Colombia

Despite the difficulties in securing long-term financing for research, Colombia’s innovation environment is starting to benefit from structural measures. Efforts to raise IT usage in companies and households is supporting innovation efforts and galvanising domestic entrepreneurs. Modernisation schemes targeting industrial clusters are helping...

With the agriculture sector seeking ways to boost production and increase output, many eyes are on Colombia’s fruit sector, which has the potential to deliver big returns to the industry. In Latin American, Colombia is the country with the third-largest area of planted land for only fruits and vegetables at 921,000 ha, after Brazil and Mexico...

With economic growth reducing poverty and increasing the size of Colombia’s middle class, government programmes are having a major impact in lowering the country’s housing deficit.

Programmes to allocate free homes to the lowest-income segments, reduce the costs of acquisition and ease access to banking credit for other segments of the population...

With plans set to modernise transport networks and government-led housing programmes expanding the availability of homes, Colombia’s construction sector remains an essential part of the economy.

Structural precaution against risk, along with an influx of investment coming from government housing programmes as well as private investors, continue to fuel Colombia’s housing market. Although government support has primarily focused on the lower-income segments of the population, the expansion of the middle class has helped move housing...

Colombia’s economy experienced a boom over the last decade, with per-capita GDP more than doubling and foreign direct investment growing tenfold. Infrastructure and transport development, however, has been struggling to keep pace with the country’s rapidly expanding economy.