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Economy

Foreign direct investment in Colombia hit US$8.5 bill in 2009

by Hannah Stone January 20, 2010
1.4K

money, colombia, investment, 2009

Gross foreign direct investment in Colombia in 2009 stood at US$8.557 billion, far higher than expected, President Alvaro Uribe announced Tuesday.

“Today, even without having added capital investment, we can count a good sum,” the president told Bucamaranga radio station Onda 5, adding that it is “far beyond what anyone could have expected given the economic crisis.”

When purchases made by Colombian companies from foreign firms are subtracted, the net figure stands at over US$6.9 billion, Uribe said.

The head of state added that, despite the global economic downturn, in 2009 Colombia saw a high rate of investment, topping 25%, and high FDI.

Alvaro UribefdiForeign direct investment

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@2008-2019 - Colombia Reports. All Rights Reserved.
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Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion