Country is one of the most attractive for investments in Latin America
Colombia has been highlighted in studies and international benchmarks as a strong country to do business. After the financial crisis, capital flows to emerging economies had an overall increase, and Colombia has become the principal venue for global investors.
Among the main reasons to invest in the country, five deserve further emphasis:
Local and international platform. In 2014, Colombia has 13 Free Trade Agreements (FTAs) with 48 countries, achieving preferential access to over 1.5 billion consumers. There are also 18 international investment agreements (IIA) with 50 countries and 16 to prevent double taxation agreements (DTA) with 18 countries.
Internal market attractive. Colombia is the twenty-eighth largest economy in the world and fourth in Latin America considering the Purchasing Power Parity (PPP). It is the third country with the largest population in Latin America (twenty-fourth has the world's population and is the second largest country that speaks Spanish).
External sector dynamic and growing. In 2011, Colombia was the fifth country in the world where the fastest growing Foreign Direct Investment (FDI), reaching 13.2 billion dollars. According to stock exchange of the Bank of the Republic, FDI in the first half of 2012 already totals $ 9.3 billion, which represents 70% of the total last year.
Availability of skilled labor. Colombia is the second largest country with the availability of skilled labor, with labor relations more effective and less difficult business activities in the region, according to the IMD (Institute for Management Development) in 2010. In addition, Colombia has the most productive workforce in South America, according to the report of PricewaterhouseCoopers, 2009.
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Commitment to the environment. According to Yale University, Colombia is the tenth country in the world and first in the region that protects the environment.
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Five reasons to invest in Colombia
Reviewed by Destinos para Viajantes
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8/08/2012 04:42:00 AM
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