With more than 1000 km of coastline on its northern and western borders, as well as its proximity to the Panama Canal, Colombia enjoys strategic access to key export markets and maritime thoroughfares. Encouraged by domestic economic growth and an increasing number of free trade agreements with key trading partners, a number of ports are seeking to...
Low-income housing has long been stigmatised by false conceptions of small profit margins and unattractive architecture. However, Colombia’s large unsatisfied demand for homes has encouraged the public and private sectors to shift attention towards this segment with innovative project proposals that aim to bypass common setbacks within the sector...
Amid a general economic slowdown, the government has applied several strategies to tackle key industrial deficiencies and strengthen productive practices. Aside from the major stimulus package announced in April 2013 to inject resources into industrial activities, a permanent initiative using less conventional tactics has been operating successfully...
Cheap, plentiful energy has long been a precondition of the industrial age. In recent years though, conventional reserves of fossil fuels such as oil and gas have been steadily dwindling. With renewables not yet sufficiently developed to end dependence on these resources, the world faced a stark choice: either return to more hazardous and more...
Thanks to the development of new technologies such as fracking and offshore drilling, hydrocarbons reserves previously thought inaccessible are being exploited. Colombia’s experience in developing these resources is limited, though recent auctions of unconventional blocks could open the door to extra reserves of oil and gas. The incorporation of...
As economic miracles go, Colombia has some impressive supporting statistics but is still very much a work in progress. To go from being practically a pariah state to one of banking giant HSBC’s six most exciting emerging markets in a little over one generation almost defies belief. Yet international bodies such as the World Bank endorse that...
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