Investments and Business

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Sacyr Concesiones Colombia and the National Infrastructure Agency (ANI) have signed the act of initiation of the contract for the project "Recovery of the degraded ecosystems of the Canal del Dique", a public-private initiative which will be a load of the concessionaire Ecosistemas del Dique.(Also read: Foreign investment falls, US$ 530 million less than a year ago arrived in March) The execution of the works will imply the construction of two complexes of locks and gates: one in Calamar and another in Puerto Badel. This infrastructure will control the flow of water and prevent saline intrusion, in addition to mitigating…

Although in the first five months of the year the sale of motorcycles accumulates 286,780 units in the national market, this volume is 16.6 percent below those placed and registered in the same period of 2022. This is shown by the monthly report of Andi and Fenalco released on the morning of this Fridays, which shows, however, that only in May 56,936 motorcycles were registered in Colombia, 10.9 percent more than in April"which shows some signs of accuracy in the noticeable slowdown in this market."Also read: Car sales in Colombia fall again: in May they fell 30.1%) The cumulative drop…

Foreign direct investment in Colombia had a notable drop in the first quarter of 2023. The total amount of said investment was reduced by more than 530 million dollars, 12.2 percent less annually, going from 4,832 million to 4,305 million in the last year ended in March, according to figures reported by the Bank of the Republic.(Also read: Four mining companies left Colombia due to insecurity and uncertainty to invest) Foreign direct investment is not only represented in resources but also in machinery and equipment that are brought into the country to strengthen these investments, as well as the reinvestment…