Monday, July 22, 2019

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Medellin-based chain retailer Grupo Exito announced November 12 that it will build Colombia’s biggest shopping mall – not in Bogota, but rather in the Medellin suburb of Envigado.


Foreigners exploring real-estate opportunities in metro Medellin can be overwhelmed by unfamiliarity with Colombian business customs, legal requirements, sales-price “reasonableness,” a still-maturing multiple-listing service (MLS) network and uncertainties about the reliability of contractors, agents and sellers.


Thanks to big investments recently in hospital/clinic infrastructure, high technology, multinational training, prestigious certifications and new international alliances, metro Medellin is broadening its reputation as a destination for “international medicine” -- as opposed to just “medical tourism,” the latter often perceived as relatively simple plastic surgery or dental work.


The just-released annual study conducted by Colombia-based Sapiens Research Group (SRG) finds that 75 schools in Antioquia -- 32 of which are in Medellin -- are among the best of the more than 13,000 schools examined in Colombia.


Big infrastructure projects now underway including the “Prosperity Highways,” the “Toyo” tunnel, the new “Port Antioquia,” the “Navelena” dredging project on the Magdalena River, and the giant “HidroItuango” hydroelectric project collectively will bring a huge economic and social boost to Antioquia and Medellin starting in the next five years -- and continuing long afterward.


Spain-based corporate-reputation analyst Merco found in a new survey and study that Medellin-based Grupo Bancolombia is now the highest-ranked company in Colombia -- and led by Colombia’s best corporate leader: Carlos Raúl Yepes (see photo, above).


The Ministry of Environment on October 29 unveiled a study showing that Medellin ranks best among all Colombian cities in environmental quality – but with only a “moderate” ranking.


While the number of foreigners coming to metro Medellin for relatively low-cost, high-quality medical and dental procedures continues to grow, windows of opportunity have only just started to open.


The just-issued annual report by the metro-Medellin-based Alliance for Responsible Mining (ARM) finds that Antioquia and other parts of Latin America are starting to make progress in their quest to overcome enormous problems confronting the gold-mining industry.


Colombia’s national infrastructure agency (ANI) announced October 21 that financial close has now been achieved on the “Pacifico 1” (Medellin to Bolombolo) highway project and the related “Pacifico 2” (Bolombolo to La Pintada) projects.


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About Medellin Herald

Medellin Herald is a locally produced, English-language news and advisory service uniquely focused upon a more-mature audience of visitors, investors, conference and trade-show attendees, property buyers, expats, retirees, volunteers and nature lovers.

U.S. native Roberto Peckham, who founded Medellin Herald in 2015, has been residing in metro Medellin since 2005 and has traveled regularly and extensively throughout Colombia since 1981.

Medellin Herald welcomes your editorial contributions, comments and story-idea suggestions. Send us a message using the "contact" section.

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