Colombia also benefits from their air traffic

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Colombia also benefits from their air traffic situation. Easy access to and from airports is key in global productivity and as a result of location Bogota’s airport has positioned itself as the number
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Adkins one ranking Latin American airport in terms of cargo movement in and out of the country. (4. Cosmetics and Toiletries Sector in Colombia) One area where Colombia could seek to improve and thus help its economy is improving the infrastructure of the country with special focus on transportation, making it even more appealing for companies to seek Colombia as a regional trading hub. Colombia’s advantages gives it a significant competitive leg up on it competition. 75% of the world’s shipping companies are involved in some manner with imports and exports in Colombia. Fifteen of these companies are among the worlds’ busiest, most profitable and, therefore, important. There are approximately 3,700 scheduled shipping routes. Nearly 1000 scheduled flights transport cargo. The presence of the largest ships in the world in Colombia and convenient marine connections with the rest of the world. Colombia’s consumer base is staggering as they have access to over 1.5 billion consumers. Their government’s ability to set a goal to establish free trade agreements and effectively pull it off with countries around the region and world has created a new bloom on its economic flower. The purpose of this proposal is only beginning to be seen as new economic alliances now include 11 agreements with 48 countries. (4. Cosmetics and Toiletries Sector in Colombia) Within the region, Colombia is one of the leading countries for the availability and quality of human capital. At the forefront of this is the quality and availability of education. Due to the quality of education, Colombia is a leader in having the most competitive and capable workforce in the region. As a result, this only strengthens an already excellent business environment. In Colombia, you will find the second-highest availability of trained workforce in the region. With Brazil, Argentina and Mexico combined; it has the most competitive managers in the region. (5 Invest in Colombia) University Education 10=Fulfills competitive economy needs Source: IMD World Competitiveness Yearbook 2011 There are more than 120,000 professionals and technicians available to work in the cosmetics and cleaning sector. 8.4% of all graduates in the country’s university and technological areas are trained in the cosmetics sector. Over the last 10 years, there has been a 14% annual growth in the training of staff for specialization degrees, masters, and doctorates. (4. Cosmetics and Toiletries Sector in Colombia)
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Adkins Along with Colombia’s most extensive workweek, the country provides very competitive labor costs. A reason for the country’s competitive salary levels lies in the base of the pay system and its associated workload. Colombia has the longest daytime working hours in Latin America.
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