“Foreign direct investment from sectors other than mining is growing this year above 80%,” said Santos at a conference of bankers in the Caribbean coastal city of Cartagena.
He also said that FDI is growing steadily driven by “factors including the [higher] investment grade given to Colombia by the big ratings agencies.”
The head of state mentioned 2011’s $13.2 billion FDI figure surpassed that of the previous year by 92%.
Santos also said that Colombia is generating interest internationally, citing his visit to Chile Wednesday to finalize the Pacific Alliance agreement which aims to integrate the economies of Colombia, Chile, Mexico and Peru.
“With this not only will we strengthen our trade and investment with the Asia-Pacific region, but we will further integrate our economies and make it easier to transport goods, people and capital between our nations,” Santos said on the economic agreement.