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us$250 Million in Industrial Park
Several Costa Rican businessmen partake in a
us$250-million joint venture for the development
of an industrial park in El Coyol, Alajuela,
west of the Juan Santamaría International
airport.
The facility is expected to host 60 companies –
most of them from abroad and under the tax
exemption free zone program for export
operations – and to provide 30,000 jobs when
fully operational.
The park covers 107 hectares (over 264 acres),
and 10 hectares (24.7 acres) will be dedicated
to a protected area.
According to Coyol Free Zone chairman Andre
Garnier, three companies plan to start
operations at their facility next year.
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