Investment Policy Monitor
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UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the Investment Policy Monitors and the UNCTAD-OECD Reports on G20 Measures.
In 2024, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2012 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for sustainable development.
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The UNCTAD's Investment Policy Monitor database include official measures affecting FDI adopted by United Nations Member States. These encompass measures explicitly targeting FDI (FDI-specific), as well as general investment measures with a clear impact on foreign investment (FDI-related). The measures are either reported directly to UNCTAD by Member States through annual surveys or identified by UNCTAD researchers through publicly accessible sources (such as government websites and specialized policy databases). The classification of measures as more or less favourable is based solely on their potential impact on investors.
Note: Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
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- Costa Rica - Launched a semiconductor roadmap to attract FDI
Costa Rica
Launched a semiconductor roadmap to attract FDI
21 Mar 2024On 21 March 2024, Costa Rica launched a strategic plan to establish the country as a hub in the regional semiconductor industry: "A roadmap for strengthening the semiconductor ecosystem in Costa Rica".
The plan includes four pillars aiming to attract FDI in the semiconductors industry:
Talent development: This includes the introduction of new technical and university programmes tailored for the semiconductor industry, promoting bilingualism, attracting specialized talent in high-demand areas, and enhancing local research, development, and innovation capabilities in the sector.
Modernizing incentives: The development of financial and fiscal incentives targeting research and development, aligned with new international fiscal standards (Base Erosion and Profit Shifting - BEPS), and strengthening existing incentives to boost competitiveness in attracting and retaining foreign direct investment. This includes incentives for promoting technology-based start-up companies.
Attracting investment: Positioning Costa Rica as a strategic and attractive destination for the establishment of semiconductor industry operations including through general communication campaign and targeted prospecting campaigns using databases and automated tools to identify potential semiconductor companies for engagement. This involves identifying and contacting strategic semiconductor industry suppliers to establish operations in Costa Rica and developing tailored facilitation services to provide support to investors before and after establishment.
Regulatory framework - Streamlining procedures and facilitating trade and investment: This involves streamlining chemical registration processes by simplifying procedures, reducing the time required for registration and promoting the digitalization of chemical product labeling. It also includes optimizing immigration processes for highly skilled workers as to reduce wait times and simplify procedures, strengthening the regulatory and institutional framework for intellectual property protection, and optimizing the country's trade flow by streamlining foreign trade procedures and modernizing port infrastructure.
Developed collaboratively with more than 20 governmental entities and key stakeholders, it seeks to position Costa Rica as a strategic investment destination within the semiconductor sector. The initiative includes the active participation of national agencies such as COMEX and PROCOMER, aiming to meet global industry demands. By capitalizing on its established industry presence, specialized talent pool, and extensive supplier network, Costa Rica aims to attract foreign direct investment and fortify the regional industry.
On the same day an Executive Decree was signed that declares semiconductor industry of public interest.
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Type:
- Promotion and facilitation (Investment facilitation , Investment incentives, Other)
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Industry:
- Manufacturing (Manufacture of computer, electronic and optical products, and electrical equipment)
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Sources:
- COMEX, HOJA DE RUTA DE SEMICONDUCTORES DEFINE LOS PASOS PARA CONSOLIDAR AL PAÍS COMO HUB REGIONAL DE LA INDUSTRIA, https://www.comex.go.cr/sala-de-prensa/comunicados/2024/marzo/cp-2946-hoja-de-ruta-de-semiconductores-define-los-pasos-para-consolidar-al-pa%C3%ADs-como-hub-regional-de-la-industria/, 21 Mar 2024
- America Economia, Costa Rica buscará convertirse en un hub regional de semiconductores, https://www.americaeconomia.com/negocios-e-industrias/costa-rica-buscara-convertirse-en-un-hub-regional-de-semiconductores, 21 Mar 2024
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UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the Investment Policy Monitors and the UNCTAD-OECD Reports on G20 Measures.
In 2024, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2012 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for sustainable development.
-
The UNCTAD's Investment Policy Monitor database include official measures affecting FDI adopted by United Nations Member States. These encompass measures explicitly targeting FDI (FDI-specific), as well as general investment measures with a clear impact on foreign investment (FDI-related). The measures are either reported directly to UNCTAD by Member States through annual surveys or identified by UNCTAD researchers through publicly accessible sources (such as government websites and specialized policy databases). The classification of measures as more or less favourable is based solely on their potential impact on investors.
Note: Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.