Evolution Free Zone has been recognized as ‘Highly Commended: Americas Rising Star’ for the Second Year in a Row by fDi Intelligence

October 2024. fDi Intelligence, a prestigious publication from the Financial Times Group, has granted Evolution Free Zone the ‘Highly Commended: Americas Rising Star’ title for 2024 as part of its Global Free Zones of the Year awards. This recognition strengthens our positioning as the fastest-growing business ecosystem in the country, renowned for driving development, transformation, growth, and new opportunities for both the companies established in the Park and the surrounding communities in the Western Region of Alajuela, Costa Rica. 

Since the start of our construction phase nearly two years ago, CODE Development Group, with over 20 years of experience in developing and managing industrial parks and Free Trade Zones in Costa Rica, has been dedicated to transforming our premises into a cutting-edge High-Tech Business Park, attracting leading companies in industries such as medical devices, smart manufacturing, and semiconductors. 

We are honored to have already achieved several key construction milestones for the state-of-the-art facilities being developed for six prestigious companies that have announced their operations in our Park. Spanning over 124 hectares, we provide ample space for companies’ long-term growth, ensuring their needs are met in an environment designed for success. This space enables businesses to seamlessly scale up while embedding themselves in a resilient ecosystem. 

At the core of this mission is also the commitment to foster social progress, providing development opportunities for Costa Rica’s highly skilled workforce. The Park’s dedication to elevate local talent ensures that both companies and communities thrive together, creating a sustainable and mutually beneficial ecosystem.  

Evolution Free Zone serves as a catalyst for economic growth by generating quality employment and fostering strategic linkages. Companies within the Park are projected to create 20,000 quality direct jobs over the next 15 years, benefiting regions beyond the Greater Metropolitan Area, including Sarchí, Zarcero, Poás, Naranjo, Palmares, San Ramón, Atenas, and Grecia. This extends the Free Zone’s impact far beyond its immediate location 

This recognition embodies the qualities of a top-tier Free Zone, offering the best environment for operations, business growth, and economic development. Our strategic location in Alajuela, Costa Rica, provides companies with proximity to key transportation routes and industrial hubs, further enhancing our appeal. Our Park provides direct access to National Route 1 and is located just 30 minutes from Juan Santamaría International Airport and 15 minutes from the principal cities. 

With a combination of local talent, cutting-edge infrastructure, and a focus on sustainable growth, our Park offers companies the ideal environment to scale and succeed, positioning Evolution Free Zone as a prime location for business expansion.  

“We are immensely proud to receive this prestigious recognition for the second year in a row. Being ‘Highly Commanded: Americas Rising Star’ of 2024 does affirm our efforts to showcase our value proposition to international stakeholders. This is also evidence for global companies that Evolution Free Zone is their strategic partner in Costa Rica” said Carlos Wong, Managing Director of CODE Development Group.  

If your company seeks to join an ecosystem that prioritizes quality, technological innovation, world-class infrastructure and a highly skilled workforce, we invite you to reach out to us here. 

About fDI 

fDi Intelligence is a leading platform offering comprehensive services related to Foreign Direct Investment. Its annual Global Free Zones of the Year awards recognize the top Free Zones worldwide, with categories including “Excellence Awards”, “Rising Star,” and others.