Coyol Free Zone is the best free zone in Latin America and a leading industrial park located in Alajuela, Costa Rica 5 miles away from Costa Rica’s main international airport, and close to the main seaports, Caldera and Moin.
Its strategic location in the Center of the Americas has allowed the Park to run successfully for 15 years, with an innovative and environmental focus.
Get to know the space where Innovation, Medical Manufacturing experience and adaptability for world-class Life Sciences solutions converge in Coyol Free Zone, at Coyol, Alajuela, Costa Rica.
We have proved to be the best option in the Americas for Life Sciences and smart manufacturing companies, as became evident with our multiple international awards. 2021 was particularly prolific for Coyol Free Zone in this department: we received 14 awards, including fDi Intelligence’s Best Free Zone of the Americas and Investment Monitor’s highest honor in its inaugural Economic Zones Sustainable Recovery Strategies Awards.
Our Park offers much more than just tax incentives and the best infrastructure. It also provides proven expertise in development buildings for the Life Science Industry and the complementary services required to support the successful operation of a Life Science company from within Costa Rica.
With a solid on-site ecosystem of suppliers and contractors that has capabilities as packaging, molding, extrusion, and sterilization, among other. The presence of on-site sterilization services (E-BEAM and EtO) along with specialized logistics companies, means that medical devices can be exported directly from Costa Rica to final markets. This provides companies with significant savings in production times, transportation, and warehousing.
We also provide investors security for their operations with a fully redundant electrical grid (offering underground connectivity), intelligent digital meters, and renewable energy sources.
Coyol Free Zone provides optimal conditions to keep your business running, such as:
- The legal security of the Costa Rican Free Trade Zone Regime.
- The political stability of the country.
- A solid healthcare system that was able to contain the COVID-19 pandemic to a minimum.
We recruit for you
Companies need the best talent available to sustain a successful operation. Costa Rica, for instance, is home to a nourished talent pool product of more than 67 universities, 54 different specialties, and more than 320,000 students enrolled.
This potential workforce also has the high English level required by multinationals, among other skills on rising demand worldwide. Costa Rica is currently the third country in Latin America with the highest proficiency level in this language, according to the 2021 English Proficiency Index.
Furthermore, Costa Rica is the second-best country in Latin America for retaining talent, and number 15 globally, according to data by the World Economic Forum for 2017.
Coyol Free Zone offers support on recruitment to take out the best from the talent available, providing evaluation and personnel selection services to streamline processes. We also have an online database with more than 90,000 users who aspire to find work within the Park. In addition to these services, we organize 1 on 1 and virtual job fairs, for which we provide experienced recruiters.
Currently, Coyol Free Zone provides quality employment for 22,000 people, 54% women, and 72% between 18 and 35 years old within the 31 companies that operates from the park. 7 of them are among the Top 30 Global Medical Device Companies:
- Cardinal Health
Why Costa Rica?
The country’s know-how, which has earned it the recognition of the leading medical devices exporter per capita in Latin America, and the synergy with leading universities in the country, the government, and the private sector, are good signs for foreign investment.
The digitally skilled workforce and the robust telecommunications infrastructure of Costa Rica also allowed 98% of multinationals employees in Shared Services to work from home, as well as 85% of manufacturing companies, maintaining rigorous safety standards during the COVID-19 pandemic.
Costa Rica has well-established Free Trade Agreements (FTAs) that give preferential access to two-thirds of the world’s GDP and over 57 trade partners, including the United States and the European Union. It is also one of the only three countries in the American continent that has an FTA with China.