30 September 2009

Colombia's Mines And Oil Draw Most Foreign Investment.

COLOMBIA REPORTS/
Colombia's mines and oil get 85.6% of foreign investment in the country, while foreign money avoids other sectors of the economy.
Foreign investment in mining and oil increased 16.4% so far in 2009, compared to the same period in 2008. Foreign investment in other sectors of the Colombian economy has decreased, from 35.4% of total foreign investment in Colombia in 2007, to only 13% in September 2009.
Total foreign investment DROPPED from US$5.41 billion in the first half of 2008 to US$4.89 billion this year.