Foreign Direct Investment

• On July 19, the first phase of the Single Investment Window came into operation, a digital tool that will guide and integrate all the procedures, regulations, costs, times, and other information that foreign investors need to establish their operations in Colombia. This instrument also consolidates all the information related to investment benefits offered to each economic sector. For more information, please visit the following link.

Good News from Bogotá

• Softtek, a global company dedicated to helping organizations evolve through digital technology, announced the opening of its new offices in Bogotá. The multinational expects to increase the export of knowledge-based services and create approximately 1,000 jobs by 2023. For more information, please visit the following link.

• Bogotá will accelerate its proactive strategy to attract Foreign Direct Investment. During the second half of 2022, the capital's investment promotion agency, Invest in Bogota, will conduct 18 international campaigns to promote the city´s investment opportunities. For more information, please visit the following link.

• The project for the second line of the Bogotá Metro was approved by the National Political and Social Council (CONPES), whereby the Colombian State committed the resources needed to execute this project, which will contribute to improving mobility in the Colombian capital. For more information, please visit the following link.

• The US medical device giant Zimmer Biomet opened its corporate services center in Bogotá, from which it will handle finance, accounting, customer service, global operations, regulatory affairs, product engineering, human resources, and purchasing for the company's offices on the continent American. For more information, please visit the following link.

• To promote the purchase and sale of local products in Bogotá, the Secretariat of Economic Development launched the “Made in Bogotá” strategy. This strategy aims to bring local producers' businesses closer to new marketing channels, and it will become an experience that will usher in a new way of buying and selling locally.

The strategy began with a fair in the Parque de la 93 Creative District, leaving more than COP$230 million in sales, benefiting 1,450 local entrepreneurs. For more information, please visit the following link.