Foreign Direct Investment (FDI) in Colombia in oil and mining registered at the end of the third quarter of the year an increase of 80.5%with a flow of resources that amounted to US$6,129 million, compared to US$3,395 million a year ago, according to the figures of the exchange balance of the Banco de la República.
(Read: This year 7 gas exploration wells have been successful).
According to statistics, at the end of September, Total FDI in Colombia grew 62.5% annually to US$8.44 billion.
At the end of September 2021, the FDI figures that arrived in the country amounted to US$5,194 million.
According to the records of the Colombian central bank, in January of this year, to the country a total of US$962 million for this concept; in February the figure was US$601 million; in March, US$695 million arrived; a month later, US$1,737 million, which became the maximum amount of the year; in May, US$895 million; in the sixth month of the year, US$999 million; in July, US$1,025 million; while during August, US$753 million arrived.
According to the economic activities, the US$6,129 million of foreign direct investment in oil and mining represented 72.6% of the total that arrived in the country.
(Also: ‘Oil, coal and gas exploitation contracts continue’).
Non-oil and mining investment rose 28.4% to US$2.31 billion. At the end of the third quarter of last year, this amount was US$1,798 million.
In 2021, US$7,165.9 million entered Colombia through foreign investment.
On the other hand, the arrival of portfolio capital to the country reached US$2,714 million, almost double the same period in 2021 (US$1,460 million).
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