Wednesday, August 26, 2009

Costa Rican President Praises New Logistics Centre

New Facility to Educate and Facilitate Country’s Exporters
Shipping News Feature

SAN JOSE, COSTA RICA – A new logistics centre was formally launched this week by the country’s President Oscar Arias, despite the fact he is currently recovering from H1N1 swine flu.

The facility has been funded by the Georgia Institute of Technology, with the twin aims of inspiring and informing entrepreneurs throughout Costa Rica and giving the Institute a foothold in South America for further developments.

The President stressed that the integration of new technologies with education for the country’s potential exporters was essential in assisting the country’s recovery post world recession.

The new Trade, Innovation and Productivity Centre (TIP) will not only teach logistics practices but work with local companies to promote their activities, build databases and hopefully become the first in a series of such centres throughout South America.

Recently Costa Rica has become less reliant on its rural economy and moved into high tech industries, providing a manufacturing base for several multi national companies such as Intel Corp and Hewlett-Packard.