The agency responsible for attracting foreign direct investment to Bogota, Invest in Bogota, ranked second in the fDi Strategy Awards 2017 in the category of best return on investment per personnel.
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.
US music industry solutions company ONErpm is to begin operations in Colombia this week, its fourth largest market in the world after the United States, Brazil and Mexico.
The United States and Spain have led foreign direct investments in the Colombian capital for the last 10 years, reported the promotion agency Invest in Bogota, with an amount of USD 14,134 million received during this period.