93% of companies are interested in obtaining vaccines for their employees

According to a survey conducted by the Colombian association of industrial companies (ANDI) to 650 companies nationwide, 93.2% of respondents are interested in implementing a vaccination plan for their direct employees if the National Government enables private firms to buy vaccines. 97.8% of the companies also revealed that its workforce age ranges between 18 and … Continue reading 93% of companies are interested in obtaining vaccines for their employees

ProColombia launches brand-new $6mn strategy

Procolombia, the Colombian agency in charge of promoting international tourism, foreign investment, and non-traditional exports, revealed its new global strategy yesterday. The new campaign, which includes a new slogan, "Colombia the most welcoming country", has an estimated price of $1.6 million (Co$ 6,000 million). According to Colombia's CEO, Flavia Santoro, the new strategy seeks to contribute to the government goal to increase non-mining exports value to $27 billion and foreign direct investment to $11.5 billion in 2022.

Second copper discovery for Max Resource in Cesar

The Canadian mining company Max resource has announced a second newly discovered copper zone located 30-km south of the recently discovered CONEJO high-grade copper-silver zone (refer to Figure 4) in the department of Cesar. According to the company, the discovery appears to be of significant size since presently collected samples indicated copper mineralization extending over 3.7-kilometres and open in all directions.

Colombian peso depreciates 6.8% against USD in Q1 2021

By the end of March 2021, the Colombian Peso exchange rate against US Dollar depreciated by 6.68%. It went from Co$ 3,422 on January 3,661 Co$ on March 31. This change is greater than the overall depreciation of 5.16% in 2020. The lower international price of oil and the global effects of the covid-19 outbreak … Continue reading Colombian peso depreciates 6.8% against USD in Q1 2021

KMA wins $200 mn bid to two build national roads

The infrastructure company KMA Construcciones has won two national road projects in a public budding. The first proposed project is in the departments of Boyacá and Casanare and has a value of $88 million (Co$ 322,000 million). The second project is in Huila and Caqueta and costs $109 million (Co$ 109,000 million). These projects are part of the Colombian government's new program for economic reactivation for 2021-2030.