Colombia Milagro Week investment summit

The Colombian government has announced the inaugural ‘Milagro Week,’ an investment summit scheduled to take place in New York from November 16 to 19. Led by Vice President José Manuel Restrepo and Minister of Commerce Mauricio Gómez Amín, the event is part of the ‘Misión Crecer’ strategy to stimulate economic growth and job creation.

Initial reports indicated the government would present a portfolio of 176 projects, with 37 designated as high priority, covering sectors such as infrastructure, energy transition, renewable energy, critical minerals, tourism, and technology. This effort is supported by the ‘Banco de Proyectos Patria Milagro’ to connect initiatives with international funds.

Subsequent details specify that the summit will present a unified portfolio of over 70 strategic projects valued at 75 trillion pesos to international investors, funds, and multilateral banks. The sectors involved include energy, agriculture, mining, transportation, sustainable tourism, infrastructure, data centers, and technology. Additionally, the strategy aims to leverage improved relations with Venezuela to identify cross-border business opportunities in electrical infrastructure, hydrocarbons, and mining.