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Foreign direct investment to Colombia dips

Tuesday, April 15, 2014

Foreign direct investment in Colombia fell 5.1 percent in the first quarter versus the same period a year ago, according to preliminary central bank data.

The Andean nation received $3.64 billion from January to March, down from $3.84 billion in the same three months of last year.

Investment in the oil and mining sector, by far the largest recipient of foreign investment, was almost unchanged at $3.05 billion, accounting for 84 percent of the inflows.

Source: Reuters