Investment policy

Costa Rica - Investment Policy Review - OECD

 

Date of publication
30 September 2013

 

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Costa Rica signs
OECD agreement to
boost investment

30/09/2013 - Costa Rica today became the 45th country to adhere to an OECD international investment instrument designed to help the country attract more and better foreign investment and promote responsible business conduct.

Welcoming Costa Rica’s signing of the OECD Declaration on International Investment and Multinational Enterprises...

>> English | French | Spanish

>> Speech by Angel Gurría

Costa Rica's Minister of Foreign Trade Anabel González and OECD Secretary-General Angel Gurría at the signing ceremony

 


ABOUT THE BOOK

This comprehensive review of Costa Rica's investment policies was undertaken in light of the government's expressed desire to adhere to the OECD Declaration on International Investment and Multinational Enterprises.

 

The review examines Costa Rica’s achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment. It includes a special chapter on the country's investment framework in support of green growth, focusing on the country’s policies regulations and institutions to facilitate and promote green investment.

 

The report makes a series of recommendations to address key challenges facing Costa Rica. These include:

  • Make better use of Public Private Partnerships in transport and electricity, develop management expertise, and offer more opportunities for foreign investors to participate in PPP projects. This will help modernise the electricity sector, meet growing demand and ultimately reduce costs;
  • streamline and modernise procedures for doing business and cut red tape to facilitate domestic and foreign investment;
  • Reinforce partnerships between the government, universities, R&D centres and the private sector to meet a growing gap between supply and demand in priority sectors, notably high-tech industries;
  • Continue its efforts to fight corruption in the public sector and foreign bribery as set out in the Guidelines for Multinational Enterprises.

 

DOCUMENTS AND LINKS

Policy Framework for Investment

Guidelines for Multinational Enterprises

Declaration on international investment and multinational enterprises

FDI Regulatory Restrictiveness Index

Access all investment policy reviews

Latin America and Caribbean Investment Initiative 

Investment for green growth

 

 

 

 

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