Intel Corporation will invest US$350m over three years as its Manufacturing and Operations division establishes microchip assembly and testing operations in Costa Rica. This will expand the global tech company’s production capacity and will help meet consumer demand, according to Intel Costa Rica’s General Manager, Ileana Rojas. “The existing infrastructure, synergy with the test operations that already exist on-site, the talent, the free trade zone regime, and legal environment gave Intel a favourable option to start its assembly capacity in Costa Rica”, Rojas explained. Operations are due to begin in the second half of 2021, and it is estimated that around 200 jobs will be created. Intel already employs around 2,100 people at its R&D and Global Services Centres in Costa Rica.
The full publication is available internationally on a subscription-only basis. SUBSCRIBE TO A FREE TRIAL