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Costa Rica’s Chinchilla launches charm offensive to lure more US investors

Monday, May 16, 2011

Costa Rican President Laura Chinchilla will visit the United States this week in a bid to build on the charm offensive with American investors and media that she kicked off last September.

Chinchilla and a selection of top cabinet members and investment promoters set off May 14 for San Francisco, California, and then to Washington DC on May 18, meeting along the way with businesses to spark interest in moving their operations to Costa Rica.

Chinchilla needs to convince US companies that Costa Rica, known for its stability, is still a sound investment despite the country’s infrastructure shortcomings, crime problems and her government’s widening deficit.

Original source: Americas Quarterly