Yearly Archives: 2021


Costa Rica consolidates its position as a destination for the pharmaceutical industry

October 5th, 2021|

Bayer operations reaffirm Coyol Free Zone’s potential as industry cluster October. Our country is making steady progress in the consolidation as a destination for the pharmaceutical industry, and Coyol Free Zone is proof of this, as it is home to the new Bayer Medical Alajuela plant, an investment of around $200 million. This announcement by the [...]

Medtronic and the Instituto Tecnológico de Costa Rica announce a key partnership to generate an internship program to local college students

September 29th, 2021|

This Program Will Allow Young People from Tilarán, Guápiles, Cartago, Heredia and San José to Have the Chance to Apply for a Place as a Medtronic Coyol Site Intern and to Obtain Their First Experience in the Medtech Industry Medtronic Coyol Site Is the Largest Employer of Precision Operators in Costa Rica September. Medtronic plc, the [...]

Foreign Direct Investment in Costa Rica: What are companies seeking?

September 27th, 2021|

The pandemic caused a reconfiguration in global value chains to which countries must pay attention if they want to continue attracting Foreign Direct Investment. This new global context was discussed by experts from several countries in the V National Congress of Free Zones and the XXIII Ibero-American Conference of Free Trade Zones, hosted by the Association [...]

Philips builds a new research and development laboratory

September 22nd, 2021|

Construction of the first laboratory at Philips Costa Rica, dedicated to the research and development of medical devices, began in September. The laboratory will test and characterize materials and processes involved in the manufacture of image-guided therapy products. Furthermore, general research and development support will be provided to the company. “It is great news for our [...]

Alliance to improve English language skills of students in Alajuela

September 15th, 2021|

More than 50 young people will improve their professional profile to gain access to Life Sciences and Advanced Manufacturing companies. September. An alliance signed by Coyol Free Zone and the Costa Rican-North American Cultural Center (CCCN) will allow to raise the English level of the students of the Professional Technical Schools (CTP) of San Rafael de [...]

INA to train those interested in working in the medical device industry

September 8th, 2021|

September. An agreement executed between the Instituto Nacional de Aprendizaje (INA - National Learning Institute) and CODE Development Group will open the doors of Life Sciences to individuals interested in working in this world-class industry. Under this Agreement, the Western Central Regional Headquarters of INA will develop an ongoing training program for people residing in the [...]

Coyol Free Zone: A Partner to Foster your Company’s Growth

August 31st, 2021|

Coyol Free Zone is a strategic partner for the companies of the Life Sciences industry and the sector of advanced manufacturing, by offering our clients the convenience of a one-stop-shop provider in Costa Rica that will support the success of their processes as well as the future growth of their businesses. Despite the challenges, it was [...]

Costa Rica leads greenfield Foreign Direct Investment globally

August 24th, 2021|

Costa Rica secured the first spot as the world’s best performing location relative to its size, when it comes to attracting foreign direct investment (FDI), as disclosed by the 2021 Greenfield Performance Index, with 84 countries evaluated. The country climbed to the top of this year’s annual ranking with a score of 11.4. This score places [...]

Teradyne expands its operations and invests US$20 million

August 23rd, 2021|

August. Teradyne (NYSE:TER) will occupy a new 11,000 m2 building, starting this month, with the relocation of its operations to the Coyol Free Zone. This move is part of the expansion plan of the company to increase its operations in the country as well as its Research and Development (R&D) capabilities. Teradyne Costa Rica creates employment [...]

Coyol rewards suppliers linked to Life Sciences manufacturing processes

August 16th, 2021|

Coyol Impulsa will reward suppliers linked to manufacturing processes of the Life Sciences Sector of Coyol Free Zone August. National companies that are part of the value chain in the Life Sciences sector of Coyol Free Zone will have a valuable opportunity to make their innovations known to the country through Coyol Impulsa Awards. It is [...]

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