German entrepreneurs seek investment options in Costa Rica

April 10, 2014

A group of 14 entrepreneurs from Germany arrived in Costa Rica over the weekend to evaluate investment opportunities in the country, the Foreign Ministry said on Monday.

The group will visit the country for four days and will meet with officials from public agencies including the Costa Rican Investment Promotion Agency, Foreign Trade Ministry, Foreign Trade Promotion Office, the Environment Ministry and members of the Technology Institute of Costa Rica.

They also will hold business meetings with members of the Costa Rican Chamber of Commerce, the German Chamber of Commerce and an association of companies working in renewable energy sources.

The agenda includes a meeting with the president of the state-owned Banco Nacional, Fernando Naranjo, and a group of private companies interested in entering the German market.

The embassies of both countries also coordinated a visit to a coffee farm in Alajuela and to a group of high-tech companies already operating in the country.

Costa Rica’s ambassador to Berlin, José Joaquín Chaverri, said more than 50,000 German tourists visit the country each year. Costa Rica, meanwhile, sends coffee, bananas and pineapples to Germany as top exports.

The German expat community in Costa Rica has some 10,000 residents, Chaverri added.

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