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Sale of energy company boosts Colombia FDI

Tuesday, March 28, 2017

Foreign direct investment in Colombia increased 15.8 percent in 2016, almost entirely because of the $2 billion sale of energy company Isagen to Canadian asset manager Brookfield.

Total FDI went from $11.7 billion to $13.6 billion, meaning FDI would have slightly dropped had it not been because of the mega sale of one of the country’s largest energy producers.

Source: Colombia Reports