Skip to main content
ubicacion

Welcome, you are in INVEST IN COLOMBIA

Welcome, you are in INVEST IN COLOMBIA

Marca pais y procolombia
  • Why Colombia
  • Sectors to invest
    • Agribusiness and food
      • Processed food
      • Cocoa and its derivatives
      • Forestry
      • Fruits and vegetables
    • Energy
      • Renewable energy
      • Green Hydrogen
    • Healthcare and life sciences
      • Cosmetics and Personal Care
      • Pharmaceutical
    • Infrastructure
      • Social infrastructure
      • Water and Sanitation
    • Manufacturing
      • Aeronautical
      • Naval
      • Automotive
      • Building materials
    • IT and Creative industries
      • Audiovisual
      • Data centers
      • Service outsourcing - BPO
      • Shared service centers
      • Software & IT
    • Other sectors
      • Agrochemicals
      • Hospitality and tourism infrastructure
      • Logistics
      • Fashion industry
  • How to Invest
    • 1. Foreign investment protection
    • 2. Exchange regime
    • 3. Corporate affairs
    • 4. Foreign trade
    • 5. Labor regime
    • 6. Immigration Regime
    • 7. Tax regime
    • 8. Environmental regime
    • 9. Energy market
    • 10. Intellectual property
    • 11. Real state
    • 12. State contracting
    • 13. Accounting regime
    • Free Trade Zone Regime
    • Incentives to Invest in Colombia
  • Resources
    • Investor support
    • Top investment opportunities
      • Investor
      • Colombian companies
    • Service Directory
    • Information resources
    • Site selection
  • Contact
en
  • en
Buscar
Sign in
  • Sign in
  • Create account
Invest
now!
Castem from Japan will open in Colombia its first factory outside of Asia
Breadcrumb
  1. Home
  2. Information resources
  3. Castem from Japan will open in Colombia its first factory outside of Asia

Castem from Japan will open in Colombia its first factory outside of Asia

Share
  • Twitter
  • Facebook
  • Linked in
30 of April of 2015

High precision Japanese machinery used in the automotive and construction industry as well as in medical devices will begin operations in Colombia later this year to serve the domestic market as well as export to Mexico and the United States.

CASTEM the Japanese company specializing in casting precision tools, will invest US $ 4.2 million in building the factory.

This company already has locations in the Philippines and Thailand, and the factory in Colombia will become the first outside Asia.

The plant will be located west of Bogota, taking advantage of the benefits and incentives offered by the free trade zone regime in the country.

It will generate 50 new jobs and will export leveraging its existing trade agreements with the U.S. and Mexico.

ProColombia provided guidance during the investment process following the visit of the Japanese Prime Minister Shinzo Abe to Colombia, held in July last year.

At that time, the company received personalized information on the sector as well as the investment opportunities in the Colombian market.

"In addition to generating quality jobs, this investment will facilitate technology transfer to the precision tool industry as well as innovation and knowhow from Japan; Colombia’s first Asian investor" said the president of ProColombia, Maria Claudia Lacouture.

CASTEM’s president stated that the main reason to settle in Colombia was the quality of the workforce and the availability of skilled technicians in the field of metallurgy.

Other documents

06 of March of 2025
news
Eight successful Colombian cities are considered Cities of the Future
09 of July of 2024
Banner
Discover the advantages of investing in tourism infrastructure in Colombia
20 of June of 2024
Legal Guide 2024
Legal Guide 2024
13 of January of 2023
Cosmetics Industry.
Colombian cosmetics industry and their commitment to sustainability
13 of December of 2022
Modernizing the production plants in Colombia.
Foreign companies invest in modernizing and expanding their production plants in Colombia
24 of November of 2022
Sustainability projects in Colombia.
Alternative projects and initiatives around sustainability in Colombia

Image CAPTCHA
Get new captcha!
Enter the characters shown in the image.

  • Ministerio de cultura y comercio
  • ATTENTION LINES

  • 28th Street No 13A - 15 35-36th Floor
  • Bogotá - Colombia
  • +57 601 5600100
  • Fax: +57 601 5600104
  • Mon - Fri 8:30 A.M. - 5:30 P.M
  • icon-facebook
  • icon-linkedin
  • icon-instagram
  • icon-youtube

OUR AXES

  • ProColombia
  • Invest
  • Trade
  • Travel
  • Country Brand

LINKS OF INTEREST

  • Citizen Services
  • Sustainability Reports
  • FAQs
  • PQRFS
  • Contact
Copyright © 2024. Terms and Conditions - Read about the changes to our Treatment and Privacy Policy