Invest in Bogota Seeks New Investment Opportunities at Bengaluru Tech Summit 2024

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Panoramic view of El Dorado International Airport, Bogota, Colombia

Bengaluru, Karnataka, India | 20th November 2024: From November 19 to 21, Invest in Bogota, the investment promotion agency of Colombia’s capital, will participate in the Bengaluru Tech Summit 2024, one of the world’s leading events for the global tech ecosystem.

This year’s summit will feature over 400 speakers, including political leaders, global tech innovators, startup founders, and trailblazers from various fields. The event will host dynamic panel discussions, keynote sessions, and presentations, all organized within six Focus Tracks.

The summit provides the perfect platform to showcase Bogota’s unique strengths, including its stable economy, its GDP representing 33% of Colombia’s total, and its strategic location in Latin America. Bogota is also home to El Dorado International Airport, offering over 90 direct connections (49 of which are international) and with just five hours of average flight time to key cities like New York, Sao Paulo, Buenos Aires, and Mexico City.

Additionally, the Bogota region boasts a skilled and diverse workforce of over six million people, making it Latin America’s fifth-largest talent pool and the leading city in Colombia with 25.5% of the nation’s workforce.

In terms of academic excellence, Colombia has 39,000 graduates in computer science and related fields, with 36% based in Bogota. The capital is also home to 33% of the country’s 118,000 STEM graduates, showcasing its capacity to meet the talent demands of both local and international companies.

When it comes to technology and innovation, Colombia ranks as the third-largest market for IT and software in the region. Notably, 59% of the country’s IT companies are headquartered in Bogota, generating 78% of the sector’s revenues and 67% of its jobs.