About Colombia

Colombia is the third largest economy in Latin America and was rated as the 6th largest contributor to world GDP growth by the Economist. It remains one of the most promising economies in Latin America. The country has shown a steady economic growth (avg. 4.2% since 2007) that has outperformed all other economies in Latin America.

Situated in the northwest corner of South America, Colombia is the only country in the region with coasts on both the Caribbean and Pacific Ocean, with a continental area of 1.141.748 km2 (440 829 square miles) and 928.660 km2 (358 555 square miles) of maritime dominions.

It shares borders with Panama, Venezuela, Brazil, Peru and Ecuador, and maritime limits with Costa Rica, Nicaragua, Honduras, Jamaica, Dominican Republic and Haiti. Colombia´s location allows easy and fast access to US based customers and because of its similar time zones to the US also provides great advantages in managing and monitoring operations. Colombia’s prospects are rising rapidly. Colombia


 

map colombia

is a member of the Andean Community (CAN) and the Latin American Integration Association (LAIA).

Recent figures on Colombia’s rising stature:
• Strengthening the macroeconomic variables together with a dynamic economic performance. The GDP per capita has doubled over the last decade, going from USD 5.826 in 2000 to USD 10.350 in 2012.
• A dynamic domestic market, being the 23rd largest population of the world and the second most populous Spanish-speaking population.
• It is the third most business-friendly and the leading reforming country in Latin America according to Doing Business 2013 of the World Bank.
• Strong international integration with eight free trade agreements in force, three signed agreements and five under negotiation that will give you preferential access to a market of more than 1.5 billion customers. Thanks to the free trade agreements, Colombia establishes itself as a solid export platform, making the country a gateway for the world.

Antioquia – Medellin: Colombia’s industrial capital

Medellin is the second most important city in Colombia, behind only the capital Bogota. Its exceptional architecture, creatively designed leisure areas, and constant development have transformed it in a short period of time into a metropolis with a great potential for growth.
Today, Medellin has become an advanced epicenter for commerce, industry, and technology. While 20% of the country’s most important companies have their headquarters in this city, each month entrepreneurs from all over the world arrive to see what the region has to offer.
Service outsourcing, software angd IT services, cosmetics and hygiene products, and hotel and tourism infrastructure all have an important presence in this city.

MDE Air

Medellin’s urban metro transportation system is modern and sleek, and the city has two airports: the Jose Maria Cordova International Airport in the neighboring municipality of Rionegro, and the Olaya Herrera Airport for regional and domestic flights.

• Population in Antioquia 2011: 6,143,809 inhabitants
• Population in Medellin 2011: 2,368,282 inhabitants
• Antioquia GDP 2010: US$ 40,885.5 million
• Antioquia GDP per capita 2010: US$ 6,740.10
• Antioquia Surface Area: 63,612km2
• Medellin Surface Area: 387 km2