“This is an investment-friendly country with huge
potential; its GDP is rising very quickly and the country
enjoys sound tax policies and a large workforce. Colombia
is a very attractive market for PepsiCo, especially in the
food and beverages sector.”
Indra Nooyi, President and Chief Executive Officer,
PepsiCo, 4th Summit of the Americas, April 14, 2012.
L ib erta
y O rd e n
WIDE RANGE OF
World-class agribusiness sectors:
BOVINE MEAT; CHOCOLATE AND
CONFECTIONERY PRODUCTS AND
RELATED RAW MATERIALS; PALM, OILS,
AND FATS; AND SHRIMP CULTIVATION.
Productive Transformation Program, 2011.
More than half of the soil that could
be used for farming is located in 7
ANGOLA, ARGENTINA, BOLIVIA,
COLOMBIA, BRAZIL, CONGO, AND SUDAN.
Latin American country with the
greatest annual precipitation
rates, and holds the 10th spot
worldwide. FAO, 2011.
country in Latin America with
available lands for agricultural
production. FAO, 2011.
Colombia’s tropical location provides various climates with altitudes above sea level, going
from 0 ft
( 75 F) to 13,125 ft ( 43 F). Earthtrends, 2011.
Between 2010 and 2012, the GDP share for
the Colombian agricultural sector increased
by nearly 5%. The National Administrative
Department of Statistics (DANE).
According to the agro-ecological zoning map,
Colombia’s agricultural potential covers 12.7% of
the national territory, that is,
2012, Latin America´s agriculture sector GDP share.
Colombia’s agricultural production has risen
by nearly 16% between 2002 and 2012.
Agricultural Statistics, Ministry of Agriculture
and Rural Development (Ministerio de
Agricultura y Desarrollo Rural, MADR).
Agustin Codazzi Geography Institute (Instituto
Geografico Agustin Codazzi, IGAC) and the
Colombian Agricultural Institute (Instituto
Colombiano Agropecuario, ICA), 2011.
million acres are intended for agricultural
production of which 71.9 million acres are for
livestock, 7.1 million acres are for agriculture,
8.8 million acres are woodlands, and 4.4
million acres are for other uses. Agricultural
Statistical Yearbook-MADR, 2011.
THE SECTOR WITH THE
In 2012, Colombia was the second
country in the region with the highest
Gross Domestic Product share (6.9%)
in the agricultural sector. Economist
Source: EIU, 2012.
IMPORTANT FOREIGN COMPANIES CHOOSE COLOMBIA
AS AN INVESTMENT DESTINATION
Pronaca, Ecuador: The meat company arrived in
Colombia in 2005 with Mr. Cook product line. It is a
supplier chain of McDonald’s fast food restaurants.
Danone, France: This company entered the
Colombian market through an association with
Alqueria, opening a manufacturing plant in Cajica,
Mondeléz, Kraft Foods, United States: This
American multinational acquired Kraft Foods, which
invested to expand its manufacturing plant and
confectionery shop in Cali.
OPPORTUNITIES IN THE
The growing production of oil palm and sugarcane requires
new biorefineries and biomass facilities and development
of transesterification techniques to transform sugarcane
and oil palms into biodiesel.
Olmue, Chile: This fruit company built a fruit
processing facility in Valle del Cauca.
Source: Main dailies and newspapers.
Construction of manufacturing plants for processed foods
like pulps, jams, canned food, sauces, and other fruit and
vegetable products to introduce them to the domestic
market and to search for export markets.
Colombia has appropriate mainland and maritime zones
available to grow different species like cod fish, trout,
grouper, bocachico, and palmaro fish, etc. Colombia’s
geographical location, climate and temperature also allow
shrimp cultivation all year round.
COLOMBIA AS AN
BENEFITS TO INVESTORS EXPORT PLATFORM FOR
IN THE COLOMBIAN
Privileged logistic location with access to the
Atlantic and Pacific oceans, only:
Late yield crops: 10 year income tax exemption starting at the beginning
of production in late yield crops such as cocoa, rubber tree, oil palm, citrus,
and other fruits planted until December 31, 2014.
Income tax exemption for forestry: Permanent income tax exemption for
investment in new forest plantations and sawmills.
Forestry Incentive Certificate (CIF): The Government refunds up to 50% of
the costs of establishment and maintenance (up to five years) of new timber
plantations, for specific native and non-native species. This benefit excludes
other publicly funded incentives, such as the income tax exemption.
Plan Vallejo Programs: Under these programs, goods such as certain
capital goods1, raw materials, inputs, and parts may be imported with total
or partial exemption of import taxes (customs duties and VAT). These
benefits are subject to certain export commitments.
Free Trade Zones (FTZ): FTZ are areas in which companies may undertake
industrial activities, taking advantage of tax and customs benefits, such
as a reduced income tax rate and no import duties over equipment and
raw materials brought from abroad. No export commitments apply. Purely
agricultural projects cannot be developed under the FTZ regime; industrial
transformation of agricultural raw materials must take place.
1. Covered capital goods are those listed in Resolution 1148
of 2002 of the Ministry of Trade, Industry and Tourism.
6 DAYS BY SHIP
3 HOURS BY PLANE FROM THE US
11 DAYS BY SHIP
11 HOURS BY PLANE FROM EUROPE, RESPECTIVELY
International Air Transport Association (IATA) and
Airlines Information processed by Proexport.
free trade agreements in
force, including partial
scope agreements, five
signed and three in
negotiation. Ministry of
Agribusiness exports // 2002-2012 - USD Millions
Ministry of Agriculture and Rural Development: It develops, manages, and evaluates the policies that promote
competitive, fair, and sustainable development of agricultural, forestry, fishing, and rural development procedures
applying decentralization, agreement, and participation criteria with the purpose of improving the quality of life of
The Productive Transformation Program (PTP) is an alliance between the public and private sectors driving productivity
and competitiveness in industries with high exporting potential through better coordination efforts.
Proexport is the Government office in charge of attracting foreign investment, supporting nontraditional exports and
promoting the country as an international tourism destination.