INSUBCONTINENT EXCLUSIVE:
Domestic investment has surged at its fastest pace since President Petro took office.The latest figures show a 4% growth from July to
September 2024, marking the second consecutive quarter of growth after a year-long decline.This upturn in domestic investment is crucial for
It drives job creation, business expansion, and overall stability
The 22.7% jump in gross capital formation represents substantial funds flowing into various sectors of the economy.Construction and
infrastructure projects led this growth with a 12.8% increase
Companies invested heavily in new machinery and equipment, up 5.9%.Agricultural investments also saw a significant rise of 11.8%
(Photo Internet reproduction)However, not all sectors shared this optimism
Housing construction dropped by 9.1%, reflecting ongoing challenges in the real estate market.Investment in intellectual property and
investments flourish, foreign direct investment (FDI) in Colombia has reached a concerning milestone
traditional industries have made international investors cautious
