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!
German business persons highlight Colombia as an investment destination
Breadcrumb
  1. Home
  2. Information resources
  3. German business persons highlight Colombia as an investment destination

German business persons highlight Colombia as an investment destination

Share
  • Twitter
  • Facebook
  • Linked in
18 of October of 2012

German business persons who attendedthe Latin American Journeys in Maguncia, Germany, highlighted Colombia as one of the most important destinations for investment thanks to the growth in its economy, and called on other companies to set eyes on the country.

Such was manifested during the event in which PROCOLOMBIA presented the options the country has to offer regarding investment before more than 200 attending business persons, in an event that took place in alliance with Latainamerika Verein and the Colombian Embassy in Germany.

“Colombia is everyday more on the business persons’ focus. It’s a thriving economy postioned as an important axis of economy in Latin America” said Daniel Fernández, South America’s Siemens CEO, who last year decided to expand its facilities for electrical motors assembly on Bogota’s outskirts with an invesment of US$ 1 million.

According to PROCOLOMBIA, the investment opportnities German companies have in Colombia are in sectors such as agro-industry (mainly processed foods); software and IT; coal, oil and gas; textiles; automotive and automobile parts.

“Europe is at a moment of crisis whilst countries such as Colombia are in need of improving their infrastructure. It’s time ot come to Colombia”, said in turn Matthias Reiser, Küehne & Nagel S.A. director for Colombia and Ecuador.

According to data from the National Bank, German investment in Colombia rose between 2003 to 1Q 2013 up to US$ 113 million, with a 60% of german capital concentrated in transport, automotive assembly, machinery and industrial equipment, and textiles.

“Colombia is much better than its reputation. Invest now”, was Daimler Colombia’s CEO, Mathias Held’s message, having inaugurated its first bus and mega bus assembly plant in Colombia this year, on southern Bogotá.

Several international studies have highlighted Colombia’s strengths as an investment destination. For example, J. P. Morgan rated the country as the second most compelling to invest in Latin America, and Bloomberg Market periodical publication incuded it within the list of most promising emerging economies, above Mexico and Brazil, while the World Bank’s Doing Business graded it as the third most amicable country for business in the region.

Other documents

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
21 of November of 2022
Investing in commercial real estate in Colombia.
Commercial real estate in Colombia: A strong investment alternative

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