In the last eight years, the arrival in Cali and Valle del Cauca of important investment projects to manufacturing, logistics, agro-industry and services sectors, confirms the strength of its corporate tissue and the leadership of its institutions to promote the region’s conditions in terms of competitiveness. As concluded during BreakfasToBusiness, a corporate working space put together by Invest Pacific tending to bring the city/region closer to recently settled investors, which have arrived with the Agency’s assistance.
This space brought manufacturing companies together, such as: Virutex Ilko –Chilean kitchen utensils producing company; Rodriguez Lopez Auto- Spanish ambulance manufacturing company; Express Luck – Chinese manufacturer of television sets and other electronic appliances; also Zonamerica – the country’s first service free trade zone of Uruguayan origin; Faranda Cali – a Spanish hotel chain; LGMD Solutions, a Nicaraguan BPO service center.
Also, Green Fruit Avocados –an American avocado producer and trading company; Colgate –A multinational about to launch a new distribution center in Palmira; and Florius Flowers – a Netherlands flower exporting and trading company.
All these companies had the opportunity to show results obtained from sharing the powerful reasons that encouraged them to settle in the region and highlight forecasts of growth from the territory. These companies are some success cases settled in the area for the last two years with Invest Pacific’s assistance.
‘BreakfasToBusiness’ gathered founding members, contributors and strategic partners from the public and private sectors, which every day contribute to promoting direct foreign investment lead by the agency.
“With BreakfasToBusiness we want to keep bringing investors closer to our entities, institutions, guilds and business people, so they can identify higher value generation and growth opportunities, bringing progress and development in to the city/region” stated Alejandro Ossa Cardenas – Invest Pacific Executive Director.
More than 96 investment projects for an amount of more than USD$920 million, generating more than 9.700 employment positions, with the support of Invest Pacific, have arrived to the city/region in the last 8 years.
In 2018, 20 important investment projects have settled in. They are multinationals that are part of manufacturing, services, logistics and agro-industrial sectors, for an important amount of about USD$180 million. Countries such as USA, Spain, United Kingdom, Chile, Israel, among others, have invested their foreign capital in the city and the department, thus helping to create about 3.000 direct employments.
For BreakfasToBusiness, which was carried out at the Marriott Hotel in Cali, with the Support of Banco de Occidente and Comfandi – entities such that have trusted in Invest Pacific’s task-. There was also a Commercial Showroom that brought along: ProPacifico, Celsia, Coomeva, and Smurfit Kappa, important companies that help the entity, during which new connections were created and the attendees were shared important institutional information.
Andrea del Pilar Barrero
Marketing and Communications Director