The Government of Costa Rica is working to improve private investment in the country

Within the framework of the celebration of the national day of the private enterprise, President Laura Chinchilla said of the challenges and efforts performed by the country to improve investment private.

"I am referring to aspects such as excess paperwork, insecurity and the backlog of infrastructure, which became real obstacles to development and competitiveness", stressed the President.

President stressed those efforts to improve public policies already acidic positive trends in combating crime, with reduction of rates of homicides, violent assaults and people victims of crimes, with the consequent drop in concern by insecurity citizen.

She also said that efforts will remain constant for excess paperwork, decrease time and empower citizens against abuses of the administration.

Referring to Infrastructure argues that the Government will continue waging battles to leave the country ports first world, improvement of the customs, and the largest investment in highways and roads of history.

Chinchilla reminded businessmen gathered in celebration of the national day of the company private that in its last report on competitiveness, the World Bank recognized Costa Rica as one of the 10 Nations with more efforts in improving its regulatory framework.

Also emphasized that our economy shows good performance with low inflation of the past decades, growth close to five percent, records of export, foreign investment, tourism and employment generation.

The President said that the authorities will continue with the permanent monitoring the exchange rate to avoid a negative impact to the productive sector, and with the efforts to control high rates of interest and speculative capital.

Chinchilla recognized that healthy economic growth was due to some decisions in public policy as well as the thrust of the business sector, in a world economy in which many countries face economic and social conditions.

President also mentioned that Costa Rica has many strong elements to follow along the path of economic stability, as the most stable democracy in Latin America, an exceptional human capital, a growing business, and a strong respect for nature.

The President referred to the need to promote reforms to encourage private participation in electricity generation, and thus reduce costs.

Posted by Costa Developers