The study revealed that 66% of the surveyed businesspeople were optimistic regarding the operations of their companies in Colombia, while 30% feel the same in respect to the performance of the economy in general.
During 2019, Invest in Bogota (IIB), the city of Bogotá's investment promotion agency, supported 48 greenfield Foreign Direct Investment projects, its highest number for a calendar year since its institution in 2006.
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Foreign Direct Investment (FDI) in sectors other than those of mines and energy, between January and August, registered an increase of 11.4%, according to Colombia’s Banco de la República (Bank of the Republic), going from $1.4 billion USD the same period last year to $1.564...
For nearly 25 years, ProColombia has been promoting business in and outside of Colombia. Formerly known as Proexport, the government agency rebranded in 2014 to better align itself with the larger mission. “As a result of the progressive increase of its functions, its...
While the uptick provided much needed revenue for the government, the news isn't so positive outside of the one $2 billion sale of a state-owned utility.