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Course contents (Business in America)
- Doing business in Colombia.
- Colombian economy. Foreign trade.
- Business opportunities.
- Invest in Colombia. Foreign Direct Investment FDI.
- Doing business in Bogota.
- Colombian companies.
Summary
Doing Business in Colombia: economy growth and the political and economic stability. Business opportunities. Foreign Direct Investment FDI
Some of the most important publications of the world such as the New York
Times or The Guardian, have given special attention to the new image Colombia
is projecting to the world.
This shift of perception is based on true facts such as the economy growth
and the political and economic stability of the country added to the
improvement in the security levels, and has produced a positive reaction on the
image the Country portrays all over the world.
Colombia is one of the most stable economies in Latin America, as
shown by its above average steady economic growth that last year reached 6.8%.
Macroeconomic indices also reflect the country’s stability. The inflation rate
has been substantially reduced over the last few years to reach 4.5%.
Foreign debt has been reduced by more than 20% of the GDP in the past few years.
Colombia is known as the Latin American oldest and most stable democracy.
According to the World Competitiveness Yearbook, Colombia ranks number-one
in the Latin American region in terms of consistent and transparent government
policies.
Colombia is strategically located at a middle point between North and South
America. Colombia is in the same time zone as the East
Coast of the
United States which is an advantage compared to other
countries as it facilitates Call-Center activities and Business Process
Outsourcing (BPO) from Colombia to the entire continent.
Thanks to various Free Trade Agreements (FTA) and some unilateral tariff
preferences, Colombia has access to a 1.2 billion-people market. Free Trade
Agreements with:
Bogota is the cultural and political center of Colombia, and its
leading city in terms of education and investment. Over the last few years more
than 600 multinational companies have had excellent results doing business in
the capital of Colombia. Bogotá has access to US$29 million market, a 2006
growth of 6.8% and GDP per capita income of $4,238.
Foreign direct investment FDI has grown
significantly; in 2006 it stood at US$ 6,295 million. More than 700
multinational companies have investments in Colombia. Of note among them are
Procter & Gamble, Johnson & Jonson, 3M, SABMiller, Telefonica and Nestle.
Recently, other multinational companies such as Falabella, Millicom
Internacional Celullar and Glencore have put their vote of confidence in
Colombia.
The country provides investors with the possibility of entering into 3- to
20-year legal stability agreements which ensures that rules related to
investment determinants will remain unchanged and will continue to apply for the
duration of the agreement.
Proexport took the mission of giving support to potential foreign
investors in Colombia and to the already established ones, by
promoting investment opportunities and by identifying obstacles in the
investment mood always aiming to improvement; tasks that until that moment had
been performed by "Convertir".
Invest in Bogotá is the investment promotion
agency for Bogotá, Colombia, founded by the City Government and the Bogotá
Chamber of Commerce. Their mission is to provide support for investors who wish
to locate in Greater Bogotá.
Available Languages :

Business in Colombia Bogota. Colombian Economy. Foreign Trade, Doing Business, economy, political, economic, Business opportunities, Foreign Direct Investment, FDI, Master, International Business
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