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Economy

Colombia is prime for economic investment: Ex-Im Bank

by Natalie Dalton August 9, 2011

colombia news- hochberg

“Colombia has the second best economic portfolio in Latin America following Mexico,” said Export-Import (Ex-Im) Bank director Fred Hochberg after meeting Tuesday with Colombia’s President Juan Manuel Santos.

According to a press announcement from the Casa de Nariño, Hochberg emphasized the place of the Colombian economy within the context of Latin America. “Colombia is a very interesting site of investment in this moment,” assured the Ex-Im Bank director.

He also revealed that Colombia is a key market for the exportation of goods.

“We have identified nine countries around the world that are very key countries for the expansion of our market of exports. In order we have picked; Mexico, Colombia, Brazil, Turquia, Nigeria, South Africa, India, Indonesia, and Vietnam,” declared the bank director.

According to the conversation with Santos, the work of the Ex-Im Bank in Colombia will focus on investing in the sectors of infrastructure and Small and Medium Businesses (PyME).

 

foreign investment

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