1945

Survey of foreign investors established in Colombia

A survey of 61 foreign investors established in Colombia was undertaken on behalf of UNCTAD by Fedesarrollo between May and October 2003.79 Seventy per cent of those companies were more than 75 per cent foreign-owned. Furthermore, 75 per cent were in manufacturing, 17 per cent in services and 8 per cent in hydrocarbons and energy. 49 of those companies were located in Bogotá, five in Cali and three in Medellin. All but one had assets of over $2 million. The main mode of entry was by establishing subsidiaries, although compared to other surveys carried out by Fedesarrollo in previous years, this method of entry is now on the decline, in favour of joint ventures and acquisitions.

Countries: Colombia
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