Foreign Direct Investment Record Achieved in Colombia
What can be seen from the Central Bank's consolidated figures is that from the total gathered by the country, 53.3% was attributed towards productive sectors, in other words, employment generators.
This percentage was divided as follows: manufacturing industry (15.9%), transportation and communications (10.4%), commerce, restaurants, and hotels (9.4%), and financial institutions (9.4%), among others.
The past three years have witnessed an evolution of this trend. In 2010, 33% (US$2.206 billion) was directed to the manufacturing, services and transportation sectors, among others, and 67% (US$4.540 billion) went towards mining and oil.
In 2011, the proportion was 44% (5.889 billion) for employment generating sectors and 56% (US$7.516 billion) for mining and oil.
In 2012, of the total FDI, which entered the country, 51% (US$7.946 billion) went towards productive sectors and 49% (US$7.705 billion) went to mining and oil.
Political and legal stability, economic growth potential and the opportunities in all the country's regions are the principal aspects that attract foreign investors to Colombia when selecting it as the ideal destination for their business expansion projects.
This perception is also reflected in international reports. In 2013 the country was selected as the second best future investment destination during the first edition of the FDI Awards.
Similarly, the United Nations Conference on Trade and Development (UNCTAD), ranked Colombia among the 18 economies which receive the most global investment and the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) highlighted it as the country that receives the third highest capital investment in Latin America.
