Why Invest In Colombia

¿WHY INVEST IN COLOMBIA?

These eyes see to Colombia as a country with immense wealth, a dynamic economy and a large population. Therefore, some of the reasons why this is an own country for the investment, were highlighted by Proexport, for entrepreneurs of other countries are attracted for the stability and security that can be found the country.

- Per capita GDP “Gross Domestic Product” has doubled in the last decade, from U.S. $ 5,826 in 2000 to U.S. $ 10,350 in 2012.

- Colombia is the 23rd country with the largest populations in the world population and the second most numerous Spanish-speaking.

- The country is exporting to 181 countries, with more than 9,700 enterprises. Addition it has a strong international integration with eight free trade agreements in force, three signed and five in the negotiation process, allowing you to have preferred access to a market of more than 1,500 million consumers

- There is a technological infrastructure supported five submarine cables, and optical fiber ring inside that connects 300 municipalities in the country. Easy access to global markets, thanks to an exceptional geographic location and logistics infrastructure developed.

- Colombia has a wide range of zones, with more than 100 authorized, between permanent and special permanent areas.

RECOGNITIONS

- Colombia was recognized by the Doing Business 2013 World Bank as the third most business friendly to the top reformer in Latin America. by

- Recently, Standard and Poor's (S & P) upgraded the debt rating, which means that the country has an upper-medium grade, subject to low credit risk.

- Similarly, Fitch Ratings revised the outlook on the sovereign rating to positive from stable Colombia.

THE COUNTRY CAN GET MORE OUT OF THE FTA (Free Trade Agreement)

During the first year of the implementation of FTA, 635 companies entered the U.S. markets and from Colombia were exported 131 new products. In this first phase, as expected, greater impact identified some sectors over others.

This is the case of the increase in exports in vehicles and parts increased by 116.6 percent, cosmetics and grooming in 45.7%, wood and cork increased by 25.5%, while the 83.5% fell into home appliances , agribusiness 14.9% relative to the periods between May and February 2012 and the same in 2013.

According to Proexport fastest growing products were sugars and honeys with 58.7%, confectionery 36% and 31% processed sea.

This period has permitted to inspect the market ecosystem and the challenges that must be overcome to respond adequately to the demands in terms of productivity. The infrastructure, the use of customs and posts, sanitary and phytosanitary measures, the short supply list and accumulation of origin for trade facilitation. While in competitiveness should be enhanced energy costs and gas, infrastructure, bilingualism, innovation, and technology.

In order to establish the scope and measures of care for the domestic economy, this May 7, Week, Proexport, the Achievement Office of the FTA, and the Ministry of Commerce, Industry and Tourism, held the forum "A year of the FTA with the United States: challenges and Opportunities ".

In addition, the meeting which aims to establish what good business practices and state for the use of tried and provide for the consensus between the government and the business sector to establish a road map to ensure positive results in the Colombian economy.

NAFTA'S FIRST YEAR IN NUMBERS:

- With the implementation of the Free Trade Colombia companies exported 635 for the first time to the U.S. and 131 new products were exported to that country.

- The products had the greatest impact were the sugar and molasses (58.7%), confectionery

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