Title: Diapositiva 1
1FOREIGN INVESTMENT IN COLOMBIA
June 2008
- The investment data as of October 2008, provided
by the Bank of the Republic, corresponds to the
Exchange Balance that exclusively measures
currency inflows from abroad. - The figures for June 2008 that detail information
by destination sector and country of origin are
taken from The Bank of the Republics Balance of
Payments, which includes currency inflows,
reinvestment of profits and capital contributions
other than foreign currency.
2Foreign Direct Investment (domestic exchange
balance)
FDI in Colombia (January-October10) USD billions
Between January and October 10, 2008, FDI
(measured by the domestic exchange balance) grew
25 as compared to the same period in 2007, going
from USD 5.4638 billion to USD 6.8226
billion. Petroleum and mining investments showed
a 32 increase, going from USD 3.6087 billion to
USD 4.7616 billion. Investments in other sectors
increased 11, going from USD 1.8551 billion from
January to October 10, 2007, to USD 2.061 billion
during the same period in 2008.
- Source Bank of the Republic. The exchange
balance exclusively measures inflows of
currencies from abroad unlike the balance of
payments, it does not take into account other
forms of FDI, such as profit reinvestment and
capital contributions other than foreign
currencies, for which reason it is subject to
periodic revisions.
3Total Investment Inflows (balance of payments)
FDI Inflows in Colombia (2002- 1st Semester
2008) USD billions
According to data provided by the Bank of the
Republics technical department, during the first
semester of 2008 Foreign Direct Investment (FDI)
in Colombia reached a total of USD 5.429 billion,
which represents a 27 increase compared to the
total recorded during the same period for 2007
(USD4.282 billion). It is worth mentioning that
in its last report the central bank adjusted the
consolidated foreign investment for the first
quarter of 2008, by moving it from USD3.146
million to USD 2.814 million.
Provisional data 2005 - 2006 preliminary
2007-2008. Source Balance of Payments, Bank of
the Republic
4Distribution and performance by sectors
FDI Inflows main sectors Participation (1st Sem
2008)
Of all the foreign direct investment transactions
received in the country during the 1st semester
of 2008, USD955 million went into the Mining and
Quarries sector, which represents 17 of the
total. amount During this period, the sector
showed a very significant increase as compared to
the 1st semester of 2007, when the net investment
registered disinvestments close to USD87 million.
Commerce, Restaurants and Hotels, with USD639
million, was the third most important sector
during the 1st semester of 2008 (12). This
amount represented a 21 increase as compared to
the USD528 million that came in during
2007. Financial Establishments participated with
an 11 share of the total FDI for the first
semester of 2008, totaling USD604 million, a
growth of over 19 compared to 2007, when the
total investment for the same period was USD508
million. Manufacturing activities had a 9 share
of the total FDI for the first semester of 2008,
receiving USD499 million, followed by Transport,
Storage and Communications at 8, totaling USD419
million in investments. Petroleum, with a 38
share, grew by 8 compared to the 1st semester
for 2007, going from USD1.942 billion to USD2.093
billion.
1st Sem USD 5.429 billion
Participation in total of sectors with a
positive net investment. Source Balance of
payments, Bank of the Republic. Proexport
Calculations
5Distribution and performace by sector
FDI Sector Activity growth or
decrement (1st Sem. 2007 1st Sem. 2008)
The Mining and Quarries sector (including coal)
showed the most dynamic performance for the
period, going from disinvestments of almost
USD87 million for the 1st semester in 2007, to
investments totaling USD955 during the same
period in 2008. The second most dynamic sector in
inflows of foreign direct investment was
Community Services, which had a 292 increase of
FDI inflows, moving from USD 17 million to USD 67
million in 2008. Transport, Storage and
Communications went from investments totaling
USD128 million between January and June 2007, to
total investments transactions of USD 419 million
during the first semester of 2008. This
performance represents a 226 increase between
both periods. Electricity, Gas and Water was the
only sector to show net disinvestments during the
first semester of 2008, with USD29.3 million
Electricity, Gas and Water
Manufacturing activity
Source Balance of Payments Bank of the Republic
6FDI Inflows by country
FDI Inflows by country (1st Sem 2008)
Participation
The United States, with USD769.2 million, was the
major source of foreign investments during the
first semester of 2008, reflecting a 29 share of
the subtotal, not including reinvestment of
profits and petroleum sector investments.
Anguilla is in second place as contributor of
foreign capital in Colombia, with 25 of the
analyzed investment, reaching a total USD674.9
million in 2008. Likewise, Spain participated
with 16 of the total foreign investment
transactions received in the country during the
first semester of 2008, registering a total of
USD424.2 million, 300 more than the same period
for the previous year, when it invested USD96.7
million. Among other countries from the Americas,
two stand out Panama with a total USD188.1
million, and Mexico with a total USD92.3 million.
TOTAL USD 2.652 billion
Source Balance of Payments, Bank of the
Republic Participation in subtotal of countries
with a positive net investment, not including
reinvestment of profits and investing in the
petroleum sector (accounts excluded from the
total investment per country and separated into
independent categories)
7Main investment ventures by sector 2008
Source Data gathered from information featured
in major national and international publications
8Main investment ventures by sector 2008
Source Data gathered from information featured
in major national and international publications.
9 Main investment ventures by sector 2008
Source Data gathered from information featured
in major national and international media
10Main investment ventures by sector 2008
Source Data gathered from information featured
in major national and international media