Colombia formally requests entry to BRICS development bank
Colombia’s government has formally requested entry to the New Development Bank of trade bloc...
Tag: foreign investment
Santos arrives in Switzerland to talk peace, drugs and investment with world leaders
President of Colombia Juan Manuel Santos arrives in Davos, Switzerland today, where he is one of...
Colombia to increase taxes on ‘foreign’ investment from tax havens
Colombia’s tax agency DIAN on Wednesday announced to increase taxes on investment from tax...
Colombia signs free trade agreement with South Korea
Colombia on Thursday signed a Free Trade Agreement (FTA) with South Korea in Seoul. The FTA includes a wide range of elements to boost bilateral trade and investment, according to the trade ministry. According to W Radio,...
Colombia to invest in ‘La Niña’ damage
Colombia has invested millions of dollars for recuperating sensitive environmental zones damaged by tropical storm ‘La Niña.’ Roughly $37.4 million has been set aside for recovery of vital natural environmental...
Colombia approves road reconstruction funds
The Colombian government will spend more than $83 million on road reconstruction to fix routes that were damaged during the winter. Carlos Ivan Marquez, Colombia’s director of the National Risk Management Agency told...
Colombia govt invests $28M in higher education
A Colombia development agency on Wednesday approved more than $28 million for higher education projects in central Colombia. Findeter, a financial development agency linked to the Colombian ministry of finance, will invest the...
$54M environmental protection grant approved
A $54 million environmental protection grant was approved on Wednesday as part the Colombia government’s ongoing “conservation, restoration, and ecological education program,” reported local media. The Regional...
Colombia’s infrastructure hinders development
A study by economic and social investigation body Fedesarrollo has found that shoddy Colombian infrastructure is holding the country back and more than $11 billion will need to be invested annually to bring development up to...
Planned investment in oil exploration exceeds $2.6B
Planned investment in Colombian oil exploration exceeded $2.6 million with 55 oil contracts signed so far this year, according to newspaper El Espectador. Mines and energy minister Federico Renjifo said that the 2012 figures...
Colombia pursues shale as oil stocks deplete
Colombia is now looking to join in what has been called “the global shale boom” as exploration has been expanded in areas once under the control of the guerrillas, and increased crude production causes oil stocks to...
UN invests $50M in Colombia to combat poverty
The Colombian government and the UN will invest a combined total of more than $69 million in a project to alleviate poverty. In an effort to help poverty-stricken communities in rural Colombia, the International Fund for...
