Yellow Papers / Colombia | The 3 sectors with the highest growth expectations in 2023

As we have told you on some occasions, since 2015 we have been operating in Colombia, specifically in Bogotá and Cali, where we have a team focused mainly on the areas of Internationalisation and Personnel Selection & HeadHunting.

Well, when we talk about internationalisation services in this country, we mean that we have helped numerous companies; some were starting a commercial development for the first time, others had been in the country for years with established commercial subsidiaries or with their own commercial or multi-portfolio agents and even in other cases, with companies that had a logistics and/or production centre. 

Our experience over all these years has validated that Colombia goes beyond coffee, chivas and its typical sweets and that we are talking about a great country with numerous business opportunities, especially for some specific sectors. Do you want to know what they are? Well, our Colombian team tells us that these are the most interesting ones:

INDUSTRIAL MACHINERY

The disruption of the supply chain and the scarcity of raw materials have meant that many Colombian companies have decided to put an end to this dependence and have opted to set up manufacturing plants in the country itself.

FOOD & AGRICULTURE

This sector is of vital importance in this country, as it helps to compensate for the fundamental needs of the citizens, such as eating, while at the same time creating employment with new factories producing agricultural products.

CONSTRUCTION

The construction sector has gone hand in hand with the industrial sector. On the one hand, they are covering the need to modernise industrial facilities and at the same time, this is a country where they are currently starting up infrastructure projects such as bridges, roads, ports, railways, electric power plants, hydroelectric plants, etc. Housing construction is another area that is experiencing particular growth.
In short, and taking into account our experience, we are talking about a great country with numerous business opportunities, especially for the sectors we have mentioned.
It is a country which, both for its current economic situation and for the recovery from the pandemic, is a key investment destination at this time.