The Ministry of Economy (Minec) anticipates investments amounting to approximately $2.228 billion as a result of personalized attention provided to over 185 business leaders between June 2023 and May 2024. According to the institution’s latest annual report, the engagements included 36 meetings with businesses planning expansions and 149 discussions focused on new investment initiatives.
“If these new projects, including expansions, are realized, we expect to generate approximately $2.228 billion in investment and around 24,277 permanent direct jobs,” the report states.
Additionally, during this period, more than $4 million in initial capital investment and capital increases, both domestic and foreign, were registered by 52 companies. These businesses operate in sectors such as call centers, renewable energy, general commerce, air transportation, business processes, and construction, among others.
The report also highlights that around 1,626 consultations were provided to 1,326 businesses on various topics, including the registration of domestic and foreign capital, formalization requirements, follow-up on procedures with other institutions, and the issuance of the Tax Identification Number (NIT) and Value Added Tax (VAT) registration. Moreover, Minec assisted with various procedures related to the Commercial Registry.