Investment in Colombia News
The Central Bank of Colombia reported that during 2013 Colombia received an unparalleled figure of an 8% increase vs. the previous year in Foreign Direct Investment (FDI), which summed up 4.5% of its GDP. With its tremendous growth, the country was ranked as the second best future investment destination in the first edition of the FDI Awards.
According to InfoMoney Magazine in Brazil, Colombia’s GDP has been growing at a greater rate than Brazil’s. As explained by the magazine, Colombia’s specific case is meaningful in view of the tough economic challenges it has had to go through, but which have now been surmounted, and has been able to position itself as one of the most promising economies in Latin America.
The 12th Latin American Leadership Forum on Infrastructure will be held at the Cartagena Convention Center from June 10 to 12, 2014. The Forum is the main infrastructure market that has been designed to provide access to more than 500 high-level executives from sectors such as construction technology, engineering, investors and lenders. There will also be decision-makers present from the public sector, multilateral development banks and Latin American project promoters.
Following a report by Banco de la República, American companies in Colombia increased their investments to 2.981 billion dollars, which represents 17.8 percent of the total Foreign Direct Investment (FDI), which reached 16.772 billion dollars.