PÁGINA PRINCIPAL

Colombia, A Positive Country

Prepared by:
Affairs Coordinator
Internal and External Communications
Ministry of Foreign Relations

ON THE FRONT PAGE

POSTERS THAT SPEAK OF COLOMBIA: The Colombian artist, Marta Granados will participate in the 14th annual Colorado International Invitational Poster Exhibition (CIIPE), from September 8 to October 14, that gathers the works of 86 artists from 34 countries. She is the Honor Laureate at the most important poster exhibition in the United States, where 50 of her large format pieces will be shown at the Museum of the University of Colorado. Granados has published three books on Colombia, and she says that she “needs to tell about and reveal its treasures to the entire world, so that they will value it more and erase mistaken images, and its patrimony will be visually expressed.”

CATALINA SANDINO IN HER NEW MOVIE: Viaje al final de la noche (Trip to the End of the Night) is the first production in which she has participated after her successful role in ‘María, llena eres de gracia' (Mary Full of Grace). Catalina is in Brazil filming the movie in which she has the role of Angie, and she also has another project on her agenda. Twenty-three year old Sandino Moreno, was born in Bogotá, and became the first Colombian actress to be a candidate for an Oscar in the category of Best Actress.

REAL ESTATE FAIR IN NEW YORK: in the Metropolitan Pavilion, in Manhattan, from September 17-19, more than 450 projects will be exhibited, belonging to 85 construction firms, accompanied by offers of loans from financial institutions and brokers, in addition to the portfolio of services from three compensation funds. Four companies that sell products for remodeling will also participate. In total, 105 companies that sell products and services to Colombians living in areas near New Jersey, Pennsylvania, and Washington will have stands at the fair. President Alvaro Uribe will inaugurate the “Dónde Vivir en Colombia” (Where to Live in Colombia) Fair, on Saturday at 5 in the afternoon.

SOCIAL INVESTMENT

MICRO HYDROELECTRIC POWER PLANT TO BE BUILT IN MITÚ: by means of a convention with IPSE, Gemsa, and the Governor’s Office of Vaupés, the government was able to finance the entire project, worth $43,200 million pesos. To this amount, $18 billion must be added that have already been invested in the site where the Micro Power Plant is going to be built. $42 billion came from resources from the Support Fund for the Electrification of Non-interconnected Zones (FAZNI) and the Institute for Planning and Promotion of Electrical Solutions (Ipse). The Governor’s Office of Vaupés has contributed $1,200 million. The bid will close on October 31.


SUSTAINABLE ECONOMIC GROWTH AND GENERATION OF EMPLOYMENT

$400 BILLION DELIVERED TO SMALL PRODUCERS: in the first eight months of 2005 the resources loaned to farmers of Colombia surpassed $1.3 trillion pesos, representing growth of 13.5% with respect to the $1.2 trillion in the same period of 2002. The loans from the Fund that are targeted at small producers presented growth of 66.9%, going from $240 billion pesos from January to August 2004, to $400 billion in the same period this year. On their part, associative loans grew 9.6%, going from $208 billion in the first eight months of 2004 to $228 billion in the same period in 2005.

HYPERMARKET SALES GREW 11.2%: This figure reflects the growth in sales in large retail stores and hypermarkets in the second quarter of 2005, compared to 2004, according to DANE. Between April and June, these companies hired 78,767 people. In constant prices, sales grew from $1.6 trillion in the second quarter of 2004 to $1.8 trillion in the same period of 2005.

HOTEL OCCUPATION GREW BY 54% IN 2005: this figure is three points higher than in 2004. The growing rates recorded by the country’s hotel industry have been sustained in recent months. Hotel occupation rates in cities such as Bogotá and Cartagena are on average 70%. In Medellín and Cali the percentage of hotel occupation oscillates between 60% and 65%. The dynamism of tourism and hotel occupation at tourism destinations such as the Coffee growing sector and the Eastern Llanos is notable.

VEHICLE SALES INCREASED BY 45% IN THE SECOND QUARTER: sales of automobiles increased in the second quarter of 2005, in comparison to the same period in 2004. DANE reported that, while 31,358 cars were sold during that period in 2004, that number grew to 45,479 in the same period in 2005. Fifty-eight point seven percent of those vehicles were private vehicles, 14% were for public transportation, 13% were pick-ups, 8% campers, and 6% trucks. Of the close to 45,500 automobiles purchased between April and June 2005, 17,193 were imported, and 28,286 were produced in Colombia.

STATE EFFICIENCY AND TRANSPARENCY

COLOMBIA REDUCES POVERTY: the World Bank representative to Colombia, Alberto Chueca Mora, stated that Colombia has made significant efforts and has produced results in the attempt to reduce poverty and increase development. “This country is doing well. It is doing its job. All the indicators show significant growth, for example, in the increase of both national and foreign investments, in exports, in the fall in unemployment, in controlled inflation, and in a good economic policy”, affirmed Chueca.

(FIN/JHINA/CIE)
September 16, 2005

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© 2003 PRESIDENCIA DE LA REPÚBLICA