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.
Representatives of 14 foreign companies met with 20 potential Colombian partners and 16 government entities at Alimentec's Investment Meeting, the investment promotion meeting at the fair, to hear about the various business opportunities offered by the processed food and drinks sectors in Colombia.
For the second year running Site Selection magazine highlights the fact that the agency, apart from being one of the best in the world - out of around 50 countries - is the best regional promotion agency in Latin America and the only one in South America that classifies in the ranking released by the publication.
After strengthening the presence of Castem in Japan, Thailand, and the Philippines, Colombia was selected to continue the expansion of the Japanese brand in the Americas with a new plant built on 3,750 m2 of land located in the free zone of Intexzona in western Bogota
In the last ten years Bogota and its 22 municipalities have received USD 1.442 billion in greenfield investment projects from Argentina, Brazil, Chile, Peru and Venezuela, according to fDi markets. This positions the region as a major business hub in South America. Besides having a strategic position that allows easy access to international markets, the Bogota Region has offered new business opportunities for regional investors looking to tap the growing domestic market and the competitive advantages in terms of human talent, connectivity, legal stability and a competitive business
Bogotá was announced as the newest full alliance partner of BestCities Global Alliance.
The Bogota Region excels in the annual ranking of the fDi Intelligence research center of the Financial Times, occupying the first five positions in the different categories evaluated and is also noted for having the second best investment promotion strategy.