Digital acceleration trends are transforming the global economy. Along with a need to diversify exports away from oil, Colombia is investing in technology and digital solutions to boost productivity and competitiveness. The realignment of supply chains and emerging market uncertainty brought about by the Covid-19 pandemic gave the country additional impetus to rethink how Industry 4.0, connectivity and other disruptive technologies can benefit the economy.
This report focuses on technology investment and areas for improvement across key sectors such as transport, energy and mining, and manufacturing and logistics. Along with the support mechanisms put in place to safeguard the economy, Colombia’s focus on reinvention will be key to introducing the necessary legislation and attracting foreign investment to improve productivity and achieve societal gains.