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Colombia announces $1 billion investment

Friday, December 27, 2019

With more than 1,000 business meetings held at the recent Colombia Investment Summit 2019, the national Investment promotion agency ProColombia announced more than $1 billion in new foreign direct investment.

US conglomerate Glenfarne Group is investing $420 million in a power generation project in the Colombian Caribbean while two other investors in the renewable energy sector made announcements worth $100 million, Finance Colombia reports.