Investment opportunities in Colombia: Andean Region
Andean Region, one of the greatest regions of Colombia
The Andean region is part of the six natural regions that Colombia has. It is located in the center of the country and has great geographical biodiversity because it is where the three Andean mountain ranges pass through.
Its main characteristics include the variety of climates and vegetation, its economic activities, and being a focus destination for Colombian tourism. Also, it has important cities such as Bogota, the capital of the country.
For all these reasons, it is one of the regions that can offer more benefits to current investors or those who are thinking of settling in Colombia.
Investment opportunities that can be found in this region
The central zone
The central zone of this region is one of Colombia’s industrial poles focused on innovation, offering a high-quality life at a low cost. It is also well-known for the Coffee Cultural Landscape and successful touristic technology. That's why it is one of the most visited destinations in the country.
It offers a variety of investment opportunities, such as 4.0 Industries, related to the development of software and information technologies. The labor force is trained in technical programs and engineering, providing the perfect chance for outsourced services.
The Andean Region offers excellent investment opportunities on many sectors, from 4.0 to agro-industrial clusters.
Also, this zone stands out for its agro-industrial potential, mainly in the production of cocoa, coffee, cereals, and some fruits and vegetables. It is characterized by its high coffee production and its wide availability of hectares with a high and medium aptitude for cocoa, Hass avocado crops, and berries.
There are also investment opportunities in the auto parts sector, for the assembly of vehicle parts and accessories. The zone has the Center for Innovation and Technological Development of Manufacturing and Metalworking, made up of companies that produce auto parts and motorcycle parts.
The eastern zone
The eastern zone has a lot of investment opportunities because it is one of the most productive ones of Colombia and stands out for its agro-industrial potential, tourism infrastructure, and centers of highly complex health services.
It has a bright future for agro-industrial production, specifically for oils and fats, cocoa, dairy products, and meat. The zone has been characterized for being the main producer of red palm oil, palm fruit, palm kernel, among others. Also, livestock is the main economic activity, reflected in the highest national exports.
Infrastructure also stands out as an alternative to attract investors, especially for ecotourism. The provision of highly complex health services emerges as an interesting opportunity in the region due to the competitiveness in costs of treatments, surgeries, and the development of an advanced health cluster with the presence of multinational companies and high-quality professionals.
This part of the region offers a wide range of goods for supplying construction materials to the domestic and continent markets, specifically ceramics, clay, stone, and glass. The country's geographic position also favors the infrastructure and construction sectors.
Bogota, the capital of Colombia
View of Bogota, at the back you can see the mountains surrounding the city.
Bogota is the economic, cultural, and administrative center of Colombia. Due to its strategic location, political stability, and great economic development, is the ideal gateway for the Latin American market. It has a strong and diversified economy which makes it the perfect fit for investment.
Besides that, this city represents 32% of the country's corporations, 56% of its financial transactions, and is home to highly qualified people. That’s why the number of companies with foreign capital that have decided to start operations in Bogota, doubled in the last decade. For example, in 2018 more than 1,500 companies were located in the city.
Some of the sectors with the largest investment opportunities are technology-based services, Business Process Outsourcing (BPO), creative and cultural industries, cosmetics and personal care markets, and healthcare services. The reasons to invest in these sectors are the abundance of trained professionals, top-quality technological infrastructure, market dynamism, government support, and the expansion of foreign companies that invest in Colombia.
The regions of Colombia are a great choice when investing because they offer options that adapt to the needs of your business. We invite you to learn more about the Andean Region and its investment offers.