With the opening its telecommunication and insurance market as well as the bidding for the concession of the Port in Limon, Costa Rica’s economy is looking at a bright future for 2009.

Despite the financial stumble taken by the U.S as well as other global economies, several international companies have found a promising future in the Costa Rican market.  After years of solely managing the country’s telecommunications industry, the Costa Rican Institute of Electricity (ICE) will need to yield before international phone companies interesting in opening shop in the country.

The second most important investment Costa Rica is looking at is the concession of its port in the Caribbean province of Limon.  Companies interested in obtaining this concession are looking at an US5 million investment.  However, the investment is well worth it since Limon represents the major port of trade in Costa Rica.

There are currently 13 companies interested in obtaining the port concession in Limon.  Along with the new port, the region’s infrastructure is looking to improve thus attracting more investors in other commercial areas such as tourism.  Jaco Costa Rica hotels in the province of Puntarenas are gradually multiplying and all have the characteristic of being environmentally focused.

The third investment Costa Rica is looking at is the opening of its insurance market.  Like the telecommunications market, the National Insurance Institute of Costa Rica (INS) has been flying solo since 1924.  With the aperture of this market along with the above mentioned. Costa Rica is expecting around US.6 billion in investment as well as 3,500 job openings.

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3. Key Report for Costa Rica Property Investors
4. Jaco and Hermosa Receive Blue Flag
5. Billabong WSG 2009 Calendar of Events