Local News From Around The World
|
Local News > Medellin News
|
||||||||||
Medellin, Colombia News
About Medellin, Colombia Medellín is a leading economic center in Colombia. Medellín is led by a powerful group of people from the private sector known as the Grupo Empresarial Antioqueño (Antioquian Enterprises Group). The senior executives are David Bojanini; who leads Suramericana de Seguros (an insurance conglomerate), Carlos Piedrahita; with the Compañía Nacional de Chocolates (Food industry), José Alberto Velez; Cementos Argos (a multinational cement company) and Jorge Londoño; leading Bancolombia, (Colombia's largest bank). Together they consolidated this group that has an aggregate market capitalization of approximately US$17 billion dollars and who employ more than 80,000 Colombians. This group also participates in other sectors of the city industry and is an active trader in the Colombian stock exchange. The city serves as headquarters for many national and multinational companies and its centres of higher education constantly contribute to the modernization of the region and its industry. Tourism has strongly developed in the city in recent years. The main economic products are steel, textiles, confections, food and beverage, agriculture (from its rural area), public services, chemical products and pharmaceuticals, refined oil and flower exports. Medellín created the first Colombian Business cluster being with the Antioquia State the first exporter region of the country with 1,750 exporter enterprisers based in Medellín. T The Cluster was created with the support of the Chamber of Commerce of Medellín and the City Administration for an actual total of 21,000 companies that share the 40% of total exportations, the 25% of the regional GDP and the 40% of the Metro Area employment. The main economical activities of the Medellín Cluster (MC) are located in electricity generation, textile, fashion design, construction, tourism and business. As a goal of the MC is the inclusion of the health services, a sector that is also very important in the local economy. Other Major Cities:
| ||||||||||
Local News > Medellin News
WORLD NEWS
|
Advertisement
Financial News
Copyright (c) 2010 All Right Reserved - LocalNewsDigest.com