Medellín is one of Colombia’s main economic centers; steel, textiles, manufacturing, food, agricultural, public services, chemical products and medicine, refined petroleum and orchids are the most important local products, and all are projected for exporting. The city is a part of the economic system of the department of Antioquia which contributes 15% of the GNP. Nonetheless, the city and the department have experienced important growth due to the renaissance of all fields starting in 2000, which make it one of the most vigorous cities in Latin America.
Today Medellín possesses the first textile plan in South America and the second industrial plant in Colombia in different sectors (from automobiles to artificial teeth). It still controls the greatest part of mining production, a good part of the exports of coffee, bananas, flowers and other primary products. It offers excellent public services and the most efficient power generation in the country.
Medellín, known as the Industrial Capital of Colombia, is a city of opportunities, a cultural city and the city of Botero. It opens its arms with all the warmth of its people, and receives you with an attitude change that looks towards the new millennium. Medellín, a city with the green color of hope painted on its hills, awaits you and offers a message of faith in the future.
The city is located at an intermediate position between the center of the country and the Pacific and Caribbean regions, putting Medellín in a privileged position for developing economic investment programs for the purpose of exporting. This competitive advantage is reinforced by the fact that it is the Latin American capital with the best public service infrastructure. Added to this is the enterprising vision and commercial temperament of the paisa (as the inhabitant of Antioquia is known in the rest of the country), vital factors for the creation of prosperous, stable and trustworthy businesses.
Textiles and Fashion
This industry, concentrated in Medellín and its metropolitan area, contributes with 60% of the Department’s economy. It is the second industrial center in Colombia. Textile production is Antioquia’s flagship activity, and generates 53% of the region’s industrial employment. The textile manufacturing industry exports its products to international markets. Advances in this sector make Medellín the fashion capital of Latin America.
Its closeness to the Gulf of Uraba, the meeting point of the Americas, and thus with global commerce through the Panama Canal, make Medellín a center for international communications, a key part of the opening up and modernization of the economy. Medellín is a necessary passing point for the two axes conceived for joining South America and Central America by land, including the integration of Venezuela into the Pan-American system. Medellín is 400 kilometers from Bogotá (30 minutes by plane), 416 from Santiago de Cali and 700 from Cartagena. The Colombian Central Highway –much of it already constructed- will bring it closer to Venezuela, through Cúcuta, 567 kilometers distant, and to the Pacific, in the Department of Chocó, and Tribugá bay, a future port for this region. The Western highway offers it easy access to ports on the Atlantic Coast (Cartagena, Barranquilla and Santa Marta) and to the Port of Buenaventura. International Airport: José María Córdova, (Rionegro) 40 minutes outside the city.
The privilege of being surrounded by mountain ranges that remain green throughout the year, gives it spring weather perfect for any activity. Its average temperature is 27 degrees, which allows public and private entities to keep their cultural, recreational, marketing or business activities open year-round. The city is known traditionally as The City of Eternal Spring.
Information taken from: www.medellin.gov.co