Colombia

Over the past decade and a half the long-kept secret of Colombia’s cultural heritage and natural beauty has spread throughout the international tourism circuit. While recent years have been challenging for Colombia’s exporting sectors, tourism has been a consistent contributor to the economy and a catalyst for development in not only large cities, but also in areas formerly controlled by FARC...

Colombia’s geographic and climatic advantages, alongside its numerous developments, place it in good stead to become a more prominent regional and global player in food production. Efforts to boost financial capacity, especially of small-scale producers, should lead to greater productivity and higher margins for stakeholders along the value chain. Further prioritisation of agro-industry is a...

Industry got off to a strong start in 2019, as domestic consumption and exports rebounded. The national government’s policies to expand successful programmes and do away with under-performing ones, together with a focus on improving productivity and leveraging collaboration between the country’s regions, should help to strengthen industrial capacity. However, while efforts to modernise and...

As the economy made a recovery in late 2018 it is likely that construction will soon follow suit, with initial estimates for the first quarter of 2019 already showing signs of improvement. Social housing and infrastructure will likely receive the most attention from investors, with both segments addressing crucial deficits in the country. Likewise, the advent of new vehicles to channel private...

Notable progress has been made in expanding the country’s road system, and increasing port and air transport capacity. Furthermore, new projects are set...

With broad political support and efforts to improve the licensing process, the mining industry looks set to experience a rebound in 2019. While...