Foreign direct investment (FDI) in Colombia has gone up 2.4% in the first quarter of 2013 compared to the same period last year, the country’s central bank announced Friday.
In total, Colombia received $3.706 billion in foreign investment in the first three months of the year, said the central bank. In the first quarter of 2012, this was $3.617 billion.
The largest chunk of foreign capital was invested in Colombia’s oil and mining sector, which received 44.7% of all investment. The second largest recipient of foreign investment was the manufacturing industry, which received 23.6% of the total foreign investment.
Colombia’s banking sector received 10.6% of all investment, followed by transport and communication (9.6%) and retail (8.1%).
Following increased security in cities and economically important oil and mining areas, Colombia saw foreign investment boom since the beginning of this century.