FAQ: Bogotá's Dominance in Colombia's Foreign Technology Investment

What percentage of Colombia’s foreign direct investment in technology is concentrated in Bogotá?

Bogotá concentrates 60% of the foreign direct investment in software and IT projects in Colombia.

How many jobs has Bogotá generated in the technology sector in recent years?

Bogotá has generated more than 42,000 jobs in the technology sector over the last six years.

Who organized the event ‘Bogotá: hub de tecnología e innovación’?

The event was organized by Invest in Bogotá and Michael Page.

What are some key findings from the sectoral study presented at the event?

Key findings include Bogotá being in the top 3 cities in LATAM for FDI in software and services, leading in job creation from investment projects, and being a national leader in business sophistication, innovation, and competitiveness.

What role does Bogotá play in Colombia’s education and talent in technology?

Bogotá accounts for 39% of the country’s graduates in systems engineering and related fields and hosts 3 of the top 15 universities in LATAM, contributing significantly to the talent pool.

What is the significance of foreign investment in Bogotá’s technology sector?

Foreign investment in Bogotá’s technology sector is crucial for its current positioning and future growth, making it one of the most relevant sectors for the city’s economy.

How does Bogotá contribute to Colombia’s exports in services and TIC?

Bogotá is responsible for 74% of national service exports and 78% of the country’s TIC exports, highlighting its central role in Colombia’s digital economy.

What is Invest in Bogotá?

Invest in Bogotá is a public-private alliance aimed at facilitating international investment and attracting world-class events to promote Bogotá as a premier business destination in Latin America.

Who is Michael Page and what is its relevance to Bogotá’s technology sector?

Michael Page is a global recruitment firm specializing in professional, executive, and managerial talent, playing a strategic role in Bogotá’s technology sector by connecting companies with skilled professionals.