More Industrial Parks Planned in Costa Rica

Four developments are in process of obtaining official and environmental permits, and could begin construction in mid-2014 or early 2015.

Monday, August 19, 2013

Elfinancierocr.com reports: "One will be called Green Park and will be located in San Jose, Alajuela, another will be named Tech Park and will be in the district of Ulloa de Heredia, a third will operate as Life Free Zone & Business Park in El Coyol in Alejuela, and a fourth, called Lindora Park business park, will be located in Pozos de Santa Ana ".

Green Park is led by Grupo Desarrollador de Parques Industriales S. A. and its investment will come from a Salvadoran business group, said its lawyer Ricardo Vargas. The second project, Life Free Zone & Business Park, is being backed by the firm Cuestamoras Sector Inmobiliario and is being developed in partnership with Garnier & Garnier.

The park is planned to be installed on a piece of land measuring 50 hectares and will be implemented in eight stages over a period of 10 years. Plans are to start during the second quarter of next year and the investment amount is approximately $5 million.



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Costa Rica: $15 million Manufacturing Plant

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The high-tech company Microtechnologies has announced the construction of a new 9,500 square meter manufacturing plant in an industrial park in Coyol, Alajuela.

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Financing Sought for Technology Park

April 2013

Green Valley Business and Tecnology Park will be built on 230 hectares of land in Costa Rica, designed to accommodate high-tech companies.

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New Free Zone in Panama

August 2012

The Panamanian government has authorizing the establishment of Zona Franca Parque Industrial y Corporativo Sur, S.A. (Parque Sur), east of Panama City, with an investment of $8.2 million.

A statement from the Presidency of Panama reads:

The cabinet has given approval for the establishment of a free zone in the eastern sector of the capital.

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