The Republic of Colombia is located in the northern part of South America. Colombia has a population of more than 46 million, for a surface area of 1,1M sq.kms. The country shares a border with Venezuela and Brazil to the east, as well as Ecuador and Peru to the south. The country is bordered by Panama to the northwest, the Caribbean Sea to the north, and the Pacific Ocean to the west (source: World Bank – FMI – UN, 2016).
Colombia is the fourth largest economy in Latin America with a GDP of US$306 billion. It has the fastest-growing information technology industry in the world. Colombia also boasts one of the largest shipbuilding industries on the planet, after Asia.
The Colombian economy, previously largely dependent on agriculture, has embraced new industries (IT, electronics, renewable energy, hydro–electrics).
Foreign investment in Colombia has increased over the last decade. France is also among the top five investors in the country, with around 180 French subsidiaries present on Colombian territory. France is also the largest foreign employer in Colombia (over 100,000 direct jobs).
In order to meet the needs of its customers on the Colombian market, Simon Associés has developed privileged relations with economic and legal partners locally.