Yearly Archives: 2021


Coyol Free Zone makes it to the Top 100 companies in Costa Rica

December 22nd, 2021|

Coyol Free Zone figures among the 22 new companies that made it to the Top 100 of the 2021 Merco’s corporate reputation ranking for Costa Rica. We also featured as the country’s second most relevant company for the industrial sector. Additionally, Carlos Wong, Managing Director of our Park, was recognized as one of the 30 most [...]

Construction for Life Sciences is booming

December 14th, 2021|

Demand continues to outpace supply in the Life Sciences industry, which works for clients in pharmaceutical, biotechnology, biomedical technologies, nutraceuticals, cosmeceuticals, and others. The recent boom in interest has been driven in part by the COVID-19 pandemic, as the sector exponentially grew due to activity around testing and vaccine development. The spike in demand for Life [...]

Reasons to nearshore in Costa Rica

December 9th, 2021|

Nearshoring is among us. The Covid-19 pandemic generated one of the most relevant disruptions in trade and transportation since World War II, thus accelerating the relocation of companies that started a few years ago. The interruption in the logistics and production chains caused by Covid-19 lit the alarm light. While others are analyzing this new globalization [...]

Coyol Free Zone recognizes national suppliers with best business practices

November 23rd, 2021|

Coyol Impulsa recognizes the efforts of companies linked to manufacturing processes in the Life Sciences Sector. November. Innovation, sustainability and the permanent development of products and services for the Life Sciences industry led five Costa Rican companies to be awarded in the First Edition of the Coyol Impulsa Award. This initiative is led by Coyol Free [...]

Nevro Corp. announces Investment of US$21 Million in Coyol Free Zone

November 11th, 2021|

November. Coyol Free Zone, the specialized Life Sciences industry Park in Costa Rica, celebrates the opening of the global operations of Nevro Corp. (NYSE: NVRO), with a 35,000 square foot facility. Nevro expects to invest approximately US$21 million by the end of 2022 to support future growth initiatives. Thus, the Park reaches 30 operating companies (Bayer [...]

Coyol Free Zone guarantees high-quality employment

November 9th, 2021|

Companies inside Coyol Free Zone managed to keep all their personnel, and not only that, but they also created 1,500 new positions during 2020. These figures represent an increase of 10% in the current positions inside the Park, employing 16,500 people. Most of the new positions created in 2020, specifically 55%, were recruited virtually, and are [...]

New screens protect medical personnel at the Alajuela Hospital

November 8th, 2021|

Donation will promote health security for 1,700 people November. The medical, nursing and administrative staff of the San Rafael Hospital in Alajuela are now able to rest and take their meals more safely with the support of fifty screens, which have made it possible to expand and improve the capacity of the dining room of this [...]

Costa Rica with the Best Free Trade Zone in America

October 18th, 2021|

Rankings highlight the resilience of Coyol Free Zone despite the impact of COVID19 The Park received 11 new awards in the last month October. Three world rankings, led by experts in attracting Foreign Direct Investment, determined that in 2021, Coyol Free Zone is the leading Free Zone in the region and a pioneer in sustainability, environment [...]

Bayer to invest US$200 million (EUR 170 million) in new pharmaceutical plant in Costa Rica

October 8th, 2021|

The investment is intended to contribute to its sustainability objectives. Bayer is committed to providing access to modern contraceptives for women in low- and middle-income countries and contributing to the United Nations Sustainable Development Goals (SDGs). The new state-of-the-art pharmaceutical plant, which will produce long-acting reversible contraceptives (LARC), is already under construction in the Coyol Free [...]

Coyol Free Zone: The most resilient Free Zone during the Covid-19 pandemic

October 6th, 2021|

Coyol Free Zone’s Covid-relief strategy was recently recognized by the inaugural Economic Zones Sustainable Recovery Strategies Awards The Covid-19 pandemic has forced Free Zones worldwide to adapt and innovate in order to attract new investment and retain existing business, whilst putting in place policies geared towards recovery and resilience. Coyol Free Zone has managed to grow [...]

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