Netflix investment in local productions amounts to $ 175 mn

Since it arrived in Colombia in 2014, Netflix has invested more than $175 million in local productions. The American media company announced yesterday its investment decision to open a Bogotá office. It also expects to have 30 new projects by 2022. According to the company, this decision represents its interest in the human capital that Bogotá offers to the creative industry.

1 in 3 companies in Bogotá is currently operating at full capacity

The Chamber of Commerce of Bogotá revealed today the first results of its Economic Reactivation Thermometer initiative for Bogotá and the Region. Results show that, between October 2020 and March 2021, the number of fully operating companies grew from 21% to 30%. Similarly, the percentage of companies operating under any restrictions dropped from 56% to 43%. However, closed businesses increased from 8% to 14% in the same period.

Colombia halts tender for $770 mn dredging PPP to carry out social consultations

Colombia’s infrastructure agency (ANI) has halted the prequalification for the $773 million (Co$ 2.8 trillion)Dique canal rehabilitation private-public partnership due to social consultations with locals. The national planning department (DNP) and the finance and transport ministries are reviewing the project. The entities expect to approve the financial, technical and legal structuring during the second half of this year, ANI said in a press release.

Manufacturing increased by 0.6% in February

In February 2021, manufacturing production and retail sales increased by 0.6% and 2.2%, compared to the previous month, revealed the National Statistics Department (Dane). According to DANE's director, Juan Daniel Oviedo, results come after an earlier negative estimate for February. Chemical manufacturing recorded the largest increase at 21%, followed by electronic devices at 15,9%.