Free Trade Zones in Grecia: Work & Development

Previously the area of ​​Grecia was known for the sale of cars. Nowadays, this is still popular in the area, but also this beautiful part of Alajuela has taken great steps of development hand in hand with the free trade zones that it has within it. There are currently two free trade zones in Grecia, and the third is under construction to open its doors in 2021.

More Jobs: One of the greatest economic benefits of a free trade zone anywhere is that it generates a lot of good quality jobs. This is because most of the companies that are attracted to these areas are trans-nationals. Therefore, they offer job opportunities above the minimum wage, with insurance and many other benefits for their employees. Although they have specific very requirements, this can help raise the quality of education in the area.

Better Quality of Education – By having more high demand jobs, the inhabitants of the area have more opportunities but more requirements to meet. Hence, the level and quality of education of the people of Grecia is going to be positively affected. Because now they will have to meet a higher standard in order to acquire the new job opportunities offered by the free trade zone jobs.

More Investment / Development Interest – A free trade zone is a place of interest for transnational companies due to the benefits it has for them. Also, since these companies are in the area, they attract the attention of other companies that provide services. Due to all the benefits we mentioned previously. Since there is more work, more money, a better quality of life, many businesses will want to be in this nutty area with great potential.

Quality of Life – By having more people in the area working under better working conditions, better salary, greater possibility of growth, and so on, then the quality of life in the area goes up. This socioeconomic benefit goes hand in hand with attracting investment to the area. This will increase the number of companies and businesses that will begin to open in the area, providing more amenities and variety for the inhabitants.

Parque Activa was the first mixed-use industrial park in this western area outside the GAM. With a size of 79 hectares and just 20 minutes from the Juan Santa María airport. It started operations in March 2019 and handles exports of aluminum, glass, tropical and recycled woods, and prefabricated window systems. All with companies that have been established within the area.

This development is also of mixed use and is located in an area of ​​great current development: on Route 1 SJ – San Ramón. This new area is estimated to provide around 7,000 jobs and has all the needs to attract large transnational companies.

Code Development group announced early last year that it would be starting the project for a new free zone in Greece. This already has the permits from the local municipality, and it is expected that at the end of the development stage and when it is at its full capacity, it can generate around 20,000 jobs. The directors of the El Coyol Free Trade Zone ensure that the West has the necessary human talent and a sustainable community to start this excellent project.

Previously the area of ​​Grecia was only known for the sale of cars, but now it has developed exponentially in the last 4 years with the help of the free trade zones. These, by starting to generate jobs and raise the standard of living in the area, will be the key for Grecia to soon become a developed city and an incredible area to live in.