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Colombia is the El Dorado of foreign investment: minister

Monday, October 29, 2018


Today and tomorrow, some 300 foreign investors will take part in Bogotá in this year's Colombia Investment Summit to discover what the trade minister describes as "the new El Dorado" of investors in Latin America.

The minister, José Manuel Restrepo, underlined the economic stability, the political leadership and the openness to foreign markets that has been drawing $14 billion a year of foreign investment to the country.

"This is a good moment in which to draw up a foreign investment strategy after 15 years of a reduction in poverty and market oriented policies," Restrepo said.