Nearshoring in Free Trade Zones: Your Strategic Drive in Colombia

July 14, 2023

nearshoring in free trade zones
Table of Contents

Let us first briefly define the nearshoring, this refers to companies that move their
production to other regions that offer them benefits to reach potential markets. Since
Colombia can target the entire American continent.

free trade zone We are a platform that revolutionized foreign trade in Colombia and the
development of new manufacturing and logistics projects to meet the needs of
different products in the country, from the first free zone in 1958 until today a
model that addresses challenges such as the creation of new, stable and direct jobs along with
a growing number of companies that have allowed us to position Colombia as a country
stable with excellent location to distribute internationally in Latin America and
North America.

In terms of sustainability, the free zones stand out for their alliances with universities and the
SENA for hiring employees and interns, also regarding the environmental aspect
We have the Global Eco-Industrial Parks Program – Colombia We are pilot parks, where two free trade zones operate. We should also add that we are a country that generates hydropower and plans to increase other types of energy, such as solar and wind, without minimizing the suspension of the wind farm in La Guajira.

In view of all the benefits that free zones offer, we are key to the installation of
companies looking to relocate to Latin America (nearshoring) and we can occasionally
offer in Colombia one of our best foreign trade incentives, which is the regime
Franco to attract companies that need to relocate to distribute or manufacture
from our country.

Author: Katerine Martínez – Commercial Director of the Western Free Trade Zone

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