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There were 64 results found for Colombia and Industry

There were 64 results found.
Analysis

New projects prompt increased investment in Colombia's mining sector
OBG
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With similar geological characteristics to its Andean neighbour Peru, Colombia’s gold potential has long attracted interest from local and international miners. The country’s gold deposits are concentrated in areas with metallogenic belts in the Departments of Antioquia, Santander, Tolima, Huila, Caldas, Nariño, Cauca and Bolívar. Gold was the main export product during the colonial era…

Analysis

Colombia grows FDI in the mining sector with new reforms and guidelines
OBG
plus

As Colombia looks to improve investor sentiment and spur an infusion of foreign direct investment (FDI) in the mining sector, the administration of President Iván Duque has outlined detailed plans to reform existing community consultation guidelines, amid legal uncertainty regarding the awarding of project contracts. In May 2019 María Fernanda Suárez, minister of mines and energy, announced…

Economic News

Cómo Colombia se plantea hacer crecer su sector minero

In English Colombia busca impulsar la confianza y la actividad de los inversionistas en el sector minero mediante la definición de planes de gobierno para reformar el proceso de consulta comunitaria existente, el cual suscita una cierta incertidumbre en el plano legal, sobre todo en lo concerniente a la adjudicación de proyectos. A principios de mayo, María Fernanda Suárez, ministra…

Economic News

Mejoras crediticias y acuerdos de libre comercio para estimular el crecimiento del sector automotriz en Colombia

In English A pesar de la caída en la actividad de algunas áreas en lo que va de año, el sector automotriz de Colombia puede estar listo para repuntar en el nuevo año, con una baja en las tasas para préstamos, mejores condiciones económicas y nuevos acuerdos comerciales con socios regionales, que se espera faciliten un crecimiento renovado. Uno de los segmentos que presenta una trayectoria…

Chapter

The Report: Colombia 2017: Industry & Retail
OBG
plus

Industry is set to remain an important part of Colombia’s economy, not only for its capacity to create employment, but also for its significant impact on regional development. However, manufacturers face a challenging domestic environment due to fiscal reforms, which are likely to reduce consumer expenditure in 2017. Still, the devaluation of the peso has made the country’s exports more attractive…

Analysis

Retail expands in Colombia as disposible incomes rise and poverty rates decrease
OBG
plus

Growth of the economy has translated into an expansion of disposable income for some segments of the Colombian population. Consequently, the retail sector has been developing at an unprecedented speed. This has led to an expansion of the fast-moving consumer goods (FMCGs) segment and a vast increase in modern retail space across the country. Not only has the retail sector been buoyed by new…

Analysis

Exploration in Colombia leads to a number of new discoveries and mines
OBG
plus

After delays and several false starts, the Colombian gold mining segment gained momentum in 2016 with the awarding of environmental permits for four gold mines. This follows the March 2015 permit given to Canada-based Red Eagle Mining, which, little more than a year later, became the first medium-sized gold mine to enter into production in Colombia for 50 years. When these four projects enter…

Overview

The reinvigorated Colombian mining industry receives strong state support
OBG
plus

For a country with three Andean mountain chains and a history of gold and silver production, mining has remained a relatively small contributor to the modern Colombian economy. Between 2012 and 2015 the sector contributed only around 2% to GDP and 20% of exports, with the vast majority coming from two giant coal projects: the Cerrejón mine in La Guajira department and La Loma mine in César…

Overview

Colombia's exposure to international markets drives improved productivity and cost cuts
OBG
plus

Industrial growth has given Colombia a strong internal mechanism for development and an effective way to supply internal demand. Despite its importance in the 1980s and 1990s, when civil conflict and insecurity kept international investors away, the sector has been losing ground as a component of GDP. The opening of the Colombian economy to international trade and a growing number of trade…

Interview

Daniella Souza, President, Dow Chemical, Andean Region: Interview
OBG
plus

Interview:Daniella Souza What are some challenges to the growth of the agro-chemical industry in Colombia, and which areas should be targeted for development? DANIELLA SOUZA: The agro-chemical industry saw a very weak 2016, which implies that there is an enormous opportunity for growth. Some factors that could boost the segment include continued infrastructure development to ease product distribution,…

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