Wal-Mart Central America Chooses Costa Rica for HQ

January 9, 2009

Wal-Mart Central America’s board of directors has decided to set up a corporate office for the isthmus in Costa Rica. The office, which will open this month, will host Wal-Mart’s regular executive committee meetings.

“The choice of Costa Rica came as a result of a detailed analysis process, where a consulting firm evaluated the conditions of the countries within this region as candidates for a likely Wal-Mart Central America headquarters,” the company said in a press release.

Among the items examined were the current business climate, competitiveness between the participating countries, the associated financial costs, and the quality of life throughout Central America.

Although the main regional headquarters will be in Costa Rica, the central office in the capital of each Central American country will remain in place.

Wal-Mart’s board of directors will meet on an annual basis once in Guatemala, where the company already carries out various corporate activities, and in Costa Rica.

In addition, both of these countries will develop “Excellence Centers” around 2010, where Wal-Mart would offer business training for its employees.

Wal-Mart has more than 500 stores in Guatemala, Honduras, El Salvador, Nicaragua, and Costa Rica. Wal-Mart operates in Costa Rica as Más X Menos, Palí, Hipermás and Maxibodega stores.

 

Facebook Comments

You may be interested

Lifeguards call for help in Costa Rica: support their work in Osa
Changemakers
1055 views
Changemakers
1055 views

Lifeguards call for help in Costa Rica: support their work in Osa

Perry Gladstone - October 20, 2018

Over the last four years, the Lifeguards of Costa Ballena have performed 240 in-water rescues, administered first aid 100 times…

Costa Rica Rocks: An evening of progressive metal at Jazz Café
Arts and Culture
518 views
Arts and Culture
518 views

Costa Rica Rocks: An evening of progressive metal at Jazz Café

Eduardo Doryan - October 20, 2018

So there I was, at the fabled Melico Salazar Theater, about to experience the pleasure of seeing the Costa Rican…

PeaceJam to host first Youth Summit in Costa Rica
Peace Talks
837 views
Peace Talks
837 views

PeaceJam to host first Youth Summit in Costa Rica

Alejandro Zúñiga - October 19, 2018

Nobel Peace Laureate Jody Williams will headline the first PeaceJam Youth Summit in Costa Rica next month. The event, scheduled…