Colombia is back from the brink and demonstrating why it has become one of the main destinations for foreign direct investments and been included in the new CIVETS block as a country that offers a prosperous business climate and opportunities.
Once beset by insecurity and illegal armed groups, the oldest democracy in South America has achieved a substantial transformation in security and social investment in the last decade that has translated into stronger institutions, better economic performance and improved living standards.
Colombia is situated in a strategic location in northern Latin America with ports in both the Pacific and Caribbean oceans, allowing easy access to global markets. With an estimated population of 46 million, a GDP of US$435 billion and a per capita income of US$9,566, the country has shown signs of steady economic performance and a reliable legal framework for international partners.
Colombia is currently enjoying a gradual transformation from a precarious state to a prosperous country with specific challenges that are to be addressed in a combined effort between government, private sector and empowered civil institutions.