October 14th. This 2019, for the second consecutive year, fDi Magazine awarded the specialized services that Coyol Free Zone offers to those of the companies located in the park and to potential clients.

This year, the magazine gave Coyol Free Zone 3 awards: Best Free Zone for Expansions, Best Free Zone for Medical Devices and Best Free Zone for Recruitment Assistance.

fDi Magazine is part of the renowned Financial Times publishing group and annually publishes its global competitiveness ranking with the main Free Zones in the world. In 2018, it also recognized Coyol Free Zone in 4 categories of the Global Free Zones of the Year Award: Specialization Award in Medical Devices, Best Free Zone for Expansions, Best Free Zone in Academic Collaborations and Best Free Zone in Recruitment Assistance.

To prepare the ranking, this magazine evaluates aspects of special relevance for investor groups around the world such as location, facilities, and incentives.

The most recent recognition for CFZ is the result of the capacity and commitment of its more than 15,000 employees working in 29 companies in the free zone, including 7 of the Top 30 Life Sciences companies worldwide such as Medtronic, Cardinal Health, Philips, Abbott, Smith & Nephew, MicroVention-Terumo, Hologic, among others.

For Carlos Wong, CEO of Coyol Free Zone, “medical device exports from the park increased by US$ 546 million, from US$1,430 million in 2017 to US$1,976 million in 2018, reflecting the effort and human talent that harbors the free zone, which is also an absolute leader in the exports of the Life Sciences sector with 62.7% of the country’s exports”.

Fundamental areas for Coyol Free Zone

The aspects awarded this 2019 reflects work areas specially addressed by the free zone. Recruitment assistance is provided through “Intégrate a Coyol”, a program that provides pre-selection and training services for potential employees. This way, the employability capabilities of people are improved, and the needs of companies are linked to the community.

As for expansions, Coyol Free Zone is a built-to-suit real estate developer, specialized in sustainable development with the latest technologies in the construction sector, which allows it a broad advantage and knowledge compared to the rest of the industry.

Recently, the park also ventured into the modeling of its new buildings through Building Information Models (BIM), leading technology used in cleanrooms in Europe and the United States. Because of this, the expansion of the companies located in the park was aligned with essential requirements in terms of sustainability, energy performance and use of solar energy in El Coyol to provide their own energy.