Weekly Report - 12 June 2014 (WR-14-23)

President Luis Guillermo Solís wasted little time after his inauguration on 8 May in setting about trying to respond to the private sector by attracting new sources of foreign direct investment (FDI), especially in the technology sphere, after the recent decision by the US chipmaker Intel to close its assembly operations in Costa Rica for the loss of 1,500 jobs [WR-14-15]. Solís, who promised to “limit the damage” from Intel’s exit, started a week-long visit to the US on 9 June, which will conclude in Washington, in Silicon Valley to court the world’s largest technology corporations.

End of preview - This article contains approximately 370 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial