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!
Spanish investment grows in Colombia
Breadcrumb
  1. Home
  2. Information resources
  3. Spanish investment grows in Colombia

Spanish investment grows in Colombia

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

The Central Bank of Colombia reported that Spanish investments totaled US $ 2.154 billion in 2014; an increase of 126% over the previous year when it reached US $ 950 million primarily in the sectors of finance, BPO services, industry, transportation, trade and construction.

According to Gedeth Network, the company specialized in internationalization; the number of Spanish companies in Colombia has doubled in the past two years, from 160 in 2012 to over 400 in 2014. The top brands that decided to settle in the country due to its growing middle class, innovation, purchasing power and consumption include Telefónica, Blu Logistics, Seat, BBVA, Fenosa, Prisa, Axon, Iberostar, Mapfre, Telemark, Meliá and Atento.

"The development of Colombia caused a shift in the profile of the Spanish investor which before established in the country in order to provide services to Spain. Now, it is doing it to harness the Colombian market as a consumer, as well as considering it as an export platform to Europe, the U.S. and Latin America" said Francisco Garzón, delegate of the Spanish Institute for Foreign Trade - ICEX.

According to IE Business School, Colombia has done its job in analyzing other business sources and attracting capital from its industry and services in order to avoid relying solely on exports of mining and energy resources. Today the country is a strategic market for Spanish companies given its integration to the Pacific Alliance and because of its 3-fold growth rates compared to the average seen in Latin America and the Caribbean.

The Spanish Ministry of Foreign Affairs said that the main reason Spanish investors are flocking to Colombia -- aside from the ambitious infrastructure projects set by the Government like 4G highways that that will strengthen road connectivity -- is primarily because of its highly qualified human capital, strategic location and 13 trade agreements already in force, which enable the country to be an export platform towards other duty-free markets.

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