Bogota ranks 8th in best city to do business index

One of Latin America’s top business magazines ranked Colombia’s capital city of Bogota as the 8th best city in Latin American for doing business in 2012.

Best cities to do business

  1. Miami
  2. Sao Paulo
  3. Santiago de Chile
  4. Mexico City
  5. Bueno Aires
  6. Rio de Janeiro
  7. Panama City
  8. Bogota
  9. Brasilia
  10. Lima

The magazine, America Economia has moved Bogota into the eigth position, up from the 16th spot in 2003 for

Cities ranking ahead of Bogota include the Brazilian cities of Rio de Janeiro and Sao Paulo, Argentina’s capital of Buenos Aires, and Panama City. Miami, in spite not being located in Latin America, ranks as number one.

The ranking system is based off of scores in social and political framework, economic growth, business services, infrastructure, human capital, environmental sustainability, and others.

Colombia scored high in

Colombia’s second largest city Medellin ranked 20 in the index, dropping three places since last year.

Sources

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