A Chinese multinational technology company has expressed interest in investing in Colombia following the Trade Minister’s visit last week.
During his visit, Minister Luis Guillermo Plata’s delegation met with executives from the company, whose name has not yet been released.
Such trips made on behalf of Colombia’s government to potential new markets are part of the government’s strategy to position Colombia as an post-sale service for customers in the IT sector.
The minister told Chinese investors that there were great benefits of Colombia’s free zone system, and of the expansion of marketing agreements and investment protection, and the double taxation program.
Representatives from Colombia’s Proexport and Andi, among others, participated in a workshop with entrepreneurs from the Chinese manufacturing, transportation, logistics, technology, and jewelry industries.
Deputy director of the Council of Commercial Development of Hong Kong, Alan Wong, highlighted the progress that the Colombian economy is making and invited attendees to discuss opportunities for increased trade between Hong Kong and Colombia.
Trade Minister Plata said that another accomplishment of the trip to China was the decision of Asian investors to increase their foreign direct investment in Colombia in the short term, driven by the performance of macroeconomic indicators in the country.