facebook
linkedin
twitter
About Us
  • BFSI
  • Energy
  • Infocom
  • Mining
  • Venture
  • Industry
  • Travel
  • Civic
  • Food, Health, Ag
  • Real Estate
  • Responsibility
  • Economy
  • Law & Justice
  • Interview
  • Analysis
Flavia Santoro, president of ProColombia.

Despite Coronavirus Pandemic, Colombia Still Expects 45 New Foreign Investment Projects From 21 Countries

Posted On May 18, 2020
By : Loren Moss
Comment: 0
Tag: antioquia, atlantico, bogotá, bolivar, coronavirus, covid-19, cundinamarca, Flavia Santoro, foreign direct investment, investment promotion agency, magdalena, pandemic, procolombia, risaralda, Tolima, valle

According to Colombia’s investment promotion agency ProColombia, despite the Coronavirus COVID-19 Pandemic, the Andean country reports 45 new non-mining energy foreign investment projects involving the agency between January and April 2020.

ProColombia announced new investments from 21 countries totalling $1.477 billion USD generating 17,000 new jobs.

“Business continues, that has been the slogan of our operation that has migrated to virtual environments to continue advising potential investors and businessmen in the world and who today have materialized that interest in Colombia. We are announcing the arrival of 45 new projects in the country managed by ProColombia in the first four months of the year, and which, according to the businessmen, they estimate to generate 17,000 new jobs, with contributions in technology, technology transfer and development in the different regions where they have been established,” said Flavia Santoro, president of ProColombia.

18% of the projects went to the BPO and shared service center segments, 11% to the development of renewable energies, 8% to initiatives in the pharmaceutical sector, 6% to software and IT, 10% to metalworking, 3 % to agribusiness, 5% to investment funds, 16% to retail, and 23% to other sectors.

Of the total projects, 20% correspond to greenfield investments or companies that had no previous presence in Colombia, and 80% to new investments by multinational companies established in the country.

Between January and April 2019, ProColombia promoted the arrival of 45 foreign investment initiatives, so the result of the current year also of 45 projects, shows that, by avoiding the difficulties associated with the presence of the coronavirus, the implementation of new strategies With virtual tools such as seminars, webinars and Shark Tank-type formats, called ProColombia Pitch Sessions, they have worked successfully in order to maintain the promotion of investment attraction in the country.

According to Santoro, the projects are landing in the following Colombian departments:

  • 22 Bogotá
  • 6 Antioquia
  • 1 Bolívar
  • 1 Tolima
  • 3 Valle
  • 3 Atlántico
  • 6 Cundinamarca
  • 1 Risaralda
  • 2 Magdalena

The initiatives come from 21 countries including:

  • 10 United States
  • 2 Germany
  • 2 Argentina
  • 3 China
  • 4 Spain
  • 4 United Kingdom
  • 1 Ireland
  • 1 Costa Rica
  • 1 Panama
  • 4 Australia
  • 1 Singapore
  • 1 India
  • 1 Israel
  • 1 Guatemala
  • 1 South Korea
  • 1 Canada
  • 2 Venezuela
  • 1 Chile
  • 1 Thailand
  • 1 Japan
  • 1 Mexico
DON'T MISS OUT: The only English-language Colombia news that's strictly business, markets, & investment!
Join global executives & investors by subscribing to our FREE weekly updates
I agree to have my personal information transferred to MailChimp ( more information ) DISCLAIMER: Protección de Datos Personales Artículo 15 de la Constitución Política de Colombia, ley 1581 de 2012 y decreto 1377 de 2013.
We will never spam you or share your email address ¡Nunca Jamás!

Share the news!

  • Facebook
  • Twitter
  • Print
  • WhatsApp
  • LinkedIn
  • Skype

Related

Share your thoughts:

comments

About the Author
Loren Moss is the founder and publisher of Finance Colombia. He has over 20 years of international business experience, including over a decade of experience in securities, insurance, and commercial real estate, at the institutional and international level.
  • google-share
Previous Story

JC Decaux Wins 15-Year Bogotá Outdoor Advertising & Information Contract

Next Story

Colombia’s Science Minister Announces $64 Million USD Funding For 88 Regional Biology Laboratories

Related Posts

The World’s 50 Best Restaurants today reveals Leonor Espinosa of Leo, Bogotá, as the 2022 winner of The World’s Best Female Chef Award, sponsored by Nude Glass
0

Colombian Leonor Espinosa Named “World’s Best Female Chef”

Posted On May 18, 2022
, By Loren Moss
Grand Bahamas photo © Loren Moss
0

Bahamas Seeks Air Connectivity With Colombia

Posted On May 18, 2022
, By Loren Moss
Colombia’s attorney general charged Russian national Sergein Vagin and six other people
0

Alleged Russian Spy Charged…With Running A Gambling Mafia

Posted On April 12, 2022
, By Loren Moss

You must log in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.





Search

RECENT

POPULAR

COMMENTS

The World’s 50 Best Restaurants today reveals Leonor Espinosa of Leo, Bogotá, as the 2022 winner of The World’s Best Female Chef Award, sponsored by Nude Glass

Colombian Leonor Espinosa Named "World's Best Female Chef"

Posted On May 18, 2022
Grand Bahamas photo © Loren Moss

Bahamas Seeks Air Connectivity With Colombia

Posted On May 18, 2022
Roberto Kriete, avianca's main shareholder and chairman of the Board of Directors.

Shareholders Of Viva, Avianca & Gol Announce The Creation Of Abra Group To Dominate South American Skies

Posted On May 11, 2022
Colombia’s attorney general charged Russian national Sergein Vagin and six other people

Alleged Russian Spy Charged…With Running A Gambling Mafia

Posted On April 12, 2022

Viva Launches Nonstop Routes To Buenos Aires, Argentina From Medellín & Bogotá, Colombia

Posted On April 12, 2022

Romanian Cybercriminal Mihai Ionut Paunescu Captured In Colombia

Posted On June 29, 2021
Photo montage courtesy EPM

EPM’s Board of Directors Resign En Masse, Creating Crisis For Mayor Daniel Quintero

Posted On August 17, 2020

Court Blocks Colombia’s $370 Million USD Emergency Loan To Bankrupt Avianca Airlines

Posted On September 12, 2020

Deadly Riots & Protests Against Police Brutality Break Out Across Colombia

Posted On September 10, 2020

AVIANCA IS BANKRUPT

Posted On May 10, 2020

[…] damn what she said. She and...

Posted On April 4, 2022

[…] by short sellers seeking to...

Posted On March 22, 2022

[…] no longer travel freely...

Posted On March 8, 2022

[…] Duque’s administration will...

Posted On March 8, 2022

[…] See also: 13 Police Injured In...

Posted On March 3, 2022

Watch This!

Consider Advertising With Us

Click here to visit Expat Group's English site

Subscribe Free

don't forget to include "http://"
* = required field
Your Background / Function








unsubscribe from list

RECENT

POPULAR

COMMENTS

The World’s 50 Best Restaurants today reveals Leonor Espinosa of Leo, Bogotá, as the 2022 winner of The World’s Best Female Chef Award, sponsored by Nude Glass

Colombian Leonor Espinosa Named "World's Best Female Chef"

Posted On May 18, 2022
Grand Bahamas photo © Loren Moss

Bahamas Seeks Air Connectivity With Colombia

Posted On May 18, 2022
Roberto Kriete, avianca's main shareholder and chairman of the Board of Directors.

Shareholders Of Viva, Avianca & Gol Announce The Creation Of Abra Group To Dominate South American Skies

Posted On May 11, 2022

Romanian Cybercriminal Mihai Ionut Paunescu Captured In Colombia

Posted On June 29, 2021
Photo montage courtesy EPM

EPM’s Board of Directors Resign En Masse, Creating Crisis For Mayor Daniel Quintero

Posted On August 17, 2020

Deadly Riots & Protests Against Police Brutality Break Out Across Colombia

Posted On September 10, 2020

[…] damn what she said. She and...

Posted On April 4, 2022

[…] by short sellers seeking to...

Posted On March 22, 2022

[…] no longer travel freely...

Posted On March 8, 2022

Watch This!

Contact Us (Click the image):

Pages

  • About Us
  • Colombia Events, Conferences, Festivals and Important Dates
  • Contact Us
  • main
  • Media Partnerships
  • Privacy Policy
  • Search Results
  • Whatsapp test page
Copyright 2014-2020 Finance Colombia All Rights Reserved. We may earn commissions from qualifying purchases.
Posting....
WhatsApp us