General News

ProColombia Unveils New Export Strategy; Medellin, Antioquia Leading

Medellin Herald September 8, 2015

ProColombia – the government export and investment promotion agency – announced September 2 the launch of a new business information service in order to boost Colombia’s exports of goods other than petroleum and minerals. The plunge in oil prices and the rise in the value of the U.S. dollar

General News

Medellin Foreign Direct Investment Grows: ACI

Medellin Herald September 4, 2015

The Agencia de Cooperacion e Inversion de Medellin y el Area Metropolitana (ACI, Medellin’s investment promotion agency) announced September 3 during the “Medellin and its International Allies” conference that it has overseen US$26 million worth of cooperative investments in 126 programs under a 2012-2015 development plan. Those investments principally have focused upon

Health & Insurance.

Health Insurance for Foreigners in Medellin: The Basics (Part One)

Medellin Herald September 4, 2015

Foreigners in Medellin – whether they be visitors or permanent residents – have several choices (as well as restrictions) for several types of health insurance or alternatives. For example: Medellin-based insurance giant Sura provided Medellin Herald with the following brief overview of health insurance for foreigners in Colombia: “In Colombia, there are various

Culture

Medellin’s Expanded Museum of Modern Art Debuts

Medellin Herald September 2, 2015

The “Museo de Arte Moderno de Medellin” (MAMM) on September 2 officially inaugurated its new space – covering nearly 10,000 square meters over five floors (double the prior space) — and featuring new exhibits, a new theater, terraces and commercial spaces. While MAMM traces its roots back to 1978, where it started in the traditional Barrio […]

Colombian economy

Brookings: Medellin Best in Latin America for Economic Growth

Medellin Herald September 1, 2015

A new study by the Washington, D.C.-based Brookings Institution found that Medellin surpassed all other Latin American cities in terms of per-capita economic growth  (gross domestic product, or GDP). “Medellin was the highest-performing Latin American metro area in 2014” and 12th overall in the Asia-Pacific region area studied, which includes Colombia, according to

General News

Internet Uptake, Quality Puts Medellin in ‘Vanguard’ in South America

Medellin Herald September 1, 2015

A new study by U.S.-based consultant Telecom Advisory Services (TAS) finds that Medellin is in the “vanguard” in Colombia in terms of high-speed internet uptake and other factors that make-up a “digitalization” ranking.  According to the study, the recent sale of internet/phone/cable TV provider UNE (formerly part of Medellin city-owned utility EPM) to private-sector

General News

Haceb Whirlpool Launches Washing-Machine Production in Antioquia

Medellin Herald August 28, 2015

Haceb Whirlpool Inc. (HWI) — a new joint venture between Antioquia-based household appliance manufacturer Haceb and global “white goods” giant Whirlpool – on August 27 officially launched production of washing machines at a new, US$50 million factory adjacent to Haceb facilities in the Medellin suburb of Copacabana, Antioquia.  The plant, initially employing

Schools

Argos, EAFIT Debut Technology Research Center in Medellin

Medellin Herald August 26, 2015

EAFIT university and Colombia-based cement producer, power generator and port developer Argos announced August 26 the start-up of “Argos Center,” a new, US$9 million, 4,800-square-meters research facility at the university’s main campus in Medellin. The center – built with “Leadership in Energy and Environmental Design” (LEED) certification in mind — will house

General News

Antioquia, Medellin: Statistical Review Shows Progress in Commerce, Infrastructure

Medellin Herald August 25, 2015

Medellin – the capital of Antioquia department (state) – continues to grab more positive attention from national and international media.  In the August 21, 2015, edition of Dinero (a Colombian national business magazine), Medellin and Antioquia are featured in a special section analyzing economic growth and competitiveness. Nearly 4 million of the approximately 6.4

General News

Colombiamoda Medellin 2015: ‘Incredible’ Growth Tops 60,000 Visitors, 13,000 Buyers

Medellin Herald August 25, 2015

Evidence of the remarkable growth of the fashion and textile industry in Medellin continues to mount as the 2015 version of Colombiamoda in Medellin drew 60,741 visitors and 13,271 buyers, up 20% from the 2014 show. According to Medellin-based trade group Inexmoda –which organizes Colombiamoda, by far Colombia’s biggest fashion-and-textile event – the 2015 version