Yearly Archives: 2018


Costa Rican Free Zone Awarded as the Best in Latin America

November 23rd, 2018|

Employs 12,000 employees in 27 world-class companies. Exports 51% of the medical devices produced in Costa Rica. San José, Costa Rica. For the second consecutive year, Coyol Free Zone has been awarded as one of the two best free zones in Latin America and the Caribbean, according to the Top Free Zones 2018 ranking by the [...]

International publication awards Coyol Free Zone

October 12th, 2018|

Provides employment and growth opportunities to 12.000 employees Exported 28% of the total Free Zone Regime in 2017 San José, Costa Rica. fDi Magazine, a publication part of the renowned publishing group The Financial Times, recognized Coyol Free Zone in 4 categories of the Global Free Trade Zones of the Year Awards 2018, an annual publication [...]

Coyol Free Zone generates 51% of the exports of Medical Devices

September 5th, 2018|

Alajuela. 24 recognized Medical Device Companies generated to the country, $ 1.430 million in exports during 2017. This is equivalent to 28% of the exports of the entire Free Zone Regime. These companies contributed ¢ 294 billion of added value to the national economy (0.9% of GDP) and 8 of them are part of the Top [...]

Coyol Free Zone Sustainability: Bigger and greener!

August 8th, 2018|

Coyol Free Zone lives daily with a commitment to sustainability, and 2018 is the best example of it. Last month, our gardening team planted 100 new native trees, that year after year we bring to the international business park to continue increasing air quality and scenic beauty. With these trees, we reached 1200 native species planted [...]

Establishment Labs carries Costa Rican flag to Nasdaq

July 19th, 2018|

Coyol Free Zone, headquarters of operation in Costa Rica of the company Establishment Labs Holdings congratulates Mr. Juan José Chacón and all his team for establishing themselves as the first national company to be listed on Nasdaq. Nasdaq is the second largest electronic and automated stock exchange in the United States, after the New York Stock [...]

What Makes Costa Rica and Coyol Free Zone a Great Business Center?

May 23rd, 2018|

In 2017 Site Selection Magazine awarded Coyol Free Zone as the Top Free Zone in Latin America and the Caribbean. For the May edition, the Site Selection Investment Report described the great business ecosystem of Costa Rica and the strategic reasons for the investor’s success, among them Coyol Free Zone and CINDE (the Costa Rican Investment [...]

At the forefront of Medical Devices Technology in Latin America

May 15th, 2018|

This month, “Inversión Inmobiliaria” magazine dedicated a space to detail how Coyol Free Zone managed to become the most important Medical Device Manufacturing hub in the country and the factors that lead us to be the Free Zone with the largest exports and one of the most important in Latin America and Caribbean. The report highlights [...]

MicroVention-Terumo announces its expansion in Costa Rica

April 24th, 2018|

Company operates since 2011 in Coyol Free Zone and will hire 1100 new jobs for 2019 Alajuela. The company MicroVention-Terumo announces its expansion in Costa Rica and will double its production capacity in Coyol Free Zone for the third quarter of 2018. The plans of the company require expanding its facilities from 7 thousand square meters [...]

Exports of Medical Devices in Costa Rica doubled in three years

April 10th, 2018|

Coyol Free Zone generated $515 million of added value to the economy of the country (0.9% of the GDP). According to PROCOMER, the sales of Medical Devices from Coyol Free Zone to other countries around the world, went from $578 million in 2014 to $1,430 million in 2017. The Medical Devices that are manufactured in Coyol [...]

From a sugarcane farm to medical devices manufacturing business center

February 13th, 2018|

The costa rican magazine Inversión Inmobiliaria, a reference publication for decision-makers in the field of real estate, dedicated a full interview to our Coyol Free Zone President, Álvaro Carballo. Here you can find 11 years of experience and operation, and the extensive path of how Coyol Free Zone became an excellent industrial park with exports [...]

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