- The agency aims to diversify the origin of foreign direct investment by establishing a presence in one of the world’s key business decision-making hubs
Singapore, April 18, 2026. In an effort to position Costa Rica directly within one of the world’s leading centers where companies and investment funds make decisions on expansion, relocation, and new operations, the Costa Rica Trade and Investment Summit (PROCOMER) inaugurated a new Investment Promotion Office (IPO) in Singapore.
This opening is part of PROCOMER’s diversification strategy over the past three years, aimed at reducing reliance on traditional markets.
“Costa Rica is executing an ambitious and proactive strategy to position itself as a leading destination for high-value investment. We are not waiting for opportunities to come to us—we are actively pursuing them. Our presence in Singapore reflects this approach, establishing an operational hub in Asia-Pacific to expand our global reach and connect directly with key players in global supply chains. We are competing for sophisticated industries by offering stability, world-class talent, and a reliable environment that enables companies to grow and operate with long-term certainty,” said Manuel Tovar, Minister of Foreign Trade.
Singapore is not a random choice. With a Gross Domestic Product (GDP) exceeding US$500 billion and a well-established role as a financial, logistics, and technology hub, the country serves as a platform for companies leading operations in key markets such as Japan, South Korea, and Southeast Asia. From there, investments are structured in sectors such as semiconductors, electronics, advanced manufacturing, and global services.
“Diversifying the origins of FDI is key to sustaining growth, reducing risks in volatile environments, and creating more opportunities for Costa Rican talent. This investment office will serve as a direct bridge between Asian investors and Costa Rica’s ecosystem, facilitating evaluation, establishment, and growth processes through specialized and hands-on technical support,” added Laura López, CEO of PROCOMER.
According to fDi Markets data, over the past five years (2021–2025), Singapore was the source of more than 1,700 foreign direct investment projects, primarily in software and IT, business services, and communications sectors.
From Singapore, PROCOMER will focus on identifying projects in sectors where Costa Rica already has established capabilities and experience, including business services, advanced manufacturing—such as medical devices and semiconductors—agribusiness, and tourism infrastructure, all aligned with the evolution of global value chains.
Costa Rica is not starting from scratch in its relationship with Asia. In recent years, the country has attracted nearly 50 investment projects, primarily from Japan, including companies such as Terumo, Bridgestone, and Hitachi. This is complemented by the presence of South Korean companies, such as SAE-A Spinning, which continues to expand its operations in Costa Rica.
In addition to attracting new projects, the office will play an active role in retaining and expanding Asian companies already operating in Costa Rica, promoting reinvestment and the development of new productive capabilities.
With this opening, Costa Rica advances its strategy for a new global investment landscape, where a presence in key markets is increasingly decisive.
