Intel will invest $ 350 million in Costa Rica in the next 3 years

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Intel Corporation announced today that it will invest US $ 350 million over the next three years to begin assembly and test operations in Costa Rica. The investment is expected to create more than 200 new jobs in the coming months and the facilities will be operational in the second half of 2021.

“Intel continually assesses its operations around the world to ensure that we have adequate capacity to meet global demand. We will begin assembly and testing operations in Costa Rica in order to expand our capacity and continue to meet the needs of our customers, ”said Ileana Rojas, General Manager of Intel Costa Rica.

He added that the existing infrastructure, the synergy with the trial operations that already exist on the site, the talent, the free zone regime and the legal certainty gave Intel a favorable option to expand its assembly capacity in Costa Rica.

The facilities will be on the company’s campus in San Antonio de Belén, and are expected to come into operation in the second half of 2021, once the necessary certifications have been approved. These operations are part of Intel’s Manufacturing and Operations organization. Once the silicon wafer manufacturing process is complete at Intel factories, they are cut and sent to a test and assembly facility. Each chip is assembled in a package that protects it and allows it to connect to other components. Finally, its functionality is tested.

“This is a very powerful sign that in the midst of the pandemic, Costa Rica has strengthened as a reliable destination for investment. In addition, it shows that the country develops long-term relationships with investors, since ours with Intel is a history of working together for more than 2 decades. An investment of this caliber deepens the Intel footprint and opens very important employment opportunities for people of different job profiles, who will thus be able to join the exports generated by Costa Rican talent to the whole world ”, said the President of the Republic, Carlos Alvarado .

The new collaborators will be hired in engineering areas and there will also be opportunities for technicians in disciplines such as: electronics, electromechanics and related. Job opportunities are being posted at www.intel.com/jobs.

For his part, Andrés Valenciano, Minister of Foreign Trade, celebrated the announcement of this new expansion, and the job opportunities it opens up for Costa Ricans.

“As a pioneer in the field of high technology, Intel opened the doors for many companies to establish themselves in Costa Rica, attracted by our most valuable resource: the talent of our people. Their history, marked by constant transformation, today translates into a diversity of processes that position them competitively in global markets, with resilience and added value. This high performance is particularly important in a context that was already driving Industry 4.0 and which, as a result of the pandemic, has accelerated its pace even more. We are proud that leaders of industries as strategic as where they belong choose us as their home. We are grateful for this new sign of confidence in our capacity, and we wish them much future innovation in the discovery of new horizons to continue serving, with a vision of purpose and sustainability, their clients throughout the world ”, indicated Valenciano.

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