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"They’re still a bit far from investing what a U.S. company invests in the area of denial of service," says Felipe Gómez of Level 3.

The Mumbai-based Essel Propack says that its new facility will double its capacity in Colombia while allowing it to manufacture another 180 million packaging tubes per year.

Colombia will reduce the gap in access to potable water, basic sanitation and electricity services along its Pacific coast with the assistance of a $231.4 loan from the Inter-American Development Bank (IDB). The Pacific coastal region has a population of 1.6 million people, about...