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La Lima Industrial Park Growth Facility

Sector: Manufacturing (Industrial) • Location: Costa Rica

Source: Inter-American Development Bank (IADB)

Project
Proposed

The project consists of providing a revolving loan of US$5 million, with a 60-month term, to Zona Franca La Lima (ZFLL), the only industrial park operating under the Free Trade Zone Regime in the province of Cartago, Costa Rica. The structure offers a longer tenor than local revolving credit lines and provides flexibility in the use of funds, which will be allocated to the purchase of land, the de

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The project “La Lima Industrial Park Growth Facility” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Costa Rica. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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proposed

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Description

Description

The project consists of providing a revolving loan of US$5 million, with a 60-month term, to Zona Franca La Lima (ZFLL), the only industrial park operating under the Free Trade Zone Regime in the province of Cartago, Costa Rica. The structure offers a longer tenor than local revolving credit lines and provides flexibility in the use of funds, which will be allocated to the purchase of land, the development of shared services areas in multi-tenant buildings, and the development of common areas to complete the infrastructure of the lots and properties to be built.Strategically located in Cartago, ZFLL has more than 257,000 m² of developed space and hosts leading companies in advanced manufacturing, medical devices, and services. The main objective of the financing is to support the expansion and modernization of the park, leveraging the projected growth in job creation and attraction of foreign direct investment, under principles of sustainability, operational efficiency, and inclusion.

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High

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