Why Medellín?
Welcome to Medellín, a dynamic, vital city that stimulates the efficient operation of productive activities. City doors are open to the world, for investment, project development and alliances.
Medellín represents over 8% of the national GDP, and produces nearly 55% of Antioquia’s department GDP. More than 50% of the Medellín and the Aburrá Valley GDP originates in financial services and in the manufacturing industry, which centers mainly on food, textile-clothing, and chemical products sub-sectors.
Furthermore, quality education is our great tool for social transformation: We invest 40 % of the municipal budget in several educational projects, which embrace topics related with culture, entrepreneurship and science.
In the 20th century we were known as the industrial city of Colombia and our challenge and endeavors for the 21st century aim at making Medellín the Latin America’s capital for entrepreneurship and innovation. Through our entrepreneurship program, Cultura E, we promote the creation of new companies that satisfy the needs of strategic economic sectors of the city, leaning on the creative and resourceful potential of our people.
Why Invest in Medellín?
1. Because We have the competitive and innovative human talent your organization needs. We invest 40% ot the municipal budget in education.
2. Because We have a solid economy that represents 8% of Colombian GPD, and an important political stability to favor investments.
3. Because We are committed to the consolidation of our strategic cluster: Electric power, Construction, Textile / clothing, design and fashion, and Business tourism sector. This includes an investor portafolio with tools and information on these sectors, as well as with specific opportunities for investment.
4. Because We have a strong entrepreneurial structure.
5. Because from Medellín you will be able to directly attend a growing market of 44 million potential customers, and indirectly, thanks to present – day commercial agreements or to those now in process, of over 1 billion consumers.
6. Because We are a transparent city.
7. Because We offer a cost effective site to settle your investment.
8. Because in Medellín life has recovered its value.
9. Because in the last year we attracted 9 new investors and are now accompanying over 80 potential investors. Besides, We are working with the 101foreing capital companies settled in our region.
10. Because We rely on the Agency for Cooperation And Investment, in charge of leading the internationalization process of the city, and backing the already established or potential inverts an cooperators.
Further information:
A.C.I
Agencia de Cooperación e Inversión de Medellín y el Área Metropolitana
Telephone: ( 57-4 ) 381 10 00
Fax: (57 – 4 ) 381 31 48
www.acimedellin.org