BOGOTÁ, Colombia, April 23,
2024 /PRNewswire/ -- The Colombia Sustainable
Investment Roadshow 2024 (CIR) is the foremost event overseas,
championing Colombia as a prime
investment destination. Spearheaded by the Colombian Ministry of
Commerce, Industry, and Tourism, and ProColombia, this event has
been instrumental since 2018 in driving foreign direct investment
and fostering synergistic business ventures for global
stakeholders. It is slated to take place at London's Raffles Hotel on April 23rd and 24th.
Bogota: Expansion and growth
platform in Latin America
The CIR will host various discussion panels on infrastructure,
finance, and subnational investment opportunities, providing an
ideal platform for prospective investors to consider Bogota, Colombia as their next investment
destination. The one-on-one networking sessions will focus on
engaging with relevant stakeholders in infrastructure, real estate,
private equity, British and European investors, and multilateral
banking and investment funds.
"There are primary reasons why foreign investors choose
Bogota for large-scale city
projects. Firstly, the maturity of legal and technical regulations
and strengthened institutions and government enhance project
lifecycles. Secondly, Bogota
offers high profitability and is internationally recognized by the
World Bank for its Public-Private Partnership (PPP) model. This has
diversified projects across sectors like road, airport, port,
social, and healthcare infrastructure, increasing sector investment
from 1% to 2.5% of the country's GDP since the 1990s", stated
Isabella Muñoz, Executive Director of Invest in Bogota.
In this opportunity, Muñoz has been designated by the Mayor's
Office as the city's representative to promote and present the most
significant infrastructure projects scheduled to be developed
during Carlos Fernando Galan's
administration (2024-2028).
Foreign investment is essential for developing these projects,
linking local productive actors, creating quality jobs, and
transferring technology and innovation to Bogota's economy. More than 20 European and
British investors have committed to infrastructure projects in the
Bogota Region. Below are the new city projects focusing on
infrastructure in the Bogota Region, poised to generate significant
economic and social impact for the city:
- Campin Cultural and Sports Complex
- Cience, technology and Innovation Campus
- The Calera – El Codito Road
- The Calera San Rafael Cable Car
- The Suba – Cota Road
- The North Alo Road
- Visitor Center (CAV)
- Transmilenio Road 13th Street - Bogota's 2nd Subway Line Route
- Feeder Road (Cali Avenue and 68th Avenue) Bogota's 1st Subway Line – Section 1
- Modal Integration Complexes (CIM)
- West Regiotram (Stations)
www.investinbogota.org
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