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Costa Rica Steps Up Competition for Asian Investment with New Office in Singapore

Business

Costa Rica Steps Up Competition for Asian Investment with New Office in Singapore
Business

Business

Costa Rica Steps Up Competition for Asian Investment with New Office in Singapore

2026-04-30 03:58 Last Updated At:04:15

  • New presence aims to diversify FDI sources by positioning Costa Rica in one of the world's leading decision-making hubs for global business
  • SINGAPORE, April 30, 2026 /PRNewswire/ -- In a strategic move to place Costa Rica at the center of global investment decision-making, the Trade & Investment Promotion Agency of Costa Rica (PROCOMER) has officially opened a new Investment Promotion Office (IPO) in Singapore.

    The new office is designed to connect Costa Rica directly with companies and investment funds that are actively shaping expansion, relocation, and new operations across Asia-Pacific and beyond. It also marks a key milestone in PROCOMER's ongoing three-year strategy to diversify foreign direct investment (FDI) sources and reduce reliance on traditional markets.

    "Costa Rica is executing an ambitious, forward-looking 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 that approach, establishing a strong operational foothold in Asia-Pacific to expand our global reach and engage directly with key players in global supply chains. We are competing for sophisticated industries by offering stability, world-class talent, and a reliable business environment that enables long-term growth," said Manuel Tovar, Costa Rica's Minister of Foreign Trade.

    Singapore was a deliberate choice. With a GDP exceeding US$500 billion and a well-established role as a financial, logistics, and technology hub, the country serves as a gateway for companies managing operations across key markets such as Japan, South Korea, and Southeast Asia. From Singapore, major investment decisions are made in sectors including semiconductors, electronics, advanced manufacturing, and global services.

    "Diversifying FDI sources is essential to sustaining growth, reducing exposure to global volatility, and creating more opportunities for Costa Rican talent," said Laura López Salazar. "This office will serve as a direct bridge between Asian investors and Costa Rica's business ecosystem, supporting companies throughout their evaluation, establishment, and expansion processes with specialized, hands-on guidance."

    According to fDi Markets, Singapore has been the origin of more than 1,700 FDI projects over the past five years (2021–2025), primarily in software and IT services, business services, and communications.

    From this new base, PROCOMER will actively identify and attract investment opportunities in sectors where Costa Rica has already developed strong capabilities, including business services, advanced manufacturing—such as medical devices and semiconductors—agribusiness, and tourism infrastructure. These efforts are aligned with the evolving dynamics of global value chains.

    Costa Rica's engagement with Asia is already well established. In recent years, the country has attracted nearly 50 investment projects from Japan, including operations by companies such as Terumo Corporation, Bridgestone Corporation, and Hitachi Ltd. South Korean companies are also expanding their footprint, including SAE-A Spinning.

    Beyond attracting new projects, the Singapore office will also play a key role in supporting the retention and expansion of Asian companies already operating in Costa Rica, fostering reinvestment and the development of new productive capabilities.

    With this opening, Costa Rica continues to advance its strategy for a new global investment landscape-one where having a presence in key markets is essential to competing for high-value opportunities.

SINGAPORE, April 30, 2026 /PRNewswire/ -- In a strategic move to place Costa Rica at the center of global investment decision-making, the Trade & Investment Promotion Agency of Costa Rica (PROCOMER) has officially opened a new Investment Promotion Office (IPO) in Singapore.

The new office is designed to connect Costa Rica directly with companies and investment funds that are actively shaping expansion, relocation, and new operations across Asia-Pacific and beyond. It also marks a key milestone in PROCOMER's ongoing three-year strategy to diversify foreign direct investment (FDI) sources and reduce reliance on traditional markets.

"Costa Rica is executing an ambitious, forward-looking 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 that approach, establishing a strong operational foothold in Asia-Pacific to expand our global reach and engage directly with key players in global supply chains. We are competing for sophisticated industries by offering stability, world-class talent, and a reliable business environment that enables long-term growth," said Manuel Tovar, Costa Rica's Minister of Foreign Trade.

Singapore was a deliberate choice. With a GDP exceeding US$500 billion and a well-established role as a financial, logistics, and technology hub, the country serves as a gateway for companies managing operations across key markets such as Japan, South Korea, and Southeast Asia. From Singapore, major investment decisions are made in sectors including semiconductors, electronics, advanced manufacturing, and global services.

"Diversifying FDI sources is essential to sustaining growth, reducing exposure to global volatility, and creating more opportunities for Costa Rican talent," said Laura López Salazar. "This office will serve as a direct bridge between Asian investors and Costa Rica's business ecosystem, supporting companies throughout their evaluation, establishment, and expansion processes with specialized, hands-on guidance."

According to fDi Markets, Singapore has been the origin of more than 1,700 FDI projects over the past five years (2021–2025), primarily in software and IT services, business services, and communications.

From this new base, PROCOMER will actively identify and attract investment opportunities in sectors where Costa Rica has already developed strong capabilities, including business services, advanced manufacturing—such as medical devices and semiconductors—agribusiness, and tourism infrastructure. These efforts are aligned with the evolving dynamics of global value chains.

Costa Rica's engagement with Asia is already well established. In recent years, the country has attracted nearly 50 investment projects from Japan, including operations by companies such as Terumo Corporation, Bridgestone Corporation, and Hitachi Ltd. South Korean companies are also expanding their footprint, including SAE-A Spinning.

Beyond attracting new projects, the Singapore office will also play a key role in supporting the retention and expansion of Asian companies already operating in Costa Rica, fostering reinvestment and the development of new productive capabilities.

With this opening, Costa Rica continues to advance its strategy for a new global investment landscape-one where having a presence in key markets is essential to competing for high-value opportunities.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Costa Rica Steps Up Competition for Asian Investment with New Office in Singapore

Costa Rica Steps Up Competition for Asian Investment with New Office in Singapore

Key Takeaways

  • TransPerfect Legal appoints Christian Breen as Senior Director of Consulting for the Asia-Pacific region.
  • Breen brings nearly two decades of experience advising on high-value construction matters across Australia and New Zealand.
  • The appointment expands TransPerfect Legal's capabilities in the construction and infrastructure sector.

NEW YORK and SYDNEY, April 30, 2026 /PRNewswire/ -- TransPerfect Legal, the global leader in legal technology, AI, and advisory services, today announced the appointment of Christian Breen to its growing Asia-Pacific team. Based in Australia, Breen joins as Senior Director of Consulting, bringing expertise in construction and dispute resolution across Australia and New Zealand.

Breen will take a leadership role working alongside clients and internal teams to deliver practical, technology-enabled solutions across the full dispute and investigation lifecycle. He will help organizations manage large volumes of complex and fragmented data, streamline processes, and achieve commercially focused outcomes. He will also collaborate with TransPerfect Legal's global Construction Dispute Practice Group on high-stakes matters across the construction and infrastructure sector.

With nearly two decades of experience practicing construction and insurance law, Breen has built a reputation for advising on and resolving some of the most complex, high-value contentious matters across both private practice and in-house environments. Most recently, he served as Legal Lead ANZ for Complex Resolutions at a global infrastructure firm, where he advised on large-scale, sensitive projects from inception through resolution. His work routinely involved coordinating cross-functional teams of external counsel, internal legal stakeholders, technologists, and commercial and delivery partners across multiple jurisdictions. He held direct responsibility for resolving claims worth hundreds of millions of dollars.

"What drew me to TransPerfect Legal is its ability to combine global scale with practical, technology-driven solutions for clients," Breen said. "Having experienced firsthand the frustrations and pressures of running complex, high-stakes disputes, I'm motivated to leverage a new generation of tools and expertise to help clients avoid and resolve those challenges."

TransPerfect President and Co-CEO Phil Shawe remarked, "AI and other technology solutions have become essential to how legal services are delivered. Christian's experience will give our clients a significant strategic advantage in applying those technologies, particularly in such a data-intensive industry."

For more company news and announcements, please visit the TransPerfect News & Press Center at www.transperfect.com/about/news-and-press.

About TransPerfect Legal
TransPerfect Legal is the global leader in legal technology, AI, and advisory services for Am Law 200 and Global 100 law firms as well as corporate legal departments. With offices in more than 150 cities worldwide, solutions include forensic technology and consultingeDiscovery and early data assessmentmanaged review and legal staffinglanguage servicesdeposition and trial support, and paper discovery, all offered alongside the Reef Technology ecosystem, TransPerfect Legal's suite of proprietary applications that address the needs of legal and regulatory practitioners around the world. For more information, please visit www.transperfectlegal.com.

About TransPerfect
TransPerfect is the world's largest provider of language and AI solutions for global business. From offices in over 150 cities on six continents, TransPerfect offers a full range of services in 200+ languages to clients worldwide. More than 6,000 global organizations employ TransPerfect's GlobalLink® technology to simplify the management of multilingual content. With an unparalleled commitment to quality and client service, TransPerfect is fully ISO 9001 and ISO 17100 certified. TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong. For more information, please visit our website at www.transperfect.com.

Photo - https://mma.prnasia.com/media2/2969039/TransPerfect_Christian_Breen.jpg?p=medium600

Logo - https://mma.prnasia.com/media2/2031864/TransPerfect_Legal_Solutions_Logo.jpg?p=medium600

Key Takeaways

  • TransPerfect Legal appoints Christian Breen as Senior Director of Consulting for the Asia-Pacific region.
  • Breen brings nearly two decades of experience advising on high-value construction matters across Australia and New Zealand.
  • The appointment expands TransPerfect Legal's capabilities in the construction and infrastructure sector.

NEW YORK and SYDNEY, April 30, 2026 /PRNewswire/ -- TransPerfect Legal, the global leader in legal technology, AI, and advisory services, today announced the appointment of Christian Breen to its growing Asia-Pacific team. Based in Australia, Breen joins as Senior Director of Consulting, bringing expertise in construction and dispute resolution across Australia and New Zealand.

Breen will take a leadership role working alongside clients and internal teams to deliver practical, technology-enabled solutions across the full dispute and investigation lifecycle. He will help organizations manage large volumes of complex and fragmented data, streamline processes, and achieve commercially focused outcomes. He will also collaborate with TransPerfect Legal's global Construction Dispute Practice Group on high-stakes matters across the construction and infrastructure sector.

With nearly two decades of experience practicing construction and insurance law, Breen has built a reputation for advising on and resolving some of the most complex, high-value contentious matters across both private practice and in-house environments. Most recently, he served as Legal Lead ANZ for Complex Resolutions at a global infrastructure firm, where he advised on large-scale, sensitive projects from inception through resolution. His work routinely involved coordinating cross-functional teams of external counsel, internal legal stakeholders, technologists, and commercial and delivery partners across multiple jurisdictions. He held direct responsibility for resolving claims worth hundreds of millions of dollars.

"What drew me to TransPerfect Legal is its ability to combine global scale with practical, technology-driven solutions for clients," Breen said. "Having experienced firsthand the frustrations and pressures of running complex, high-stakes disputes, I'm motivated to leverage a new generation of tools and expertise to help clients avoid and resolve those challenges."

TransPerfect President and Co-CEO Phil Shawe remarked, "AI and other technology solutions have become essential to how legal services are delivered. Christian's experience will give our clients a significant strategic advantage in applying those technologies, particularly in such a data-intensive industry."

For more company news and announcements, please visit the TransPerfect News & Press Center at www.transperfect.com/about/news-and-press.

About TransPerfect Legal
TransPerfect Legal is the global leader in legal technology, AI, and advisory services for Am Law 200 and Global 100 law firms as well as corporate legal departments. With offices in more than 150 cities worldwide, solutions include forensic technology and consultingeDiscovery and early data assessmentmanaged review and legal staffinglanguage servicesdeposition and trial support, and paper discovery, all offered alongside the Reef Technology ecosystem, TransPerfect Legal's suite of proprietary applications that address the needs of legal and regulatory practitioners around the world. For more information, please visit www.transperfectlegal.com.

About TransPerfect
TransPerfect is the world's largest provider of language and AI solutions for global business. From offices in over 150 cities on six continents, TransPerfect offers a full range of services in 200+ languages to clients worldwide. More than 6,000 global organizations employ TransPerfect's GlobalLink® technology to simplify the management of multilingual content. With an unparalleled commitment to quality and client service, TransPerfect is fully ISO 9001 and ISO 17100 certified. TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong. For more information, please visit our website at www.transperfect.com.

Photo - https://mma.prnasia.com/media2/2969039/TransPerfect_Christian_Breen.jpg?p=medium600

Logo - https://mma.prnasia.com/media2/2031864/TransPerfect_Legal_Solutions_Logo.jpg?p=medium600

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

TransPerfect Legal Expands Construction Disputes Practice Group in Asia-Pacific

TransPerfect Legal Expands Construction Disputes Practice Group in Asia-Pacific

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