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Business Conditions

During the last number of years, the Life Sciences industry has become a strategic sector for Costa Rica and it continues experiencing important dynamism. Today, Medical Devices have become the most important manufacturing exports sector of Costa Rica, and Coyol Free Zone represents 52.2% of them, with more than US$2,088 million in 2021.

7 of the Top 30
Global Medical Device Companies

52.2% 
of Medical Device Exports

2.67%
Of the country´s GDP in Exports

+25,000
Employees in 2023

30% 
of all the exports from Free Zones Regime in Costa Rica

$2.088
million in exports of medical devices in 2021

+$400
million in investment

The Best Free Zone in the Americas and among the Top 10 Free Zones globally
Work in an award-winning Free Zone!

Join more than 30 world-class companies at Coyol Free Zone, a Park constantly awarded by entities with global reach in areas such as Environmental Practices, Infrastructure, Logistics, Innovation, Advanced Manufacturing, and Medical Devices, among others.

esential Costa Rica
Bandera Azul Ecologica

2024

fDi Intelligence: 

  • Top 10 Free Zones Globally
  • Best Free Zone of the Year – Winner for Americas  
  • Sustainable Zones – Winner for Americas

2023:

fDi Intelligence: 

  • Best Free Zone of the Americas 
  • Industrial Champions of the Americas

The European: 

  • Free Zone of the Year
  • Most Innovative Free Zone of the Year 
  • Hub for Life Science and Advanced Manufacturing 

2022:

fDi Intelligence:  

  • Best Free Zone of the Americas  
  • Top 10 Free Zones Globally 
  • Honorable Mention for Environmental Practices, Infrastructure Planning Implementation and Logistics Adjustment

The European: 

  • Latin American Free Zone of The Year  
  • Most Innovative Free Zone of the Year in Latin America 
  • Best Business Center for Life Science and Advanced Manufacturing in Latin America 

2021

fDi Magazine

  • Top 10 Free Zones Globally
  • Regional Award – Winner Americas
  • Global Winner – Excellence for ESG practices
  • SME results – Highly Commended, Americas
  • Sustainability Reporting – Honorable Mention

Investment Monitor

  • OVERALL WINNER
  • Covid-19 Relief – WINNER
  • Sustainability ESG – WINNER
  • Aftercare Support – Honorable Mention
  • Local Impact – Honorable Mention
  • Digitization – Runner Up

The European

  • Best Free Zone in Latin America and the Caribbean
  • Most Innovative Free Trade Zone of the Year
  • Best Business Center for Life Sciences and Advanced Manufacturing in the Region

2020

Site Selection

  • Top 10 Free Zones Globally

fDI Magazine

  • Top 10 Free Zones Globally
  • Best Free Zone for Medical Devices
  • Best Free Zone for Recruitment Assistance
  • Best Free Zone in Academic Collaborations
  • Best Free Zone in Sustainability
  • Best Free Zone for Large Customers

The European

  • Best Free Trade Zone in Latin America and the Caribbean
  • Most Innovative Free Trade Zone of the Year
  • Best for Life Sciences and Advanced Manufacturing Business Center in Latin America region

2019

Site Selection

  • Top Free Zone in Latin America and the Caribbean

fDI Magazine

  • Best Free Zone for Medical Devices
  • Best Free Zone for Expansions
  • Best Free Zone for Recruitment Assistance

2018

Site Selection

  • Top Free Zone in Latin America and the Caribbean

fDI Magazine

  • Award for Specialization in Medical Devices
  • Best Free Zone for Recruitment Assistance
  • Best Free Zone in Academic Collaborations
  • Best Free Zone for Expansions

2017

Site Selection

  • Top Free Zone in Latin America and the Caribbean

2016

fDI Magazine

  • Award for Specialty in Pharmaceutical Companies and Life Sciences

Mission

Provide innovative solutions for clients who positively impact our partners, collaborators and community.

Vision

Become leaders in sustainable real estate development in the region, while increasing efficiency standards and integrating suppliers to provide the best quality of products.

Our Values

  • Innovation
  • Compromise
  • Excellence
  • Integrity
  • Responsability
  • Sustainability
  • Efficiency
  • Adaptability