Biofuels

• Income tax exemption for ten years.
• 6.5 million hectares (16.1 million acres) suitable for biofuel production.
• World’s fifth largest palm oil producer.
• Productivity of 9,000 liters of ethanol per hectare every year.
• Growing market. By 2020, a production of 1.4 billion liters of ethanol and 1.2 billion liters of biodiesel per year.
• Assured demand. In 2020, E20 and B20.
• Creation of a “green seal” to identify the national biofuel production with good environmental and social practices.

Cosmetics

• Market of USD 2.6 million and production of USD 2.4 million.
• Cosmetics exports grew by 23% between 2003 and 2007.
• Country with the second largest flora biodiversity in Latin America.
• Market for men’s cosmetics is expected to grow 20% per year.
• Colombian women cosmetics pocket share duplicates the European average spending.
• More than 242,000 professionals and technicians available to work in the cosmetic industry.
• Manufactured products based on natural ingredients grew 9% between 2003 and 2008.

IT Services

• Over 27,000 IT graduates and 13,000 engineering graduates per year.
• Seven cities with population over 500,000.
• Neutral Spanish-speaking accent.
• Market: USD 1 billion, growing at a rate of 42% for the past three years.

Tourism

• 2.1 million foreign travellers visited Colombia in 2011.
• International tourism annual growth in Colombia (9.73%) more than doubled the worldwide growth (2%).
• Income tax exemption for new or remodeled hotels.

Medical and Health Tourism

• Pioneer Program in reproduction immunology; the first invitro fertilization baby born in Latin America; first pacemaker debveloped in the world.
• Colombia is the second best country for scientific and health infrastructure in Latin America: (IMD, 2008).
• 3,000 physicians and health professionals graduate from college each year.