Wednesday, August 30, 2023

Costa Rica as the Singapore of Central America

 The construction of the TSMC Arizona plant is a major step forward for the US semiconductor industry demanding STEM educated engineering talent that lifts our economy.  But it also requires a Singapore that organized Southeast Asia to build and assemble ancillary tech products to sell their chips to.

Costa Rica has the potential to become the "Singapore of Central America". Singapore is a small country that has transformed itself into a major global hub for business and technology. Costa Rica could follow a similar path, by leveraging its advantages to attract investment from the tech industry.

If Costa Rica is able to become a major hub for the tech industry then it would create jobs, boost economic growth, and attract foreign investment to itself and neighboring countries that would raise the standard of living in the region and be a solution to the migrant crisis.



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