14 investment promotion agencies signed a memorandum of understanding Barranquilla to formalize the formation of the national network of investment promotion agencies.
(Read: Regulations for the operation of the regional electricity market in the Andes have been approved)
The national network of investment promotion agencies, red investment, It is an initiative that stems from the need to structure a joint work plan led by the regions.
“Foreign direct investment has become an engine of economic and social development for the Colombian economy, so this joint work will be of great value in facilitating the arrival of larger investment flows to the country,” said Isabella Muñoz, director of Invest in Bogotá and chairman of the Network Investing.
The company jointly and articulately strives for the transfer of good practices and successful experiences, the facilitation of knowledge management and the ability to jointly participate in dialogues and the formulation of public policy guidelines related to investments, trade and internationalization.
(You may be interested in: Mario Andrés Ramírez, new executive president of Fedelonjas)
Red Invest will work on three lines of cooperation:
● Identification of barriers to direct investment in the regions to prepare an action plan to remove these barriers and thus facilitate the arrival of new investment.
● Positioning of the regions through the development of an integrated communication strategy in collaboration with ProColombia.
● Exchange of good practices.
“For ProBarranquilla It was an honor to host in Barranquilla our counterparts from 13 departments in Colombia, representing 60% of the total number of agencies in the country. Barranquilla became the headquarters of the II National Assembly of the Agencies, today formalized as Red Invest, an articulated work commitment that will undoubtedly serve to strengthen our organizations and unite our voices in conversation spaces of a national nature,” said Vicky. executive director of ProBarranquilla.
The II Meeting of Red Invest had the participation of Julio Puentes, Vice President of Investments of ProColombiaa strategic ally for the promotion of the country in investment, tourism and export.
“From ProColombia under the leadership of the Ministry of Trade, Industry and Tourism, we celebrate these efforts that contribute to the strengthening and alignment between the regional investment promotion agencies and our entity, to encourage the arrival of foreign direct investment with a sustainable vocation, enabling us to support the economic reactivation and development of the country’s human capabilities,” said Puentes.
(Read also: McDermott will answer for the arbitration ruling in favor of Reficar)
Similarly, the National Planning Department of the DNP, through its Deputy Director of Productive Development, Mónica Ortíz, presented the reindustrialization policy of the Government where, among other things, they shared the strategic bets and opportunities for joint work with regional agencies regarding the identification of strategic investment projects, assessment and proposals for incentives to attract knowledge, the development of the national investor guide.
Finally, Maria Paula ArenasDirector of Foreign Investment and Services of the Ministry of Industry and Trade presented the Foreign Trade and Investment Policy, highlighting the investment facilitation strategy, including cooperation with national regulators such as Dian, Invima and the ANLA.
Investment promotion agencies are generally private, not-for-profit organizations that work for the economic development by attracting direct investment, that is, they are the entities responsible for seeking out and guiding both national and foreign companies in their processes of opening or expanding physical operations in an area.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
