Latin America continues to be one of the more dynamic naval markets in the world with new OPV procurement projects emerging in Argentina, Colombia, Ecuador, Uruguay and Mexico. These complement the large maintenance and upgrade requirements within Brazil and Chile.
Colombia is right at the epicentre of this dynamism where, under the Colombian Navy’s 'Orion Plan', 6 OPVs are being built by 2015. What effect will this new class of vessel have on the regional marketplace? Are these the export models of the future?
So, according to Dr. Juan Carlos Pinzón Bueno, Colombian Defence Minister, WHY DO BUSINESS IN COLOMBIA?
COLOMBIA AT A GLANCE
- The Colombian economy is growing at over 4.5% yearly
- Foreign investment now accounts for around 28-29% of GDP and the government would welcome more
- Colombia has enjoyed 3 consecutive years of credit rating agency upgrades