The Second Foreign Investment Encounter of Bogota, organized to commemorate the eleventh year of Invest in Bogota, focused on foreign investment’s role in Bogota’s infrastructure projects.
Bogota’s middle class now represents 51.6% of the population. With an increase of approximately 14% since 2009, the percentage of middle class in the Colombian capital exceeds the average for Latin America.
Bogota accrues 479 years of history positioned as one of the most important cities in the region. Its economic strength, favorable business environment, skilled workforce and strategic location, among other attributes, have allowed it to stand out above other cities and countries in Latin America.
With its double-digit growth, outsourcing has established itself as a key industry in generating employment and contribution to GDP.
The German firm B. Braun has new production plant for manufacturing surgical sutures in the country and plans to buy a pharmaceutical company to consolidate its operations in the region. These are their plans.
Bogota is the city that receives most greenfield investment in Creative Industries throughout Latin America and the Caribbean. This is shown in the study conducted by fDi Markets which emphasizes that since 2005, the capital has received USD 488 million - more than Sao Paulo, Buenos Aires, Mexico City or Rio de Janeiro.
Invest in Bogota, Bogota Region’s promotion agency has been recognized for the third consecutive year as the best investment-promotion agency of Latin America and the Caribbean, according to the Site Selection journal.