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 [...]
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 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 [...]
Given the extraordinary importance of climate protection and the central role that the building industry plays in this regard, Coyol Free Zone has developed its business guided by a sustainable management approach, developing the right conditions for multinational companies that are looking to invest with purpose. This is the vision that the park holds for its [...]
The Medical Device cluster in Costa Rica began in 1987 with the installation of Baxter Healthcare. By the year 2000, there were already 8 companies of this industry operating in the country, and by 2009, 31 companies. To date Costa Rica has a very strong Medical Devices ecosystem, with more than 88 companies, including OEM’s (Original [...]
In its most recent edition, the business magazine Summa, featured Coyol Free Zone in its special "Leading Companies of Central America and the Dominican Republic 2021". The rankings spotlighted Coyol Free Zone as one of the leading companies in the region and placed it at the forefront of this century’s leadership. Through a rigorous study of [...]
Latest project will generate 1,000 new jobs June 2021. Establishment Labs Holdings Inc. (Nasdaq: ESTA), one of the companies located in Coyol Free Zone, began the construction of its Sulayiöm Innovation Campus in Costa Rica. This is the third expansion project that the company undertakes in the free zone. The project adds to its world-class operation [...]
Facility will support Establishment Labs’ planned growth, including launches of Motiva® Flora® and of Motiva MIA®as well as geographic expansion into China and the United States. Builds on Establishment Labs’ world class manufacturing operations in Costa Rica; annual capacity will more than double to approximately 1,900,000 Motiva implants/year when fully operational. Will expand research & development [...]
June 2021. The specialized international publication, The European of the Thompson Reuters publishing house, named Coyol Free Zone for the second time in a row, Latin America Free Zone of the Year, and awarded it The Most Innovative Free Zone of The Year, and Business Hub for Life Science and Advanced Manufacturing in the Latin American [...]
August. Coyol Free Zone Park, specialized in Life Sciences, takes a new and instrumental step on its path towards sustainability. Starting this month, the Free Zone will implement an electronic payment system in 200 bus units, saving 2.5 tons of paper per year. Currently, this Park provides bus services for the 12,000 strong workforce who are [...]
