This document provides an overview of investment opportunities in Colombia. It discusses Colombia's general economic context, growth rates, and sectors with opportunities like agriculture, mining, infrastructure, and manufacturing. Key statistics on GDP, population, trade, investment, and economic rankings are presented. The tax system and business environment are outlined. Colombia has free trade agreements, political stability, a strategic location, and growing internal demand, making it an attractive destination for investment.

1. INVEST IN COLOMBIA:
GENERAL CONTEXT,
OPPORTUNITIES BY
SECTOR AND DOING
BUSINESS.
JORGE IVÁN VALENCIA GONZÁLEZ
GESTION COMPARTIDA
Colombia
dircomercial@gestioncompartida.com
COL +57 3014108550
USA +1 3058144756
www.gestioncompartida.com

2. 2

3. Regional
Strategies
Infrastructure and
competitive
strategics
Transversal
Strategies
Pillars
Consolidation of the
social law state
Good Goverment
Social Mobility
Country and green
growth
Colombia
the most
educated
Colombia
equitative and
without extreme
poverty
Colombia
in peace
Source: DNP, 2014.
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4. VARIABLE 2014 2015 Notes
Population 47,66 Million
It´s a big market and the internal demand is permanently
increasing.
GDP Annual Growth rate 4,20% 3,50%
** Fedesarrollo Calculation. Decreased by oil international
prices and deceleration of mining and imports sectors.
GDP per capita 4.376,4 USD
Unemployment Rate 9,10% 8,50% ** Goverment Goal, one of the lowest in the last 10 years
Inflation Rate 3,66% 4%
One of the lowest and most stable of LATAM, excluding ARG
and VEN
Balance of Trade
-1,73 USD
Billion
Exports 2,87 USD Billion
Imports 5,49 USD Billion
Colombia is a big importer of goods, with the currency
variability we can improve and revert this tendence with a
national production by industry.
Foreign Direct Investment
3.569 USD
Million
The most important countries which invest in Colombia are
United States, Spain, Chile and England. This is currently in
growth tendency in the last 10 years.
Nominal exchange rate
COP/USD (end of period)
2.392,46 2.583,20
It was stable in 2013 and 2014 with an average of 2000 it
increases 35% in one month.
Minimum Salary in US Dollar 238,46 249,44
Poverty rate 29,30% 25% of decrease in the last 4 years
Extreme Poverty Rate 8,50% 32% of decrease in the last 4 years
Source: DNP, DANE, Ministerio de Hacienda and Banco de la República, 2015
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5. Highlight Stability >4%
Source: www.tradingeconomics.com; Peru INEI,
Colombia DANE, Belgium National Bank,
Mexico INEGI, Spain INE, Usa Bureau of
economic analysis.
-3.00%
-2.00%
-1.00%
0.00%
1.00%
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
Belgium Spain Mexico Colombia Peru Chile United
States
Economic Growth
GDP Annual Growth Rate (Percent change in gross domestic product)
2012
2013
2014
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6. Country 2014 Ranking
Spain 33
Colombia 34
Peru 35
Mexico 39
Chile 41
Belgium 42
Panamá 52
Costa Rica 83
Ecuador 115
Brazil 120
Argentina 124
Venezuela 182
Position Changes
Colombia
Panama
Costa Rica
Mexico
Peru
Venezuela
Ecuador
Chile
Brazil
Argentina
Source: Ranking Doing Business World Bank Group, 2014.
¡Colombia is in the second position
concerning getting credit, with the
leaders New Zealand and United
States!
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7. Proyecciones de Fedesarrollo
Para 2015 se espera un crecimiento del 3,5% con riesgos a la baja principalmente
por minería
Variación anual del PIB
3,5
0,6
8,3
15,0
0,5
4,8
4,8
3,4
-1,1
4,3
8,9
3,0
3,7
3,5
-2 0 2 4 6 8 10 12 14 16
Agropecuario
Minería
Construcción de edificaciones
Construcción de obras civiles
Industria manufacturera
Resto de sectores
PIB
%
2015 2014
GDP - Annual Growth %
Other sectors
Industry
Construction of civil infrastructure
Construction housing and buildings
Mining
Agriculture
Source: Fedesarrollo, 2015.
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8.  Coffee and flowers production
increased higher than 5%.
 Deceleration in other cultivations
and cattle business.
 CEO of SAC (Sociedad de
Agricultores de Colombia) estimated
a growth between 2,5% and 3,6%.
 Fedesarrollo Forecast 3,4%.
Source: Invest in Colombia – Procolombia, 2015
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9.  Depreciation will influence
positively.
 REFICAR (Refinería de Cartagena)
will star work in the second
semester of 2015.
 Negative effect of the ecuatorian
safe guarding reverted by exclusion
of industrial goods and future
removal of measures.
 Fedesarrollo Forecast 3%
Source: Invest in Colombia – Procolombia, 2015.
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10.  Coal production reaching 100
million tons.
 Oil production decreasing 3% and
low international barrel price.
 Metal minerals recovering until
2016.
 Non metal minerals dynamized by
construction.
 Enviromental licensing.
 Conflict with communities in
producing regions.
 Fedesarrollo Forecast -1,1%
Source: Invest in Colombia – Procolombia, 2015
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11.  It will still be the engine of economy.
 The best way for Colombia to be a
competitive country is to overcome
its weaknesses through
infrastructure.
 Whole development and
improvement of roads by private
and public investment and
concessions.
 Challenge to reduce logistics cost
for the improvement of roads and
use of seaways and rail ways.
 Development and improvement of
the cargo ports and airports.
 Fedesarrollo Forecast 6,9%.
Source: Invest in Colombia – Procolombia, 2015
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12. Group Road Lenght (Km) Total CAPEX Status
1 Girardot-Honda-Puerto Salgar 212,6 USD 459 Million Awarded
2 Mulaló-Loboguerrero 31,82 USD 596,5 Million Bidding in process
3 East Cundinamarca Perimeter Corridor 156,6 USD 565 Million Awarded
4 Cartagena-Barranquilla 146,7 USD 479,5 Million Awarded
Autopistas para
la prosperidad
grupo 1
Autopista al río Magdalena 2: Remedios
Puerto-Berrio
150 USD 686,5 Million Awarded
Autopista Conexión Norte: Remedios-
Caucasia
145 USD 491,5 Million Awarded
Autopista Conexión Pacífico 1: Ancon
Sur-Bolombolo
49,7 USD 895 Million Awarded
Autopista Conexión Pacífico 2:
Bolombolo-La Primavera
97,78 USD 456 Million Awarded
Autopista Conexión Pacífico 3: La
pintada-3 Puertas
142 USD 650 Million Awarded
Autopistas para
la prosperidad
grupo 2
Autopista al río Magdalena 1: Pradera-
Alto de dolores
161 USD 1.006 Million Awarded
Fourth Generation (4G) Road Concessions Projects - First Wave Projects
Source: National Infrastructure Agency Projects, 2014.
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13. TAX TYPE MAIN ASPECTS
General Income Tax Rate
General Income Tax: 25%
Capital gains: 10%
Income Tax for Equality - CREE 9%
Value Added Tax VAT
General Rate: 16%
Special rates: 0% - 5%
Consumption tax
vehicles /telecommunications/ food
and beverages
4%, 8% and 16%
GMF (debit tax) 0,40%
Industry and commerce tax (ICA)
From 0.2% to 1.4%, depending on the
municipality
Real State tax
From 0.3% to 3.3%, depending on the
municipality
Wealth tax
From 0,2% to 0,8%, over aprox USD
450.000 of equity.
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14.  High protection to investors, fast
growth in foreign direct investment.
 FTA (Free trade agreement) with 50
countries (including United States
and European Union).
 The 3 most important things in the
last year (2014) was the general
decrease of oil price, because this
affects the nation budget (Colombia
is an important exporter of oil with a
6-9% of GDP) The Currency and
the effect of the Dollar-Peso, which
increased in 35% the cost of imports
and the tax reform because will
generate a moderate level of taxes
for the foreign investor and
entrepreneurships (Wealth TAX and
CREE).
 Respect for private and intellectual
property.
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 Colombia is the only South
American country with a privilege
access to two oceans, Atlantic and
Pacific.

15.  The goverment has as a goal to
increase the port capacity in a
70% through out the spreading of
existing ports, construction an a
public services ports and dragging
of the access canals
 Advance in national security and
the peace process.
 Colombia has an internal demand
in development, which supports
the economic growing and it
becomes an invitation to new
investors. The local consumers
now trust more the national
market, low unemployment and
increase in the acquisition
capacity.
 Colombia has one of the most
important public initiatives, for
improvement and construction of
8.170 Km of roads, estimated in
US $24.4 billion.
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 Country with the highest diversity by
square meter, is consider one of the
seventeen most diverse countries in
the planet.
 Boom in natural resources.