Business Opportunities in Colombia

Major multinational corporations includingjapanese companies, have chosen Colombia
as an investment project destination

Trading Relationship between Colombia and Japan
Japanese investment on Colombia
from 2010 – 2015 was US$286 million.
17 times bigger when compared to
2004-2009 (US$ 15,9 million)

Over 80 japanese companies arepresent in Colombia

96,5% invested on non
traditional exports

Japan is the No. 1 investor from
Asia in Colombia.
Source:Portafolio, May 2016

Trading Relationship between Colombia and JapanTABLE OF CONTENT
Over 80 japanese companies are

Japanese investment on Colombia
from 2010 – 2015 was US$286 million.
17 times bigger when compared to
2004-2009 (US$ 15,9 million)• Infrastructure and Logistics• Energy•96,5%
Agribusiness
invested on non• traditional
Manufacturingexports• Services• Real Estate
Japan is the No. 1 investor from
• AsiaCapitalFunds
in Colombia.

present in Colombia

Source:Portafolio, May 2016

INFRASTRUCTURE AND
LOGISTICS

Sectors of opportunity – Infrastructure:
Some niche opportunities:

A major driver for growth

US$ 900 million in improvements for 47 airports (2015 – 2018)
US$1.4 billion between 2015 and 2018 to improve ports
infrastructure

Airports

Ports

Roads

Fluvial Nationalplan

US$ 17 billion to increase road infrastructure:
7.000 Km of Highways
1.400 Km of Double Lane Highways
141 tunnels
1.300 Viaducts
US$ 1.8 billion to improve the navigability of Magdalena river
US$ 53 million: More than 900 km railways under adjustments

Step railways

PPP law 1508 in force since 2012.

Source: Ministry of Transport - Exchange rate US$=COP$3.000

Sectors of opportunity - Infrastructure:

A major drive for growth

Spain

Austria

In 2014, Iridium awarded
two road concession
projects in thegovernment’s “highway
concession program(4G)”.
Those projects total 78Km.

Strabag will be incharge of 75 Km of new
highways, themodernization of a 65
km section

Source: Procolombia based on national press

IsraelChina

HEC will build “The mar 2
Shikun & Binui awarded thehighway” that will improve
project “Corredor
the logistic development at
Perimetral de Oriente de
the northeast region of theCundinamarca = 153 km
country. Total project length
length ”
246 km.

Road InfrastructureFirst Wave

More than US$4,6 billion In investment

10 Projects Awarded

PROJECT

CURRENT STATEPUERTA DE HIERRO – PALMAR DE
VARELA Y CARRETO –CRUZ DEL
VISOAwarded on 19/05/2015

TRANSVERSAL DEL SISGAAwarded on 28/05/2015

VILLAVICENCIO - YOPAL

Awarded on 02/06/2015

SANTANA – MOCOA – NEIVA

Awarded on 09/06/2015

SANTANDER DE QUILICHAO POPAYÁN

Awarded on 16/06/2015

MAR 1: TÚNEL DE OCCIDENTE –SANTAFÉ DE ANTIOQUIA BOLOMBOLO

Awarded on 30/06/2015

BUCARAMANGA –BARRANCABERMEJA – YONDÓ

Awarded on 06/07/2015

PASTO – RUMICHACA

Awarded on 24/07/2015

MAR 2: CAÑAS GORDAS –URAMITA – MUTATÁ – EL TIGRE –
NECOCLÍ

Awarded on 21/09/2015

PUERTA DE HIERRO – PALMAR DE
VARELA Y CARRETO –CRUZ DEL
VISOAwarded on 19/05/2015

More than 1.100 km Involved
Source:ANI National Infrastrucure Agency, March 2016
DNP Planning National Department, March, 2016

Second Wave
PROYECTOESTADOPUERTA DE HIERRO – PALMAR
DE VARELA Y CARRETO –CRUZ
DEL VISOAwarded on 19/05/2015

TRANSVERSAL DEL SISGAAwarded on 28/05/2015

VILLAVICENCIO - YOPAL

Awarded on 02/06/2015

SANTANA – MOCOA – NEIVA

Awarded on 09/06/2015

SANTANDER DE QUILICHAO POPAYÁN

Awarded on 16/06/2015

MAR 1: TÚNEL DE OCCIDENTE –SANTAFÉ DE ANTIOQUIA BOLOMBOLO

Awarded on 30/06/2015

BUCARAMANGA –BARRANCABERMEJA – YONDÓ

Awarded on 06/07/2015

PASTO – RUMICHACA

Awarded on 24/07/2015

MAR 2: CAÑAS GORDAS –URAMITA – MUTATÁ – EL TIGRE –
NECOCLÍ

Awarded on 21/09/2015

More than US$4,7 billion In investment

9 Projects AwardedMore than 1.700 km Involved
Source:ANI National Infrastrucure Agency, March 2016
DNP Planning National Department, March, 2016

Third Wave

PPP Public Initiative
2 Projects Awarded

Source: Ministry of Transport , March, 2016

Fourth Wave

PPP Private Initiative
Source: Ministry of Transport , March, 2016

Railway InfrastructurePhase 1: Existing railways are being repaired

through a Public Initiative
Dorada – Chiriguaná Corridor
Awarded to: Unión Temporal
Ferroviaria Central.*Investment Cost: US$ 36,334,218
Bogotá – Belencito Corridor
Awarded to: Dracol Líneas Férreas.
Investment Cost: US$ 34,567,487

Total Lenght: 875 km

Achievements: Rehabilitationof therailwaycorridorsbetweenBogotá –Belencito and La Dorada – Chiriguaná
Source: National Infrastructure Agency–AN, 2015. TRM: $2.500*Unión Temporal Ferroviaria Central is formed by: Construcciones Rubau S.A. (33%), Sonacol S.A.S. (33%), Rahs Ingeniería S.A. (33%) and Ferroviaria
Central S.A (1%).
** Dracol Líneas Férreas is formed by: Dragados IBE Sucursal Colombia (35%), Vías y Construcciones S.A. (35%) and Constructora Colpatria (30%)

Once Phase 1 is completed, Phases 2 and 3 will begin throughPrivate Initiatives

Phase 2•••

Corredor Férreo Central
Second track Bogotá – Belencito
CorridorTrains near Bogotá – Cundinamarca
Phase 3•••••Carare Train
La Tebaida – La Dorada (Central
Mountain Range tunnel)
Chiriguaná – Dibulla
Buga – Loboguerrero Railway
Cúcuta – Central Railway

Estimated Investment
US$ 120 million annually

PTO.
BOLIV
AR
STA
MARTA

Phase
1 Short
term
Phase
2
Mediu
m termPhase
3 LongTerm

CIÉNAGABARRANQUILLACHIRIG
UANÁ

PTO
BER
RÍO

VIZCAÍ
NA

LA
DOR
ADA
LA
TEBAID
A

DUIT
AMA

BELE
NCIT
O

BOGOTA
D.C.

BUENAVEN
TURA

Source: National Infrastructure Agency–AN, 2015. TRM: $2.500

Project: Los Llanos Train
LlanosOrientales

 Strategic project that covers the Apiay - Rubiales route. Also includes the construction of a railway provided with steel
plates for oil transportation in trucks.
 The project developers plan to sign preliminary agreements with Pacific Rubiales to transport crude covering the sameroute.

Investment*: US120 Million

PPP Private Initiative*Estimated. * TRM: US$/COP: 3.000

Project: Train of the PacificPacific Region

 Project that seeks to connect through the central railway, local cargo from the Pacific Ocean to the Atlantic Ocean up
to the ports located in the Caribbean.
 SIZE: 1.088 kilometers. More than 150 train cars and 10 train engines.
 CAPACITY: More than 30.000 tons per month.
 PROJECT TIMING: 30 years.
 EXPECTED TIMELINE FOR INVESTMENT: 6 years

Investment*: US1.800 Million

PPP Private Initiative*Estimated. * TRM: US$/COP: 3.000

Project: Bogota City Metro
Bogota Previous Government: 2012 -2015: Underground subway studies
 New Government : 2016 – 2020
Mayor Name: Enrique Peñalosa New Challenge: Design an elevated railway or at least some stages.
- FDN National Finance Department will focus on the studies for an elevated railway.
- August 2016: Expected date for the pre tender documentation.

Investment*: US$9.7 Billion
PPP Public Initiative*Estimated. * TRM: US$/COP: 3.000

FDN National Finance Department is the financial developments entity; that
focuses on how local and international financial resources can be mobilized toguarantee the financial support of the infrastructure projects of Colombia.
Source: FDN Financiera de Desarrollo Nacional June 2016

Project: Medellin City Tram Av. 80
Medellin







The proposal includes a 136 km long rail network
capable of transporting 1.8 m passengers a day.

Project: City Tram
Length: 13.5 Km
Stations: 4 stations – 25 stops
Passengers: 200,000 / day
Investment (estimated*): US$ 833 M

Investment*: US$833Million
PPP Public Initiative*Estimated. * TRM: US$/COP: 3.000

Project: Bogota City Regio - Tram
Bogota








Project: Train-Tram electric train
Length: 21.9 km 41.4 Km + 3.4 Km (to Airport)
Passengers: 211.000/ year
Wagons: More than 31 wagons
Passengers can transfer from Regio Tram to Transmilenio
Will transport passenger to the International Airport El Dorado

Investment*: USD$ 1.8 Billion
PPP Private Initiative*Estimated. * TRM: US$/COP: 3.000

Airport Infrastructure

Bogota

Project: New International Airport El
Dorado II: Important for the tourism
and productivity of the country

 Most important airport in Colombia.
 3rd in Latin America in number of passengers after Sao
Paulo and Mexico City.
 Connection center for the 3 major Latin American
airlines: Avianca, LAN and Copa Airlines.
 2 Runways of 4,000 mts.
 Area of 1,350 ha
 Will be located in the Municipality of Madrid,
Cundinamarca.

Investment*: US$1 Billion

National Infrastructure Agency:
Will develop the geomorphologicalobstacles, field and operational
studies.

Civil Aviation:Will develop technical studies.

Expected awarded date: 2018
PPP Public Initiative
Under technical studies*Estimated. Source: Revista Semana La revolución de la Infraestructura, November.2015. *Estimated by ANISanta Marta
City Train

Map of Railway and Airport Infraestructure Projects

Medellin City
Tram AV.80

Train of the
Pacific

Los Llanos
Train .

Bogotá City
Metro.
Bogotá City
Regio Trama

Internation
al Airport El
Dorado II.

Port Infrastructure

Ports

Project: Ports along the
Magdalena River Cormagdalena has received offers to build ports along the river. Some of most important concessions are:1.
2.

Puerto Impala in Barrancabermeja: with an investment of more than $ 400 million usd and generates morethan 1,900 direct jobs in this region.
Terminal Fluvial Andalucía: in Gamarra, Cesar, another multipurpose port, will positively impact for the regionof Magdalena Center.

 Cormagdalena has granted 43 port concessions and 26 in the department of Atlántico, 3 in Magdalena, 5 Santander, 4
in Bolivar, 3 in Cesar, 1 in Antioquia and 1 in Cundinamarca.

Investment*: US$400 Million

PPP Private Initiative*Estimated. Source: Cormagdalena, February 2016

If a company is interested in a port concession it should start an application
for the grant in terms of the first law of 1991 - Decree 474 of 2015.

Project: Puerto Antioquia
Ports

Maritime Port for Public use located in the
Urabá Gulf in the department of Antioquia.

 PIO SAS (Puertos, Inversiones y Obras SAS) is the company that will construct the port.
 Located in Bahia Colombia, Golfo de Urabá, Atlantic Coast, near Nueva Colonia, next to the Leon River (Río León), Cityof Turbo, Antioquia Department.
 Located 340 km from Medellín and 28 km from Turbo.

Investment*: US$400 Million

PPP Private Initiative*Estimated. Source: PIO SAS November, 2015

Interest for a logistic operator or investor

Project: Darien International Port

Ports






It is a multipurpose port located in Urabá Gulf in the
Department of Antioquia. The marine terminal will havethe capacity to handle containers, bulk cargo, dry bulk
and liquid cargo.

Conconcreto is the company that will construct the port.
Construction will start during the second semester of 2016.
Located in Necocli, Urabá.
380 km from Medellín, 820 km from Bogotá and 574 km from Manizales, Pereira and Armenia.

Investment*: US$1 Billion

PPP Private Initiative*Estimated. Source: Exponencial, February, 2016

Interest for a logistic operator or investor

Project: Deep Water Port in BarranquillaPorts Located in Barranquilla, its expected to be the largest multipurpose deep water port in Colombia. Able to handle capesize vessels, adjacent to large industrial and logistic hub and access to Magdalena River, connecting the coast withmayor consumption and production centers.
 Barranquilla and the SPBC Sociedad Portuaria de Barranquilla project have ample land availability.
 Once fully developed, SPBC will have 11 docking positions with over 3.800 m of quay and more than 145 Ha in storage
capacity.
 Ability to play a role in the Caribbean transshipment market

Investment*: US$876 Billion

PPP Private Initiative*Estimated. Source: Exponencial, February, 2016

 Currently valid until January 19, 2055.
 Has environmental license.

Map of Ports Infraestructure Projects
Darien InternationalPort
PuertoAntioquia Port

Ports along the
Magdalena River

Deep Water Port inBarranquilla

ENERGY

Sectors of opportunity – Energy: a diversified source base anda pivotal location in the Americas
Colombia was ranked first in Latin America and seventh in the world according to the“Energy Architecture Performance Index 2014”. WEF, 2014.

103 Power Generation projects in different

The Global Energy Architecture Performance
Index 2014stages: Installed capacity of 4,974 MW*

NorwayNew ZealandFranceSwedenSwitzerland
Denmark
Colombia
Spain
Costa Rica
Latvia13 power transmission projects in different
stages*High potential in Biofuels and alternative energies

Some niche opportunities

Wind

Solar

0.67
0.67
0.66

0.75
0.73
0.72
0.72
0.72
0.71
0.7

Geothermal

Source: World Economic Forum 2014 and UPME / * UPME (Colombian Planning Unit of Mines and Energy). MW approx.

Sectors of opportunity - Energy:

A diversified sourcebase and a pivotal location in the Americas

Spain

Spain

United States

Germany

Endesa, the subsidiary of
the Italian group Enel,acquired participation in
Emgesa and Betania
power generationcompanies with 2,895 MW
of installed capacity.

Union Fenosa bought" Electricaribe andElectrocosta “ andbecame the main power
distribution and trading
company in the North
coast of Colombia.

Colombia subsidiary of
AES Corporation(Applied Energy
Services). Chivor is oneof the country's largest
generator with a total
effective installedcapacity of 1,000 MW.

The low-grade coal-red
power plant
Termopaipa in Paipa(Colombia) was the rst
power plant abroad
which was planned,
financed and built by
Steag.

Source: Procolombia based on national press

Structuring Company: Taller Empresarial
Project Name: Small Hidroelectric Power Plants
 Total Capacity: 112 MW Hydroelectric Plant: Water from Antioquia, Valle delCauca and Caldas Department rivers.
 Type: Run-of-river Location: Antioquia, Valle del Cauca and Caldas
Department.

 Expected Date to start Operation: Full operation in2017 and 2018 (65.68 MW), leaving only (19.9 MW)
 and 18.56 MW to enter into operation in 2019.
 Total Investment: 300 USD Million

The resources obtained will be used by the Developer to build seven (7) hydroelectric power plants
or set of them with a total capacity of 112 MW to be installed in the Departments of Antioquia,
Caldas and Valle del Cauca (Colombia).

Structuring Company: Enerco
Project Name: Small Hydroelectric Puente Guillermo Hydroelectric Plant: Water from the river Suarez
 Type: Run-of-river Location: Santander Department.

 Total Capacity: 4.6 MW
 Total Investment: 5.000.000 USD Million

The hydroelectric is already working but Enerco is interested in selling 100 % or a certain percentageof the project.

Structuring Company: Hidroarma
Project Name: Small Hydroelectric Plants Encimadas andCañaveral Total Capacity: 174 MW (94 MW – 80 MW)
 2 Hydroelectric Plant: Water from the river Arma Type: Run-of--river Expected Construction Time: 45 months each project.
 Total Investment: 318 USD Million

 Location: Between Antioquia and Caldas Department.

Projects are currently owned by Hidroeléctricas del Rio Arma (“Hidroarma”). The Company is controlled by
the Instituto para el Desarrollo de Antioquia (the “IDEA”), a public entity depending on the local
Government of Antioquia with experience in the development and concessions of large infrastructure
works.

Structuring Company: Camargo Correa and Generadora
Union
Project Name: Small Hydroelectric AMBEIMA and CHILI
 2 Hydroelectric Plant: Water from the river Ambeima
and Chili in the Tolima Department.
 Type: Run-of-river Location: Tolima Department.

 Total Capacity: 46 MW and 66 MW
 Expected Construction Time: 45 months – 45 months
each one.
 Total Investment:
Ambeima 150 USD Million
Chili 220 USD Million

The projects is the construction of 2 hydroelectrics in the Tolima Department. The Brazilian company
Camargo Correa and the Colombian company Generadora Union are the structuring companies ofthese 2 small hydroelectric plants.

Structuring Company: De Brom Colombia
Project Name: Punta Gallinas

 Wind Park: of 120 turbins

 Total Capacity: 300 MW

 Type of Contract: Construction, operation andmaintenance of a wind park Expected Construction Time: First Semester of 2018

 Location: La Guajira Department.

 Total Investment: 490 USD Million

The wind park will consist of 120 wind turbines Gamesa G114 , 2.5 MW.
0.10 U$D will be the price per Kilowatt generation for the first year of commercial sales , with a preagreement increase of 1.5 % per year in nominal terms included in the PPA (Power Purchase Agreement).

Structuring Company : Colgeolica
Project Name: El Ahumado

 Type of Contract: Construction, operation andmaintenance of a wind park
 Location: La Guajira Department.

 Total Capacity: 100 MW
 Expected Construction Time: Total Investment: US$ 200 Million

Viability to deliver energy through a subestation located 19 kms from the wind park.
Main road within the area of the project which ease trasportation of machinery.

Structuring Company: Taller Empresarial
Project Name: Biogas Doña Juana Type: The project uses the landfill gas produced in
Bogota’s landfill, Doña Juana, in order to produce
Certified Emission Reductions (CERs or Carbon Credits)and simultaneously produce electricity.
 Location: Boyacá Department

 Total Capacity: Power Plant I of 1.7 MW
 Power Plant II of 9.9 MW
 Power Plant III of 9.9 MW
 Total Investment: 15 USD Millon

The project is already working, but the structuring company is interested in selling the 100% of the
project (15 USD million) or to sell a certain percentage. The project can include other landfills sale for 3
USD million in Cartagena, Monteria, Armenia and Tunja Departments.

Structuring Company: Innercol
Project Name: Innercol I Type: The Company is developing a Termoelectric Power
Plant and will include pulverised coal technology.

 Total Capacity: 90 MW
 Expected Date to start: 2018.

 Location: Boyacá Department

Investment*: 3.5 USD Million*Estimated. * TRM: US$/COP: 3.000Structuring Company: AEM
Project Name: La Estrella
Type: The company is developing a Coal-fired Power plantthat will include the building of a 300 Mw (firstestimation) coal fired mine-mouth.
 The company is owner of the coal mines concessions
where the power plant will be located with 92,8 million
tonnes in estimated resources (6,1M. proven).

 Total Capacity: 300 MW Total Investment: 531 USD Million

 Location: Santander Department

Investment*: USD 531 MM.
*American Energy Mineral

Revenue estimated: US 4,16 Billion.

AGRIBUSINESSSectors of opportunity

Agribusiness

Cocoa

Cereals

Fruits andvegetables

Meat

Processed food

Rubber

Biofuels

Forestry

Source: FAO, Ministry of Agriculture.

Colombia is the 2nd largest flowers exporter
worldwide, with around U$1.285 million
Colombia is the 3th largest coffee producer
worldwide and the 2nd of Latin America.

Some niche opportunities

Aquaculture

Investment Opportunities

Colombia is the 4th largest producer of palm
oil over the world, with around 1 million
tonnes.
Colombia has one of the largest biodiversity
by km2 in the world.
In 2018, there will be one million morehectares due to “Colombia Siembra Plan”

Sectors of opportunity

Agribusiness

United States

Dole invested US$ 15
million in a salad plant
and a distribution
center

Source: Procolombia based on national press

IrelandSmurfit Kappa is the larger
provider of corrugated paper in
Colombia.
They will invest US$ 60 million in a
new plant in Tocancipa

FranceEstablished in 2007 as a resultof a joint venture with theColombian company
Alquería.

Project:
Fruits andvegetables

Plant 5,000 hectares in total of Persian Lime 31 miles southwest ofMedellin starting with 820 hectares. The sale of the produce will be held in
Colombia and abroad through trading companies that have already expressedinterest in purchasing the product.

 Persian Limes harvest in Colombia do not have phytosanitary restriction or quarantine treatment
when entering the USA and EU markets.
 Great opportunity in the local market due to climatic irregularities in typical harvested areas(Tolima and Santander). .
 The next stage involves planting 820 acres of Persian Limes with the landowners alreadycommitted to contribute the land for its use in the project.
 Social Impact: Employ women of the countryside and build daycare facilities to assure a safe andfun place for the children while the mothers work.
 Connect with another projects which aims to legalize and give jobs to more than 800 illegal
miners.

Investment: US$22 Million(5,000 acres)

1st Stage Investment: US$ 3.3 million
Investor IRR: 26%

Processed food

Project: Fund and scale Lyotropic’s business toreach international markets.

 Lyotropic SAS main brand LA FRUTA DICE, is a healthy snack consisting on freeze dried andcold press bites made out of exotic fruits such as pineapple, strawberry, golden berry,among others.
 Established in 2014, sales on its different channels started on june 2015.
 Its main objective is to share experiences through healthy, fun appropriate, different andinspiring products.

Investment: US$ 1,3 Million
TRM: $3.000 , June 2016

Processed food

Project: Investment in the company, in order toincrease production and strengthen the supply
chain The products they offer are a unique mix of seeds, cereals, exotic fruits with high levels ofvitamins, minerals and Omega 3.
 Company dedicated to develop, produce and sell high end healthy snacks.
 The products target customers that try to maintain a healthy lifestyle trough a nutrionallybalanced diet.

Investment: US$2 Million

MANUFACTURING

Some key facts about Manufacturing in Colombia
manufacturing for the local and foreign markets

Some niche opportunities:

3rd largest labor force in Latin America.
Fertilizers

Naturalingredients forcosmetics

Automotive

Plastic
Packaging2nd in the region for competitive industrial labor(US$1.6/hour)
0% import tariff relief for key industrial inputs

Pesticides

Ceramics

75% indirect financial support for Innovation and
R+D+i projects
102 Free Trade Zones with 15% corporate tax
Colombia is 40% more competitive and 60% fasterthan many ports in the Americas

Metalworking

Architecturalglass

A regional platform for manufacturing

activities with high standards of productivity

Switzerland

Its factory in
Colombia is listed as
one of the 'flagshipfactories'
in the group, whichhas
operations in morethan 130 countries.

Netherlands &United Kingdom

China

The new factory is
one of its three mostmodern factories in
the world, due to its
modern approachand care for theenvironment.

Foton invested morethan US$12 million inits new assemblyplant for its SUV and
4x4 models

Source: Procolombia based on national press

MexicoUnitedStatesWhirlpool had a joint
venture with Haceb
to produce washingmachines.
Manufacturing plant:
US$ 70 million

SERVICESSectorsof

opportunity-

Services

IT, BPO, ITO, Shared Services, Apps
Some niche opportunities

Cloud
computing

Softwaredevelopment

Big data

Innovation anddevelopment
centers

Colombia is one the three major
providers of IT services in the region.
The broadband connections increased from 2.2 to10.1 million between 2010 and 2015.
In the next 4 years, broadband connections will be triple
reaching 27 million connections.
Available labor force of more than 1,200,000 professionals
graduated in fields related to financial and value added
shared service operations.
VAT exemption for service exports.

Aggregated shared services
centers for diverse industries
Source: MinTic and IDC

Sectorsof

opportunity-

Services

IT, BPO, ITO, Shared Services, Apps

United States

IBM opened its third Data
Center in Colombia
offering a processing
power of 5 petabytes.
It´s one of the mostadvanced centers for
Cloud Computing and Big
Data Analytics companies
in the country.

Spain

Its BPO operation
currently has more than
1,400 credit processes,
customer service, anddocument
management active
positions.

Source: Procolombia based on national press

United States

Spain

AT&T acquired
DirecTV Colombia
and it´ll increase thetelecoms offer
Colombia throughnew services andpackages.

It has two
operations centersin Bogota where it
manages adiversified portfolioof blue ribbon
clients, with thecapacity for up to athousand positions.

Sectors of opportunity – Real Estate
Tourism Infrastructure, mixed projects
Investment Opportunities in:Some niche
opportunities
Nature &AdventureWellness

Entertainment

City
HotelsInbound tourists*
2012 – 2015
(million of people)

3.5

3.7

4.2

4.4

Colombia
ranks 25th
in the ICCA
ranking (International Congress
andConvention Association)
Luxury and wellness hotels can takeadvantage of the Colombian biodiversity
to offer high quality services.
Corporate Tax Exemption for hotels withmore than 65% of their building by
December 2017
VAT exemption
services

2012

2013

2014

for

healthtourism2015*Inbound tourist includes: resident Colombians abroad, foreign non resident in Colombia,
special cross borders, and cruise visitors.
Source: Migration Colombia and MinCIT. ProColombia calculations.

Sectors of opportunity

Tourism infrastructure

United States

United Kingdom

This American
chain has 15 hotels
in Colombia withmore than 1,850
rooms

Holiday Inn hotels
opened in Bogota
and Cartagena,
totaling 331 rooms.

Source: Procolombia based on national press

Spain

CanadaNH Hotels has 15 hotels in
Colombia, with morethan 1,600 rooms

This luxury chain has
2 hotels in Bogota
with 126 rooms in the
more exclusive
locations in the cityName of the project: La Caracola
Location: Santa Marta, Magdalena –Colombia
Overview : 100 junior suites , 80 suites, 70

Estimated investment: US 40 – 50 million

villas, 10 villas plus, 4 restaurants, 4 bars, 2• Grupo Argos and Múltiplo de 5 are looking forpools, conference room, fitness center, heliport

an investor that could commit the capital for theand Spa.

construction and maintenance of the hotel andvillas.

Operation by Banyan Tree
Developer and operator of high-end hotels, spas and premium resorts. Currently operates more than
36 hotels and resorts + 3 golf courses. Presence in China, Indonesia, Korea, Mexico, Vietnam,
Thailand and UAE, among others.

Name of the project: Hotel & Suites
Tequendama
Location: Bogota
Overview : 2 hotels in Bogota 573 rooms, 250 apartments,

Estimated investment:

39 meeting rooms.

Sociedad Hotelera Tequendama is looking for Franchise,- Target: Corporate

operation and 10% sale of shares.

- Average rate of COP $ 290,000

It will require a minimum of participation to the franchise- Market 65 % domestic - 35 % foreign.

corresponding to 10% of daily occupation.

About Sociedad Hotelera Tequendama:
The hotel’s 60-year history has witnessed the most important business, trade fair events, diplomatic, social andpolitical the country. The Hotel Tequendama Company S.A. is a corporation of mixed economy, the national,
authorized by law 83 of 1947, under the Ministry of National Defense, under the legal system of industrial andcommercial enterprises of the State, endowed with legal personality, administrative autonomy and independent
capitalSectors of opportunity – Services
Capital Funds

Colombia offers several benefits
to invest in capital funds.

Colombia was ranked fourth in
Latin American and the
Caribbean due to its favorable

conditions for development of the PEF
industry.

19 International
Partners in Colombia.

Real Estate

HealthBanking

TIC

Biotechnology

EnergyGeneralCapital funds such as Advent International
and Victoria Capital have chosen the

country as a hub to service
other countries in the region
Source: MinTic and IDC

Some niche opportunities

Agribusiness

InfrastructureSectors of opportunity

Services Capital Funds

CanadaInvestments mainly in the
sectors of infrastructure,energy and real estate.
Investments in the
Colombian powercompany SA as part of its
expansion plan in theregion.
Source: Procolombia based on national press

United States

United States

Firm focused on investing in
the category of hotel assets
in Colombia.

Mainly infrastructure
investments.

Its largest investment in
Colombia has been the
Hyatt Regency Hotel in
Cartagena.

In Colombia its
investments have been
focused in companies such
as Intertug and Ocensa.

PROCOLOMBIA
ready to assist you in assessing

investment opportunities

THANK YOU