Investment in Colombia News
According to an article by the Spanish newspaper La Vanguardia, Colombia is the only Latin American economy expected to grow more in 2014 compared to the previous year. The country is well known as a source of oil and minerals with a growing manufacturing sector.
According to the Ministry of Trade, Industry and Tourism of Colombia, the agreement will promote and attract investments from Japan into the country. Japan is a target for Colombia’s commercial aspirations, considering that it is one of the major economies in the world, and the country is a beacon of growth and technological and economic development.
According to the 2014 Urban Investment Attraction Index (Indice de Atractividad de Inversiones Urbanas, INAI), a survey by the Del Rosario University’s Competitive Strategy Planning Center (Centro de Pensamiento en Estrategias Competitivas, Cepec) and Chilean firm Inteligencia de Negocios, state that Bogota, Cali, and Medellin are among the cities offering the best advantages for international investment in Latin America. Political stability, the country's macro-economic status and labor conditions, among other factors, helped position these Colombian cities in the ranking.