Operating Environment in Bogota
Quality Operating Environment
Bogota has a high-quality, worry-free operating environment. There is a plentiful supply of quality, cost-competitive office, warehousing, and manufacturing space. The city has redundant telecom connectivity and excellent utilities. The city is a major land and air cargo transportation center and a natural logistics hub for Colombia. Finally, Bogota has all the corporate services needed by investors.
Plentiful, High-Quality Space
At present, Bogota has a supply of approximately 1’800,000 square meters (19.3 million square feet) of office space, including top quality high-end offices. There are more than 50 industrial parks, including several new free trade zones with excellent warehousing and manufacturing spaces. Contact us for information on properties available for rent or sale.
Telecommunications
According to the World Competitiveness Yearbook, Colombia is one of the top ten countries in the world with the highest levels of investment in telecommunications, as a percentage of GDP, and the top country in Latin America. As a result of market liberalization and significant private sector investment, Bogota boasts a redundant, high-quality telecommunications infrastructure. Currently, more than half a dozen private providers offer complete corporate telecommunication solutions.
Bogota is connected by redundant overland connections to five international underwater cables.
Main Optical Network
Source: Invest in Bogota, based on official information.
Utilities
Electric utility coverage is nearly 100% in Bogota. Enel - CODENSA Bogota’s electric utility is part of the ENEL Group of Italy and is recognized for high quality and cost - competitive service. Additionally, this company is committed with the modernization of the networks in the country: from sustainable solutions like solar energy for enterprises, the use of LED technology for the city’s streetlights, to the promotion of mobility with electric bikes and vehicles. Natural gas is provided by another privately - owned utility, Gas Natural. Water and sewerage are managed by the city - owned Acueducto de Bogota which has coverage of 99% in water and 98% in sewerage.
Transportation
Bogota is a natural hub for land-based freight in Colombia. Many companies have located logistics and distribution facilities in Bogota to serve Colombia. The government is currently developing four-lane highways from Bogota to both Atlantic and Pacific seaports.
Distances to Ports and Land Borders
Source: Invest in Bogota.
The Bogota El Dorado International Airport is one of Latin America’s largest passenger and air cargo hub.
El Dorado is #1 in terms of air freight volume in Latin America.
Top 10 - Latin American Airports as per Cargo Movement-2016
El Dorado is the third busiest airport in Latin America in terms of passengers.
Top 10 - Airports in Latin America as per Passenger Movement (2016)
Wide Range of Corporate Services
Bogota offers a wide range of corporate service providers, from international, legal, accounting, tax and consulting services, to sophisticated financial intermediaries and specialized suppliers. Please contact us for further details on Bogota’s service providers.
Updated: (mm/dd/yyyy): 11.26.2018