Universal health care is taking on a new meaning in Colombia. Not only are citizens keen to gain more access and higher quality services, foreigners too have come to recognise the benefits of seeking out treatment in cities like Bogotá and Medellín. Authorities have caught on to the trend, integrating this segment into the government’s Productive...
Despite 20 years of perceptions as an unsafe place for foreign sports teams to visit, Colombia has performed strongly in terms of sport results achieved at the regional level in the past decade. Improved security conditions have increased access to sporting venues and boosted opportunities for participation, not to mention more investment,...
Heavily dependent on the construction sector’s progress, the local cement industry took a slight dip in production in 2012. In the 12 months to May 2013 the production of Portland cement, the most commonly used material for infrastructure and housing in Colombia, amounted to 10.79m tonnes, representing a 1.67% year-on-year (y-o-y) decrease,...
In times of crisis, property ownership is often seen as one of the safest investment ventures, partly due to secured regular income from rentals. Over the past decade Colombia has built up a strong market for residential leasing and continues to see a number of dynamic factors that are increasing its potential.
Technology parks have been a part of Colombia’s efforts to attract high-level foreign investments for some time. The concept was first studied in 1996 with support from the Spanish government. In 2000 the government published a set of guidelines to encourage regional administrations and private investors to propose projects. This was followed by Law...
With the fourth-largest IT market in Latin America and a growing fibre-optic network, Colombia continues to add technological prowess to its economic capabilities. Strong political backing for the IT industry has emerged as the sector’s “multiplier effect” and is having a dramatic impact across the economy, with IT revenue in 2012 reaching $5.8bn,...
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