BOGOTÁ, Colombia, May 9, 2024
/PRNewswire/ -- The Corporation for the Development and
Productivity of Bogota-Region, Invest in Bogota, has been awarded as the best
investment promotion agency in Latin
America and the Caribbean
at the prestigious Annual Investment Meeting (AIM) event, the
world's leading platform to discuss effective investment promotion
strategies and facilitate opportunities for economic development,
placed in Abu Dhabi.
During 2023, Invest in Bogota
channeled significant foreign investments to mitigate the impact of
the pandemic. Its strong strategy was focused on the development
and implementation of methodologies, analyses and technical
processes to track investment trends, the drivers of investment
flows understanding, and the identification of key segments and
niches, such as knowledge-intensive services, value-added
manufacturing, and smart infrastructure.
As a result, 2023 marked the Corporation's best year in
generating new opportunities (355) and attending new and
established companies (332), materializing 41 investment projects
valued at USD 231 million, and
generating over 6,000 direct formal jobs. Additionally, a support
program was provided to 12 strategic infrastructure projects for
the city. Regarding the attraction of world-class events,
Bogota's Convention Bureau
generated 307 opportunities and realized 63 events, representing an
economic impact of USD 23 million,
with the attendance of 38,650 people and 77, 288 hotel room
nights.
Isabella Muñoz, Executive Director of Invest in Bogota, highlighted: "This recognition
reaffirms Bogota-Region as a platform for business expansion and
growth, thanks to attributes such as efficient and qualified human
talent, economic stability, and strategic geographic location."
This award will enhance Bogota's
visibility internationally among potential investors and
decision-makers, consolidating the city's leadership in the top
Colombian investor countries, such as United States, Spain, Mexico Chile and China and sparking interest in new markets
like Asia and the Middle East.
To maintain its position as a regional leader, the corporation
faces some challenges. it will be a priority to align with the
country's energy transition, attracting investments in renewable
energies, energy efficiency, and clean technologies. Additionally,
efforts will be focused on strengthening the agricultural sector
through the incorporation of cutting-edge technologies and
consolidating a knowledge-based society, attracting investments in
research, development, and innovation (R&D&I).
Foreign direct investment will be a catalyst for economic
recovery, generating quality jobs and improving the quality of life
in Bogota-Region. Invest in Bogota
reaffirms its commitment to driving socio-economic development,
competitiveness, and internationalization, and positioning the city
as the preferred destination for doing business in Latin America.
Media Contact: mmrodriguez@investinbogota.org
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SOURCE Invest in Bogota