NEW YORK CITY, NY / ACCESSWIRE / December 30, 2024 / Invest in Bogotá closed 2024 with a positive management balance. The agency, a public-private initiative by the Bogotá Chamber of Commerce and the Mayor’s Office, certified 47 projects (28 new investments and 19 reinvestments), generating approximately USD 286 million and creating over 8500 jobs.
“Bogotá has become a business epicenter, not only in the country but in the region. Today, Bogotá has eight million inhabitants as a domestic market, and when considering its surroundings, we reach 11 million. Additionally, we offer an efficient and qualified workforce of six million people, representing 71% of the country’s bilingual talent. This makes us a hub of knowledge and innovation,” said Isabella Muñoz, CEO of Invest in Bogotá.
The strategic sectors attracting most investments include shared service centers, digital health transformation, food security and circular economy, energy and data centers, accelerators, and venture capital funds.
“We remain a service-oriented city, with software, technology, corporate services, transport, and logistics representing over 49% of these investment projects. However, while the number of projects decreased compared to 2023, investment amounts and job creation grew significantly,” added Muñoz.
Regarding source markets, the United States continued to lead with 19 projects, followed by Mexico and Spain with seven each. Non-traditional markets entering the Bogotá region this year included Luxembourg with two projects, and Romania, Bolivia, and Trinidad and Tobago with one each.
Content retrieved from: https://finance.yahoo.com/news/invest-bogot-certifies-47-investment-150000993.html.
