Wednesday, October 22, 2008

Mexico Invests in Costa Rica.

Mexico and Costa Rica have operated under a North American Free Trade agreement for thirteen years, and their bilateral trade has almost doubled each and every year in those years. Mexico's trade with Costa Rica is now eleven times more than it was in 1995.

Mexico has now announced that it is investing more than US$400 million in Costa Rica building further on this well stablished trade agreemen.

The emphasis is on finance, food communications and construction industries.

More monetary support for Costa Rica’s construction efforts will inevitably lead to enhanced telecommunications, roads, and an overall improvement to Costa Rica’s transportation systems.

This added boost to the ecomony has to be good for Costa Rica's real estate market
since an increased construction budget means Costa Rica real estate will become even more desirable.

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