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“Accelerating the drilling program only makes sense given the upside,” said Ari Sussman, CEO of Continental Gold.

"Colombia can’t really afford to turn its nose up at the wealth of resources it has at its disposal," says Paul Harris.

As with the nation at large, most areas of Colombia are struggling to achieve growth. But certain segments and indicators are showing positive signs.

"A good work of art by a good artist not only decorates your house, your office, or your apartment — it’s also an asset," says Alberto Hugo Restrepo of the Aleph gallery.

PharmaCielo is one of the first companies to apply following the August 10 announcement by the government that it is accepting applications.

“Medellín has stood out as a pacesetter, not only in Colombia but in Latin America," said Natalia Martínez-Kalínina of the Cambridge Innovation Center.

"You could say that this is a year of transition, and we are adjusting ourselves to a new reality,” said Juan Carlos González of Yamaha Incolmotos

"Places like this are important for Medellín because they are the starting point for innovation to become the main driver of the city’s economy," said María Fernanda Galeano.

Three rigs are now operating in this 15,000-meter exploration campaign, and two more are planned to join the effort later this year.

The stars of this year's show are the F-16 “Fighting Falcon” jets brought by the United States and the skywriting “Smoke Squadron” of Brazil.