• Sustainable transportation avoided use of 1.7 million paper tickets

  • Ride Coyol electronic fare collection system saved 3.4 tons of paper

June. In just 6 months of implementation, the Ride Coyol electronic bus fare collection system enabled 14,000 workers to commute daily and avoided the printing and use of 1,700,000 paper tickets.

The system is part of the technological initiatives of Coyol Free Zone, the leading advanced manufacturing park in Costa Rica, with the objective of promoting social and environmental impacts within the framework of its 15-year anniversary.

According to the park’s 2021 Sustainability Report, eliminating the use of cash, tickets or other types of payment is equivalent to avoiding the cutting down of a significant number of trees.

“We are proud of the remarkable impact of the Ride Coyol electronic fare collection system, which enables a cleaner and safer collection for employees, as well as a benefit for the planet. Over the years and with the transportation service that the park has provided to its companies, the impact on the generation of productive linkages has been strengthened with bus companies. This will be reinforced starting in 2021, with the implementation of Ride Coyol”, said Carlos Wong, Managing Director of the Coyol Free Zone.

With the Ride Coyol electronic payment system, 3.4 tons of paper were no longer used between August and December, 2021, in 520 daily transportation services to destinations such as Alajuela, Heredia, San José and Cartago.

Energy consumption and use of solar panels

Coyol Free Zone’s Sustainability Report highlights that 2021 was the year with the most square meters built in the park’s history, reaching 44,600 square meters. However, this growth was accompanied by successful environmental strategies that allowed the generation of 92,230 kW/h through solar panels in the administrative offices and reduced electricity consumption by 44%.

In addition to this, other initiatives, such as the development of sustainable construction and integrated waste management, are achievements that reflect the vision of a park that has sought to maximize its positive impact on society in its 15 years of existence.

In this way, Coyol Free Zone honors its purpose of achieving a rational and responsible use of resources and contributing daily to the fight against climate change and the fulfillment of the Sustainable Development Goals.

The 31 companies located in the park employ 18,400 workers, also providing 3,500 indirect employment opportunities in services such as cafeteria, security, and others.

This generation of quality employment is enhanced through training programs such as “Coyol te Prepara”, which last year benefited more than 3,500 people who were trained through the Manufacturing Operator course.

Currently, Coyol Free Zone exports 29.6% of the total exports of the country’s Free Zone Regime. This privileged position was recognized by the international magazine fDi Intelligence, which ranked the park as No. 9 in the Top 10 Best Free Zones in the World, and by Investment Monitor, which named it the most resilient Free Zone before COVID19.

If you wish to read Coyol Free Zone’s Sustainability Report you can find it here: www.gentecoyol.com

About Coyol Free Zone

Coyol Free Zone is the leading medical device export park in Costa Rica, exporting over $2 billion per year, which is equivalent to 30% of the exports of the manufacturing segment of the country’s Free Zone Regime. It is part of the Top 10 Free Zones in the World and was designated as the Best Free Zone in America, Best Free Zone for SMEs and Free Zone of Excellence for Environmental, Social and Corporate Governance Practices, by the international investment agency fDi Intelligence. It is also the Best Free Trade Zone in Latin America and the Caribbean, the Most Innovative Free Trade Zone of the Year and the Best Business Center for Life Sciences and Advanced Manufacturing, according to The European magazine.