Foreign Direct Investment (FDI) of Colombia in 2020 fell 35% and stood at $ 6,788 million, compared to $ 10,465 million in 2019. According to the Central Bank, during 2020 foreign Investment in oil and mining in the country was $ 3,923.3 million, a 42% drop compared to 2019.
Day: January 18, 2021
Colombian agricultural exports exceeded $ 6.9 bn as of November 2020
Between January and November of last year, Colombian agricultural exports totaled more than $ 6,988 million. Green coffee and dried flowers were the best sellers in that period, with $ 2,138 million and $ 1,291 million, respectively. Agriculture was one of the few sectors that could continue to operate during the covid-19 pandemic at the national and international level due to its essential nature. During 2020, the Ministry of Commerce, Industry and Tourism, ProColombia, the Foreign Ministry, ICA and Invima teamed up to open 12 markets to nine agricultural products such as Hass avocado, Tahiti lemon, pineapple, paprika, bananas, beef, and mandarins and oranges
Colombian aviation authority endorses construction of Aerocafé, a new airport in the coffee region
The civilian aviation authority of Colombia granted the permit for the construction of Aerocafé, a new airport in Caldas, in the coffeee growing region of the country. Aerocafé seeks to enhance the competitiveness and connectivity of the coffee region and contribute to the economic recovery, employment in the region and, in the medium term, tourism, by allowing a constant flow of passengers from different parts of the country.
Cerrejón contributed $ 3.1 mn in 2020 against covid-19 in La Guajira
Colombian miner Cerrejón announced that despite the difficulties generated by the covid-19, it made contributions of $ 3.1 million to help the population of La Guajira, especially in strengthening the health sector. The improvement of infrastructure and supply of 29 million liters of water were two actions carried out by the company during the quarantine decreed by the National Government last year. During the days of confinement, Cerrejón delivered 50,000 donations in groceries that benefited 350 communities, as well as 25,000 masks for the towns near the mining operations.
Colombia to keep land, river borders closed until March
Colombia will keep its land and river borders closed until March 1 as it tries to curb the spread of coronavirus, its migration agency said on Friday, following a decision to extend a so-called selective quarantine through February. The Andean country, which closed its borders in March last year, was due to open its borders on Saturday. It is the top destination for Venezuelan migrants fleeing the long-running social and economic crisis at home. More than 1.7 million Venezuelans are currently in Colombia, according to figures from the agency. International air travel, which resumed in September, will not be affected by the decision to close the mentioned borders.
