And will be the second most appealing country from

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and will be the second most appealing country from investment in Latin America over the next three years.” This country is a $130 billion economy and a world leader in production. It is growing at 6.8% a year. Compared to the rest of Latin America, Colombia is growing at a much faster rate than the rest of the region. More specifically their growth is two full points faster than the Latin American average. Colombia inflation rate has decreased from 18% to 5% (5. Invest in Colombia) over the past decade creating a very friendly business climate. Reasons to Invest in Colombia for Manufacturing Cosmetics
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Adkins We chose Colombia because we saw the opportunity to have human talent and innovation. In addition, there is a variety of consumers, which allows for replication of worldwide consumers. We have selected Kimberly-Clark Colombia, thanks to their experience and trajectory with more than 44 years in the market, for being at the forefront of technology, and because newly- developed products satisfy current consumer demands." Cindy Panning, Vice-president of Product Development at Kimberly-Clark (4. Cosmetics and Toiletries Sector in Colombia) In the first quarter of 2011, Colombia’s economy grew 5.1% and continues to thrive and maintain stability. The government is committed to supporting their private sector and through economic incentives such as tax breaks and friendly labor opportunities it is able to promote itself as a business friendly, profitable market for foreign investors. Colombia is a perfect opportunity for corporations to invest and develop a profitable bottom line. Currently, the country is offering a wonderful opportunity for business wanting to expand and install centers for research and development, in addition to housing centers for logistics and production. One of the fastest growing sectors within the growing market is the Colombian cosmetic industry. This is a result of the country having positive characteristics and advantages such as tax breaks for construction of factories and low labor costs with plenty of human capital available for employment. (5. Invest in Colombia) In order for businesses to maximize profitability, they must have multiple resources within a close proximity. Colombia offers just this, as they are a world leader in biodiversity. The country offers the largest per square meter availability of, mammals and birds in the region. The country also ranks second in the field of flower diversity. There are over 50,000 known species found and nearly 18,000, or more specifically 36% of them, are only found in Colombia. Due to its tropical location, Colombia features diverse ecosystems such as, savannas, natural forests, and arid, humid, snow-capped zones that allows for its incredibly diverse natural offerings. (5. Invest in Colombia) From the year, 2001 Colombia has reached an exporting platform. The commerce and exports have grown at the nearly unheard of rate of 19, 6% per year compared to its imports during the recent global recession. There are over 3,700 scheduled sea transportation trips and almost 1,000 air cargo transportation trips annually from Colombia.
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