The U.S. State Department will partner with the Government of Costa Rica, exploring ways to potentially diversify and create a more transparent, secure, and sustainable global semiconductor value chain.
The partnership announcement underscores the significant potential to expand the industry in Costa Rica. The information gathered will establish future collaboration on developing the sector, starting with a review of Costa Rica’s current semiconductor industry development, regulatory framework, and workforce and infrastructure needs.
The semiconductor supply chain represents an opportunity for economic growth and job creation in Costa Rica. The effort is expected to strengthen Costa Rica’s position as a reliable investment destination for advancing the regional chips agenda.
The CHIPS Act created the ITSI Fund that provides the U.S. Department of State with $500 million to expand global semiconductor manufacturing; secure semiconductor supply chains; and develop and deploy secure and trustworthy Information and Communications Technology (ICT) networks and services through new programs and initiatives with our allies and partners.