Tuesday 22 June 2021

Medical Device Companies Give Life To A New Consortium In Costa Rica

Consortium aims to strengthen the projection of Costa Rica at a global level in the manufacture of medical devices, particularly in the United States and Canada and the Caribbean

It is estimated that this year the exports of medical devices – mainly industrial export from Costa Rica – will reach US$3 billion dollars, an increase of 22% over last year.

This growth prompted ten companies medical device manufacturing and exporting companies to join forces and give life to the CR Med Supply Consortium, which was born with the support of Costa Rica’s Foreign Trade Promotion Office (PROCOMER), the Costa Rican Coalition for Development Initiatives (CINDE) and the Chamber of Industries (ICRC),

Smith&Nephew Coyol, Alajuela. CINDE. Photo for illustrative purposes

- Advertisement -

The new consortium aims to strengthen the projection of Costa Rica at a global level in the manufacture of medical devices, particularly in the United States and Canada and the Caribbean, which, in turn, translates into a greater attraction of foreign investment and an increase in exports.

“The consortium is born as a natural response to the industrial ecosystem of Costa Rica in the face of the boom and the new challenges posed by medical device manufacturing companies, which have found a valuable destination in their operations in Costa Rica,” said Pedro Beirute, general manager of Procomer.

Photo for illustrative purposes

The process of creating CR Med Supply started last February and materialized this month with the official launch and the call to attract more participants.

- Advertisement -

The companies making up the founding group are: Natvar (Tekiniplex), Okay Industries, Cass, Creativa Industrial, SCM Metrology, Etipres, ElectroPlast, Grupo Vargas, Corbel and Camtronics.

CR Med Supply joins 12 other consortiums what operate with the support of the Procomer:

  1. Costa Rica Food Group (food)
  2. Green Plants (plants)
  3. Flourish (cut flowers)
  4. Aerospace Cluster (aerospace industry)
  5. Chayote (chayote)
  6. Pejibaye (pejibaye and banana)
  7. Global Edu (universities)
  8. Costa Rica Style (Costa Rican fashion and design)
  9. Costa Rica Animation Holding (digital animation)
  10. Educatum (institutes for a university)
  11. CR Biomed (biotechnology)
  12. Central Gate (high technology companies)

The Procomer says the medical device industry is one of the most dynamic in investment in Costa Rica and this year several international companies have announced their arrival and expansion plans.

Edwards Lifesciences (located in Cartago) will open a new plant with an investment of US$100 million dollars and will hire 1,000 more employees; Phillips (in Zona Franca Coyol, in Alajuela) also announced an expansion, as well as Precision Coating, which will install a plant, announced last May.

 

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Costa Rica’s Foreign direct investment begins to recover

QCOSTARICA - The prediction that Costa Rica would be well positioned...

Amazon announces the opening of a new cloud services office in Costa Rica

QCOSTARICA - Amazon Web Services, Inc. (AWS), a division of the...

MOST READ

Today’s Vehicle Restriction June 22: plates ending in 3 & 4 CANNOT circulate

Today, Tuesday, June 22, plates ending in 3 & 4 CANNOT circulate. The measure is countrywide and applied between 5:00 am and 9:00 pm, save...

Today’s Vehicle Restriction June 17: 7 & 8 CANNOT circulate

Today, Thursday, June 17, vehicles with plates ending 7 & 8 CANNOT circulate The measure is countrywide and applied between 5:00 am and 9:00 pm,...

Cynthia Ann Telles named new U.S. Ambassador to Costa Rica

QCOSTARICA - Today, U.S. President Joe Biden announced his nomination of Dr. Cynthia Ann Telles as United States ambassador to Costa Rica. According to the...

Tourism sector depends on political will for recovery

QCOSTARICA - The future of tourism operators in Costa Rica depends on the political will to approve a package of bills that favors the...

First five months of the year reflect recovery of Costa Rican exports

QCOSTARICA - The value of Costa Rica exports increased by 23% in the first five months of the year, being the highest growth in...

Today’s Vehicle Restriction June 19: only “ODDS” can circulate

Today, Saturday, June 19, only vehicles with "ODD" ending plates CAN circulate The measure is countrywide and applied between 5:00 am and 9:00 pm, save...

Since 2018 MECO has received contracts from the State for more than ¢139 billion

QCOSTARICA - Almost ¢140 billion colones (US$227 million dollars) is the amount the MECO construction company was able to snare for public works contracts...

Internet speed decreases during peaks in service

QCOSTARICA - Ever wonder why your surfing on the Internet slows down, to even a crawl, mainly in the evenings? This is due to...

Full court decides not to investigate or dismiss Emilia Navas

QCOSTARICA - Emilia Navas will not be removed from her position as attorney general, after calls for her to step down due to her...

WANT TO STAY UP TO DATE WITH THE LATEST!

Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.