Largely cut off from foreign investment during the 1980s and 1990s due to security concerns, Colombia developed a wide variety of local manufacturing businesses and brands. Companies such as drink maker Postobón, cement firm Cementos Argos or burger chain El Corral are household names in Colombia.
In an effort to counter the negative effects of a slowdown in the mining sector, as well as lower revenues from national oil exports, Colombia is implementing a stimulus package designed to encourage economic growth in the coming years. The Plan for Productivity and Employment (Plan para la Productividad y el Empleo, PIPE 2) comes on the back...
Housing demand continues to fuel the real estate sector in Colombia. It is a process happening on two fronts. Firstly, government-sponsored programmes are encouraging the construction of new homes for lower-income Colombians. Meanwhile, the growth of the middle class is galvanising demand for medium-income housing across all regions of the...
A combination of public and private investment in infrastructure, as well as the implementation of public housing plans, continue to be the primary drivers for Colombia’s construction sector. Projects ranging from highway construction to expansion of existing port and airport infrastructure are attracting a rising number of international firms...
As the Colombian economy continues to feel the negative impact of reduced commodity prices, the quest to improve national transport networks has become more important. Although the country posted annual growth of above 4% between 2010 and 2014, more conservative prospects for 2016 have brought caution, especially with the fall in the price of...
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