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Colombia embassy presentation_250412
 

Colombia embassy presentation_250412

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    Colombia embassy presentation_250412 Colombia embassy presentation_250412 Presentation Transcript

    • COLOMBIA Invest in Colombia:Balance, perspectives and opportunities. Eduardo Pizarro Leongómez Ambassador of Colombia to The Netherlands
    • Embassy of Colombia to The Netherlands - 2012
    • With coastlines on both the Pacific and Atlanticoceans, Colombia is an importantplatform for the regionColombia Embassy of Colombia to The Netherlands - 2012
    • A competitive location with easy access to coverthe Americas (aprox. 5 hours to NY, Toronto, Santiago and Sao Paulo)  1,100 direct international frecuencies per week  5,000 domestic frequencies/week  Avianca-Taca: one of 3 major airlines in Latinamerica  Easy-quick access to major cities in the Americas
    • CIVETS, an opportunityfor diversification Embassy of Colombia to The Netherlands - 2012
    • The three top risk rating agencies granted Colombia“investment grade” on its sovereign debt in 2011 The three agencies agree on the countrys positive economic and financial situation, highlighting:  Its ability to deal with external shocks  Its historic fulfillment of obligations  An increase in its macroeconomic credibility  A visible improvement in security conditions May 31, 2011
    • Unemployment Rate Embassy of Colombia to The Netherlands - 2012
    • GDP Per Capita adjusted by PPP is close to US$10,000 +126% •GDP Per Capita adjusted to prices at purchasing power parity (PPP) •(f) : Forecast Source: EIU (Economist Intelligence Unit) (October 12, 2011)
    • The third "friendliest" country to do business in LatinAmerica and the top reformer in the region Change in Doing Business Ranking, 2007- 2012* World World (Variation in the number of positions) Country Ranking Ranking Colombia 45 2012 2011 Perú 26 Panamá 11 Chile 39 41 México 9 Peru 41 39 Ecuador -6 Colombia 42 47 Venezuela -10 Mexico 53 54 Brazil -12 Panama 61 63 Argentina -14 Argentina 113 114 Chile -15 Costa Rica 121 121 Costa Rica -20 Brazil 126 120 Ecuador 130 131 Venezuela 177 175 Source: Doing Business 2012 World Bank Report *Positive numbers indicate improvements in business environment
    • Ranking in Latin AmericaIn terms of globalization, Colombia is ranked 3rd among Latin Americacountries, comparing to world economies such as Japan, Brazil, Russia andIndonesia Embassy of Colombia to The Netherlands - 2012
    • The Government is boosting 12 sectors through itsProductive Transformation Program SERVICES MANUFACTURING AGRO-INDUSTRIES Business process Chocolate, Confecti Graphic Arts outsourcing onary, and its raw Industry BPO&O materials Textile, Apparel, Fa Beef Software & IT shion & Design Electric Energy and Palm, vegetable Health Tourism related Goods and oils & fats Services Auto Parts & Shrimp Farming Vehicles Cosmetics & Personal Care
    • The most competitive FTZ’s in Latin America: 15% income taxand sales allowed to the local market99 Free Trade Zones Approved  15% income tax rate.  No import duties. Single - Company Free Trade Zone Permanent Free Trade  VAT exemption for goods sold from Zone Colombia to FTZ  Benefit from international trade agreements. (Except Peru)  Allow sales to the local market. Permanent (PFTZ) Free Trade Zones Single-Company (SCFTZ)
    • Other incentives by sector: Income tax exemption forup to 20 years • Exemption for 30 years for those who invest in the construction or renovation Tourism of hotels between January 1st, 2003 and December 31, 2017. Eco-tourism • Exemption for 20 years starting from 2003. • Exemption for 10 years after the start of production in crops planted between Late yield crops 2003 and 2014. • Permanent exemption for investment in new forest plantations, sawmilling and Forestry timber plantations. • Publishing of books, magazines, booklets or collections of scientific or cultural Editorial characteristics are exempt until 2013. New medicinal products • Exemption for 10 years for products manufactured in Colombia with high and software scientific and technological research content, starting from 2003. • Exemption for 15 years for sale (by the generators) of electricity based on Renewable energy wind resources, biomass or agricultural waste. • Exemption for 15 years starting from 2003 to provide services in slabs and River transport boats with net weight below 25 tons. Research and Technological • 175% income tax deduction over investments in scientific and technological Development developments.
    • Positioning Colombia as an export platform: 11 free trade agreements(FTA) ,allowing preferential access to over 1,500 million consumers 21 double taxation agreements (ADT) with 22 countries : Bilateral Investment Treaties(BITS): In Force 3 in force (Peru, Switzerland and Signed Spain) In 5 signed (UK, South Korea, India, Negotiation Belgium, China) 3 in negotiations (Kuwait, Japan Future and the UAE) IN FORCE SIGNED IN NEGOTIATION FUTURE • CAN (Peru, Ecuador y Bolivia) • MERCOSUR • United States • South Korea • Japan (Argentina, Paraguay, Uruguay • EFTA (Iceland and Norway) • Panama • Australia and Brazil) • Turkey • New Zealand • Chile • European Union (Signature) • Costa Rica • G2-Mexico • Israel • Dominican Republic • North Triangle • Gulf Community (Honduras, Guatemala y El Salvador) • Switzerland • Liechtenstein • Canada
    • In 10 years, exports tripled Top destinations of exports, 2010 United States •US $16.879 B •42.5% share China •US $1.967 B •4.9% share Ecuador •US $1.825 B •4.5% share Holland •US $1.617 B •4.1% shareVariation 2008 - 2009: -12.7%Variation 2009 - 2010: 21.2%Variation Jan Nov 2010 - Jan Nov 2011: 42.3%Source: DANE (National Department of Statistics)
    • Exports to the EU 1 2 3 4 5 6 7 8 9 10Total exports to the EU: 2009: 4.698.726 2010: 4.976.327 Embassy of Colombia to The Netherlands - 2012
    • Colombian Exports to The Netherlands - Nov 2010 – Nov 2011 DIFFERENCE VARIATION Sector FOB US$ FOB US$ 2010 2011 $US 2011/2010 Agrobusiness 74,482,621 162,304,127 87,821,506 118% Manufacturing and - derivatives 37,786,640 28,097,177 9,689,463 -26% Clothing 2,878,880 9,773,677 6,894,798 239% - Services 76,737 65,256 11,481 -15% Traditional 1,375,171,730 2,107,194,557 732,022,827 53% TOTAL 1,490,396,608 2,307,434,794 817,038,186 55%
    • Imports from EU 1 2 3 4 5 6 7 8 9 10Total imports from the EU: 2009: 5.103.266 2010: 5.608.210 Embassy of Colombia to The Netherlands - 2012
    • Bilateral Trade Colombia-The Netherlands Embassy of Colombia to The Netherlands - 2012
    • FDI, 2000-2010US$ Millions Embassy of Colombia to The Netherlands - 2012
    • FDI in Colombia bysectors 2009- 2010 Embassy of Colombia to The Netherlands - 2012
    • Foreign Direct InvestmentNetherlands - Colombia Between 2000 & III trimester of 2011, Netherlands invested in Colombia US$ 371,6 million. Nowadays, is the 15th country investing in Colombia and the 5th within European nations. 2011 was the most important year of Dutch investment in Colombia, due to investments in “Commerce”. Since 2008, about 92% of Dutch FDI flows in Colombia have been directed to “Commerce”, “Industry” and “Finance”Source: Banco de la República (Colombian National Bank)
    • The Netherlands FDI outflow to Colombia USD 6.25 million opening its 11th store in Villavicencio Colombia USD 84 million acquisition of MASA, oil and gas services provider EUR 75 million over the next 3 years to build a new, state-of- the-art laundry detergents factory at Palmira, Valle
    • Infrastructure Project Portfolio for competitiveness Roadways for competitiveness “Ruta del Sol” “Transversal de las Américas” “Autopistas de la Montaña” Roadway “Buenaventura – Bogotá - Cúcuta” Airports Airports granted in concession Northeast Airports “Eje Cafetero” Airports Ports Ports Railways Central Railway System Atlantic Railway “Altiplano” Train “Carare” Train Pacific RailwayMap Source: INCO
    • Colombia is also increasing its investment flowsabroad (utilities, banking and financial services)US $Million Assembly of the first 500,000-volt electric transmission system in Purchased 60% of Peruvian Peru. Investment: US $130 energy company Cálidda. Million Investment: US$ 111 Million Purchased ING companies in Acquisition of one hundred percent Chile, Mexico, Peru, Uruguay and of the Central American Bank Colombia Investment: US$ 1.9 Billion Source: Banrep Investment: US$ 3.763 Billion
    • Colombia one of thebest places to go 2011 Embassy of Colombia to The Netherlands - 2012
    • Tourism Arrival of international tourists* January-September 2010 y 2011 1,200,000 1,185,665 1,180,000 1,160,000 + 10% 1,140,000 1,120,000 1,100,000 1,077,232 1,080,000 1,060,000 1,040,000 1,020,000 1,000,000 Enero-septiembre 2010 Enero-septiembre 2011 The number of passengers on cruise ships entered the country between January and September 2011 was 247,579, a growth of 4.3% over the same period in 2010.*DASSource: DAS; Ministry of Trade, Industry and Tourism; Ports of Cartagena, Santa Marta, andSan Andrés.
    • Dutch tourism in Colombia Dutch travelers arriving to Colombia increased 14,7% on 2011. Nowadays, Netherlands ranks 16rh among all nationalities arriving to Colombia.  Bogota is the most popular destination for Dutch travelers in Colombia, although Medellin, Cartagena and Cali are also highly demanded. Colombia is the second most visited South American country by Dutch travelers. Leisure is the main objective for Dutch travelers in Colombia. Even though “Heath Services” and ranks Source: DAS
    • Complete information available on: Proexport Colombia: www.proexport.com.co Ministry of Foreing Affairs: www.cancilleria.gov.co Ministry of Commerce: www.mincomercio.gov.co http://www.investincolombia.com.co Embassy of Colombia to The Netherlands - 2012