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Colombia News | Colombia Reports
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Economy

Colombia’s FDI jumps 30% in first quarter

by Toni Peters April 16, 2012

Business dollars

Foreign direct investment (FDI)  in Colombia jump 30% on year for the first three months of 2012 to $4.2 billion, according to central bank figures released Monday.

The figure for the first quarter of 2011 was $3.2 million. The rise in FDI is largely due to an increase in investment in the oil and mining sectors.

This figure is higher than the $3.9 billion announced by Trade Minister Sergio Diaz-Granados 4 days ago. However this figure only counted FDI up to March 23.

economyfdi

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