Coyol Free Zone has consistently been recognized in global rankings over the past 17 years  

Coyol Free Zone is recognized for its exceptional performance across several areas of Free Trade Zone Park Regime development and management.  

We are consistently awarded for the innovation of our Real Estate developments, our leadership in the Life Sciences field, and our role as a hub for specialized  

This year we have been awarded by fDi Intelligence, in the following categories: 

Our secret? International entities like fDi Intelligence, The European, Global Alliance of Special Economic Zones (GASEZ), and Investment Monitor have outlined several key points: 

Education drive 

Judges from international organizations were particularly impressed by our education initiatives, as we aim to harness the dynamism of the Life Sciences sector to provide high-quality employment opportunities for Costa Ricans. 

We collaborate closely with local governments, and private and public educational institutions, to enhance the skills of the workforce. Our program, ‘Intégrate a Coyol’, and the Dual Education initiative supported by the Costa Rican government, are designed to bridge the gap between traditional education and the requirements of the modern industry. 

Sustainability programs 

Coyol Free Zone operates a social responsibility program, which runs an annual accountability system aligned with the UN Sustainable Development Goals (SDGs).  

In May of this year, the Global Alliance of Special Economic Zones (GASEZ) included our Park as one of the 50 model free zones for sustainability, recognizing our efforts to fulfill the Sustainable Development Goals (SDGs) and intensify measures to achieve the Global Sustainability Agenda 2030. 

Many of our efforts for the SDGs include protecting biological corridors, engaging in reforestation activities, implementing sustainable construction under LEED standards, managing construction waste responsibly, and promoting the use of green energy and renewable resources. 

We also manage a sustainable transportation system that reduces commute times and minimizes the use of fossil fuels. 

Strategic location 

Our Park is located just five miles from Juan Santamaría International airport and close to Costa Rica’s most important container ports, while the proximity of the country to the United States makes it great placed for nearshoring opportunities. 

Costa Rica is also an attractive investment destination due to its political stability, longstanding legal security, and outstanding human talent.  

Life Sciences and Medical Devices hub 

Coyol Free Zone is focused on Life Sciences and Smart Manufacturing, and it plays a key role in Costa Rica’s position as a global hub for Medical Devices, pharmaceuticals, and biotechnology.  

Our Park is home to renowned global companies, such as Medtronic, Abbott, and Bayer, among other firms, which are leaders in their respective industries.  

Through a diverse range of multinational corporations and international small and medium-sized enterprises, we have cultivated a thriving on-site ecosystem of suppliers and contractors. 

Export powerhouse 

Our Park’s leadership in Medical Devices and Smart Manufacturing, convenient location, and attractive benefits make it an ideal hub for companies seeking international market expansion. 

Seven of the companies located in Coyol Free Zone have become globally recognized as leaders in the medical device manufacturing sector, according to the 2023 Top 30 Global Medical Device Companies by MPO. 

The companies based in our Park also account for more than 50% of Medical Device exports in Costa Rica under the manufacturing segment. 

Coyol Free Zone has consistently been recognized in global rankings over the past 17 years due to its commitment to innovation and sustainable development.  

Such recognition is a result of its success in attracting investments and reinvestments, high value-added exports, productive links with local companies, and the creation of employment opportunities in the country. 

If you want further information about fDi Intelligence awards, click here: https://www.fdiintelligence.com/content/News/global-free-zones-of-the-year-2024-awards-best-knowledge-zones-84094