Assets 5/20/19

A country’s assets are critical to the likelihood of foreign investment. Whether providing land resources, skilled labor, or tax incentives, there are many factors that can encourage foreign investors. The major assets that Costa Rica has to offer is skilled, hard working laborers, tax incentives via Free Trade Zones, as well as close proximity to, and the same time zone as the United States, which is the main factor tech companies from the U.S. use Costa Rica for their support centers.

One of the main assets that Louisiana has to offer are fossil fuels in the form of oil and natural gas in the Gulf of Mexico. The largest expense in developing a new oil well is drilling the well and constructing the production platform. To reduce the financial impact on oil producers for drilling new oil wells and getting them to the point of producing would be to encourage foreign investors to invest capital into the drilling of the new well and construction of the production platform with a return on investment of their original investment plus interest and additional royalties based on oil production for an agreed upon duration. The state of Louisiana could provide tax incentives to the direct investors as well. The owner company and the state of Louisiana would both benefit from the increased number of oil & gas producing wells.

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