Colombia heavy machinery market sees expansion and asset renewal focus

The Colombian heavy machinery market is experiencing expansion, driven by demand for asset renewal in the construction, infrastructure, agriculture, mining, and industrial sectors. To meet this demand, JCB is strengthening its presence in the country through a partnership with Andes Maq and the support of Divemotor, which will serve as the sole authorized distributor. This collaboration aims to improve equipment availability and establish a local structure for technical assistance, spare parts, and after-sales service across major cities including Bogotá, Medellín, Cali, and Bucaramanga.

In parallel, the 35th International Industrial Fair of Bogotá (FIB 2026), scheduled for late September to early October at Corferias, will address the management of idle industrial assets. Companies like Subastas & Comercio plan to participate by offering alternatives for businesses to liquidate unused or replaced machinery through auction processes. During the fair, Subastas & Comercio will introduce a ‘Valorización Express’ initiative to help companies evaluate the potential value of their inventories and explore commercialization options.