Transcript Colombia - Nove International

General
Facts
Important Facts
Ports on both Atlantic and Pacific
Major Distribution Center – strategically
located as a key distribution center to the
Americas
Rapidly expanding middle class
Large oil and gas reserves in Meta,
Casanare, Arauca departments
Conveniently located:
- Chicago to Bogotá– 6 hours
- New York to Bogotá– 8 ours
- Los Angeles to Bogotá – 9-11 hours
Demographic
Information
Population Size and Density
Colombia is a major country with several investment markets
Colombia is the world’s 28th largest country in terms of
population – 45 million
City Population
Qty. of Cities
> 1 million
5
500K – 1 million
4
200K – 500K
7
100K – 200K
30
9 cities with populations over 500,000
2009 Population
Bogotá, with nearly 8 million inhabitants, is the 28th largest city
in terms of population
75% of the population resides in urban areas;
Estimated that Colombia will the
Western Hemisphere by 2050;
4th
largest country in the
63% of the population is younger than 35, and 83% is younger
than 50;
Bogotá
Medellín
Cali
Barranquilla
Cartagena
Cucuta
Bucaramanga
Ibagué
Soledad
7,260,000
2,317,000
2,220,000
1,179,000
934,000
612,000
523,000
521,000
520,000
GDP Growth
Economic
Indicators
2000-2010
Colombia’s GDP growth has been remarkably stable in the last 10 years
15%
10%
5%
0%
2000
2001
2002
2003
2004
2005
2006
2007
2008
-5%
-10%
-15%
Brazil
SOURCE: IMF for historical, EIU for projected, 2010
*Note: 2009 figures are estimated
Chile
Colombia
Mexico
Peru
2009
2010
Colombia and World GDP Growth (%)
Economic
Indicators
2000-2010
Colombia’s economic growth stands out compared to the rest of the world
8.0%
7.5%
6.8%
6.0%
5.7%
4.6%
4.7%
4.0%
3.1%
2.2%
2.0%
2.5%
2.5%
2.5%
0.4%
0.0%
2000
2001
2002
2003
2004
2005
2006
2007
-2.0%
-4.0%
World
SOURCE: DANE (National Accounts), DNP, EIU (Market Indicators & Forecasts)
*Note: EIU world forecast
Colombia
2008
2009
2010
GDP per Capita
Economic
Indicators
2000-2010
Colombia’s per Capita income is growing faster than many
other Latin American countries
12,000
10,000
8,000
6,000
4,000
2,000
0
Peru
2010
Colombia
2009
2008
Argentina
2007
2006
Mexico
2005
Chile
2004
SOURCE: IMF; EIU, 2010
2003
2002
2001
2000
Brazil
Inflation
Economic
Indicators
1981-2008
Colombia’s inflation rates have remained markedly stable
30
25
20
15
10
5
0
2000
2001
2002
2003
2004
2005
2006
2007
2008
-5
Argentina
SOURCE: World Bank, 2010
Brazil
Chile
Colombia
Mexico
Peru
Exports by Sector (USD mil, FOB)
Major Exports
1999-2008
Colombia’s economy is 3x larger than it was 8 years ago
40,000
35,000
Oil and coal exports:
30,000
- 45% of total export value
- 7% of GDP
25,000
20,000
15,000
10,000
5,000
0
1996 1997
1998 1999
Industrial & manufactured goods
SOURCE: DANE, 2009
2000
2001
2002
Petroleum and derivatives
2003
Coal
2004
2005
2006
Agriculture, livestock, forestry
2007
Coffee
2008
Mining
Foreign Direct Investment by Sector (%)
Economic
Indicators
2005-2009
Colombia offers many investment opportunities
Construction, 2.6%
Retail, Rest., Hotel, 7.4%
Community Services,
0.4%
Agriculture, 0.2%
Financial Firms, 8.2%
Petroleum, 27.7%
Transp., Comm., 8.2%
Mining, 22.1%
Manufacturing, 23.2%
Tourism 2000 - 2009
Tourism
Million Visitors
Tourism in Colombia has nearly tripled in the last 8 years
2
1.75
1.5
1.45
1
.61
0.5
0
2000
2001
2008-2009 Variation:
17.2%
SOURCE: DAS
Note: Cruises included
2002
2003
2004
2005
2006
2007
Series2
2008
2009
Student Enrollment
Education
Bogotá, 2002-2008
Student population has increased by over 60% since 2002
2008
2007
2006
2005
2004
2003
2002
0
SOURCE: Ministry of Education, Colombia
20,000
40,000
60,000
80,000
100,000
120,000
140,000
Homicides per 100,000 Inhabitants
Safety &
Security
2008
Bogotá is safer than many of the popular investment markets today
40
35
30
25
20
15
10
5
0
40
17
3
4
5
10
18
29
18
19
20
SOURCE: Bogotá Camber of Commerce, based on information issued by AméricaEconomía Intellenge
and the Bogotá Metropolitan Police; FBI
21
22
Business
Environment and
Operational Risk
Executive Summary
Colombia
The Colombian Government has proven its commitment to generating the most favorable
conditions for domestic and foreign investment instruments, including the creation of
numerous free-trade zones, tax incentives and legal stability contracts.
In the last few years, Colombia has experienced a marked improvement in its macroeconomic
performance, internal security and stability for business. As a result, economic and social
indicators have improved dramatically.
Based on a variety of indicators, Colombia has achieved solid structural growth