Yearly Archives: 2023


2,200 employees of Coyol Free Zone and allied companies ran to benefit educational centers in Alajuela

December 21st, 2023|

December 2024. A total of 2,200 employees of Coyol Free Zone and the companies based there once again took part in the Carrera Clásica Coyol, a competition aimed at promoting health and wellness, as well as supporting the infrastructure and equipment needs of educational centers in the geographical area of influence of the Park. This activity [...]

The Advantages of the Free Trade Zone Regime in Costa Rica

December 8th, 2023|

Benefits go beyond tax exemptions Coyol Free Zone is the perfect success story of the Free Trade Zone Regime in Costa Rica. Our industrial park brings together world-class companies in a specialized cluster, thus allowing them to be more competitive and efficient. Proof of this productive bonanza is reflected in prolific export figures each year, exceeding [...]

2,000 people trained to work in the Life Sciences Industry

November 24th, 2023|

Courses were taught in the first half of 2023  August. Four different initiatives developed by Coyol Free Zone enabled approximately 2,000 people to strengthen their skills and abilities to opt for quality employment in the Life Sciences industry or to specialize in their current jobs. This Park offers an educational effort with social projection called “Coyol [...]

AI in the Manufacturing Industry: What does it imply?

November 10th, 2023|

Nowadays, Artificial Intelligence (AI) is being incorporated into many technologies involved in the smart manufacturing process , including semiconductors, communications equipment, software applications, and platforms. At Coyol Free Zone, we believe in AI’s potential to improve the smart manufacturing industry, associated with the benefits of increasing efficiency and sustainability in many processes. The influence of AI [...]

Nevro Corp’s Quest for Environmentally Sustainable Operations

October 31st, 2023|

The company established manufacturing operations in Costa Rica because it’s one of the top 10 eco-friendly countries in the world October, 2023. Costa Rica’s commitment to sustainable development and environmental protection policies and practices has been a significant factor in Nevro Corp to establish its medical device manufacturing operations in our country. “We chose Costa Rica [...]

Coyol Free Zone stands out as the Best Free Zone in the Americas

October 12th, 2023|

The Park has an investment of more than US$400 million. October 2023. Coyol Free Zone shines in the eyes of the world when it comes to attracting Foreign Direct Investment (FDI). This is confirmed by the most recent award granted by fDi Intelligence, a division specialized in foreign investment of the Financial Times. This magazine, recognized [...]

Partnership with the United States will open opportunities for the semiconductor industry in Costa Rica

October 4th, 2023|

The partnership seeks to create a more transparent, secure, and sustainable global semiconductor value chain The incentives granted under the CHIPS Act in the United States, and a new partnership with Costa Rica, would encourage the demand and development of semiconductors. The partnership, enabled by the International Technology Security and Innovation Fund, seeks to create a [...]

Novel catheter gives hope to people with severe cardiovascular disease caused by calcification in arteries

September 29th, 2023|

Manufactured by Shockwave Medical in Coyol Free Zone The company is a pioneer in the development of intravascular lithotripsy (IVL) to treat severe vascular calcifications. It is in the process of starting its manufacturing operations, and plans to hire +300 people in the next year. September. In order to improve the lives of patients around the [...]

FDI inflows in Latin America have recovered up to pre-pandemic levels

September 12th, 2023|

Conditions for investing in Latin America and the Caribbean region are improving, with news that foreign direct investment (FDI) grew by 4% during 2022. With $208 billion in investment, the region recovered 2020’s lost ground fully, and reached the second-highest level ever recorded. During the pandemic period between 2020 and 2021, the FDI inflows dropped to [...]

Riverpoint Medical invests $10 million in its new facilities and manufacturing site in the Coyol Free Trade Zone

August 24th, 2023|

The company expects to double its current payroll by the end of 2023 Coyol, Alajuela, Costa Rica. August 22, 2023 - Riverpoint Medical - a leading developer, designer and manufacturer of medical devices - announced the opening of its new facilities and manufacturing plant in the Coyol Free Trade Zone in Alajuela. With a $10 million [...]

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