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ProColombia Prensa

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Foreign direct investment to Colombia increased from US$ 7,6 billion in 2021 to US$ 17 billion in 2022

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Financial and business services, transportation and communications, manufacturing, commerce and hotels, and electricity, among others, were the largest recipients of foreign investment.

 

"Foreign investment will be a determining factor in favor of Colombia's reindustrialization, as well as in the development of projects such as fair energy transition, sustainable tourism, and agri-food security because it is a driving force in the creation of new jobs, technology transfer and contributes to a better quality of life in the country's regions," said Carmen Caballero, president of ProColombia.

 

The Central Bank also confirmed that 45.6% of the total income received this way was due to capital participation, 38.4% to reinvestment of profits, and 16.0% to debts between companies with direct investment relations.

Another data the Issuer reveals is that Colombia registered foreign credits for US$13 billion, that is, US$3,5 billion more than last year. On the private sector side, US$9,3 billion in debt was acquired, mainly by banking and non-banking financial services companies. The public sector reported loans of US$3.7 billion.

As part of ProColombia's contribution to attracting foreign investment, the agency facilitated the arrival of 201 new projects, whose start-up and development are estimated to take place over the next three years and could generate more than 84,900 jobs, according to foreign investors.

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