Costa Rica’s Free Zone recognized as a breeding ground for specialized human talent, receiving accolades in a constantly evolving and revitalizing market.
Coyol Free Zone has been recognized as the Best Free Zone in the Americas for the fifth consecutive year by the prestigious organization fDi Intelligence, adding to our extensive list of accolades, and establishing us as a leading industry benchmark, both locally and globally.
Getting this kind of recognition in a highly competitive and always changing environment like the Free Trade Zone market is no simple task.
That is why every award motivates us to maintain the excellence that sets us apart as well as to keep growing with, and for our partner companies.
The honors track dates to 2016 when fDi Intelligence recognized us with the Specialty Award in Pharmaceutical and Life Sciences Businesses, leading to more accolades in these fields.
Since then, several organizations have recognized our comprehensive approach to:
- Sustainable development
- Innovative application to our business model
- Top-tier standards
- Operations of the companies located in our Smart Park for global innovation.
Furthermore, we have earned a privileged place in the Medical Device manufacturing and Life Sciences industries, making us a benchmark for Free Trade Zones in the Americas.
Read: Coyol Free Zone attracted US$80 million in Foreign Direct Investment projects
Our accolades also extend to Mr. Carlos Wong, Managing Director of Coyol Free Zone, who has been recognized over the years as one of the most ethical and outstanding businessmen in the Central America and Caribbean region.
The following is a list of the recognitions we have received since 2016:
2024
fDi Intelligence:
- Top 10 Free Zones Globally
- Best Free Zone of the Year – Winner for Americas
- Sustainable Zones – Winner for Americas
2023
fDi Intelligence:
- Best Free Zone of the Americas
- Industrial Champions of the Americas
The European:
- Free Zone of the Year
- Most Innovative Free Zone of the Year
- Hub for Life Science and Advanced Manufacturing
2022
fDi Intelligence:
- Best Free Zone of the Americas
- #9 in the Top 10 Free Zones Globally
- Honorable Mention for Environmental Practices, Infrastructure Planning and Implementation, and Logistics Adjustment
The European:
- Latin American Free Zone of The Year
- Most Innovative Free Zone of the Year in Latin America
- Best Business for Life Science and Advanced Manufacturing in Latin America
2021
fDi Intelligence:
- #9 in the Top 10 Zones Globally.
- Regional Award – Winner Americas
- Winner Global – Excellence for ESG practises
- SME results – Highly Commended, Americas
- Honorable mention for sustainability reporting
The European:
- Best Free Zone in Latin America and the Caribbean
- Most Innovative Free Zone of the Year
- Best Business Hub for Life Sciences and Advanced Manufacturing in Latin America and the Caribbean
Investment Monitor:
- Overall Winner
- Sustainability ESG – Winner
- Covid Relief – Winner
- Aftercare Support – Honourable Mention
- Local Impact – Honourable Mention
- Digitization – Runner Up
2020
Site Selection
- #7 of the Top 10 Free Trade Zones in the World
fDi Intelligence:
- #7 Global Winner Free Zones of the Year
- Best Free Zone for Medical Devices
- Best Free Zone for Recruitment Assistance
- Best Free Trade Zone for Academic Collaborations
- Best Free Trade Zone for Sustainability
- Best Free Trade Zone for Large Customers
The European
- Best Free Trade Zone in Latin America and the Caribbean
- Most Innovative Free Zone of the Year
- Best for Life Sciences and Advanced Manufacturing Business Center in Latin America Region
2019
Site Selection
- Top Free Zone in Latin America and the Caribbean
fDi Intelligence:
- Best Free Zone for Medical Devices
- Best Free Zone for Expansions
- Best Free Zone for Recruitment Assistance
2018
Site Selection
- Top Free Zone in Latin America and the Caribbean
fDi Intelligence:
- Medical Devices Specialization Award
- Best Free Trade Zone for Recruitment Assistance
- Best Free Trade Zone for Academic Collaborations
- Best Free Zone for Expansions
2017
Site Selection
- Top Free Zone in Latin America and the Caribbean
2016
fDi Intelligence:
- Specialty Award in Pharmaceutical and Life Sciences Businesses
In order to maintain our position as one of the most prestigious Free Zones globally, we need to continue working together with our partners. This requires teamwork, trust, commitment, and expertise in developing products and services that meet all the needs for the successful operation of world-class companies in our Park.
“In addition to the innovation of its Real Estate developments and its leadership in the Life Sciences field, our organization is recognized as a breeding ground for specialized human talent, receiving awards in a constantly transitioning and revitalizing market,” said Carlos Wong, Managing Director of Coyol Free Zone.