QCOSTARICA – Three global rankings, led by experts in attracting foreign direct investment, have determined that by 2021, Coyol Free Zone is the main free zone (zona franca, in Spanish) in the region and a pioneer in sustainability, environment and innovation.
One of the publications is the famous international magazine fDi Intelligence, which for the fifth consecutive year highlights the work of the business park by placing it in the Top 10 free zones in the world and recognizing it as the best free zone from America. In addition, it is awarded as Best Free Trade Area for Small and Medium Enterprises (SMEs) – Pequeñas y Medianas Empresas (PYMES), in Spanish – Excellence for Environmental, Social and Corporate Governance Practices, as well as an honorable mention for the 2020 Sustainability Report, presented earlier this year.
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Another of the publications is The European, which named Coyol Free Zone in a privileged position, naming it the best free zone in Latin America and the Caribbean for the second year in a row. In addition, it was recognized as the most innovative free zone of the year and the best business center for life sciences and advanced manufacturing.
“The awards obtained reaffirm the park’s ability to compete at the highest level, with 31 companies offering more than 16,500 direct jobs and production chains that have a positive impact on hundreds of small and medium-sized businesses in Costa Rica, generating revenues. exports with very high added value. said Carlos Wong, CEO of Coyol Free Zone.
The publications base their mentions on the advice of leading international juries made up of specialists in the free zones and real estate sectors, with extensive experience in the analysis of foreign direct investments. The evaluation parameters take into account aspects such as human talent, environmental efforts and the quality of the infrastructure.
Resilience and relief from COVID19
The third of the rankings awarded this year to Coyol Free Zone is Investment Monitor, an international publication of communication experts in the real estate and foreign investment sector.
This media named the 2021 Grand Winner business park in its ranking, accrediting it as the most resilient Free Zone in the world in the face of Covid19. In addition, he positioned Coyol Free Zone as the winner in the following areas: environmental sustainability, social and corporate governance, COVID19 relief programs, after-sales support and assistance, as well as digitalization and local impact.
These recognitions show the local impact generated by the free zone, as well as its adaptability which has enabled it to continue to work in complete safety despite the pandemic.
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After the arrival of COVID19 in the country, Coyol Free Zone was able to maintain the 15,000 jobs at its disposal and increase by 1,500 additional new positions for a 10% growth in times of pandemic.
This is precisely one of the main characteristics of the park highlighted by the juries, who appreciate the high degree of specialization and commitment of human resources of Coyol Free Zone and its impacts on education and opportunities for communities.
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