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Petroleum FDI down in 3Q12 but still up over 2011

Friday, January 4th, 2013 Category: Regulations & Policy
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Petroleum FDI down in 3Q12 but still up over 2011

According to a Central Bank report, the the oil, mining and quarrying sector accounted for over half of Foreign Direct Investment (FDI) in Colombia between January and September 2012. The commerce and hotels sector accounted for 9% while transport and communications accounted for 10% of FDI. The FDI for electricity, gas and water was 5% and 10% for manufacturing. Meanwhile, other sectors contributed 12% of the FDI.

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