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Recognitions

The recognition of CINDE’s effort to attract Foreign Direct Investment to Costa Rica by International Organizations:



 World Bank Group: The Investment Promotion Benchmarking

 CINDE is ranked amongst the top 10 national investment promotion agencies in the world
 
 “In these tough economic times, with prospects for new investment seeming scarcer, getting the basics of investment promotion right could not be more important. And CINDE's large improvement in the study could not be more timely. It has risen from a score near the global average in 2006 to join the group of top 10 national IPIs in 2009, which includes long-time best-practice agencies like Invest in Sweden Agency and UK Trade and Investment, as well as this year's top-ranked IPI, Austrian Business Agency”.

(Carlos Griffin, Representative of the Investment Climate Advisory Service (FIAS) of the World Bank Group)



The World Economic Forum, "Costa Rica: a Central America success story in competitiveness"

“…The key factor that originated this development was the focalized strategy on FDI promotion that has followed the national investment promotion entity, CINDE… “CINDE focused on high-tech FDI, looking to diversify Costa Rica’s productive structure”…“This levered the educated workforce of the country and guarantied a more advantaged international market position”

(World Economic Forum has included as part of the Global Competitiveness Report 2008-2009)

 

 

The Economic Commission for Latin America and the Caribbean (ECLAC)

“Without a doubt, CINDE with not many resources and with a lot of creativity, has accomplished successful experiences of different latitudes, and in that way has contributed in a very positive way to the modernization and development of Costa Rica”

Foreign Investment in Latin America and the Caribbean.
Box 11.4
Costa Rican Investment Promotion Agency (CINDE): A Key Institution in the country’s success

 

The Inter American Development Bank (IADB)

“Since its constitution in the beginning of the 80s, CINDE has been a very efficient organism due to its investment intelligence information and also as a promotion entity, identifying attractive investment opportunities and supporting the Government’s proactive public policies, not only to seduce potential investors to come to the country, but to also keep them satisfied once the have established”

Graciana del Castillo (BID study, July 2004)
Economy PhD., Columbia University and expert in emergent economies and FDI

 

United Nations Conference on Trade and Development (UNCTAD)

“CINDE is one of the leading investment promotion agencies in Latin America, with a good track record and well-documented success stories in investor targeting. The agency’s mission statement not only highlights the organization’s role in attracting FDI to Costa Rica, but also its commitment to quality services for investors and its responsibilities as a facilitating agent”

Investment Advisory Series
Series A, number 1
United Nations Conference on Trade and Development
“Aftercare: A CORE FUNCTION IN INVESTMENT PROMOTION”