The seventh annual Colombia Investment Summit (CIS), organized by ProColombia, Colombia’s investment national investment promotion agency will take place in Bogotá from Oct.20-26 both in-person and virtually. The event expects over 1,000 participants and more than 300 international companies for three days of academic presentations and business matchmaking with local companies, project owners and government entities.
The summit will also showcase the measures taken to achieve a prompt economic recovery after the pandemic, and the role of foreign investment in propelling it. President Ivan Duque will be among the keynote speakers.
The hybrid event will showcase the country’s strategic advantages and opportunities for foreign companies looking to invest in Colombia.
“Since August 2018 and up to August of 2021, ProColombia has supported the arrival of 598 investment projects for US $25,4 billion, which have resulted in over 265,000 new jobs. This event is a great opportunity to continue positioning Colombia as the ideal investment destination in the region, increase these numbers and contribute to the recovery of our economy,” said Flavia Santoro (above), president of ProColombia.
Colombia currently has 17 free trade agreements with 65 countries including the United States, Canada, the European Union, with the potential to reach 1.5 billion consumers.
During this year’s summit, the country will present 140 investment projects with a combined value of $7.5 billion USD, across key sectors such as infrastructure, manufacturing, and technology as well as other opportunities in a sustainable ecosystem.
ProColombia claims that in previous editions, the CIS has impacted more than 400 investors and generated over 1,000 appointments. The platform has attracted participants such as former President Bill Clinton, Secretary General of the World Tourism Organization, Zurab Pololikashvili and former President of the Inter-American Development Bank, Luis Alberto Moreno.