The diverse opportunities in Colombia available to UK agri-tech companies is the focus of an Agri-EPI Centre webinar on Thursday 23 April.
Agri-EPI’s Director of Business Development Lisa Williams, who will co-host the webinar, was part of a recent trade mission to Colombia, organised by the Prosperity Fund, the Knowledge Transfer Network and the International Centre for Tropical Agriculture (CIAT). During a tour of the country, Lisa witnessed first-hand the many opportunities, particularly those associated with fruit, coffee, livestock and cocoa supply chains.
“There is so much potential in Colombia for UK agri-tech businesses. At present, there is a significant gap in yield between the smallest and largest producers and technology is needed to help fill the gap.
“It’s clear that the Colombian government and its agri-food sector want to increase food production, but, crucially, they want to achieve this sustainably, meaning technology has a huge role to play in increasing precision and efficiency across all sectors. The various organisations I met are extremely interested in working with UK agri-tech companies so there is a huge opportunity in this diverse country.”
Agri-tech in Colombia
Colombia is the third largest Latin American country by population (49.8m) and the fourth largest by GDP. It had an average economic growth of over 4% between 2001 and 2017 and grew 2.7% in 2018. Ranked third in Latin America and the Caribbean for “ease of doing business” in 2017 by World Bank and the IMF, Colombia has access to 60 countries and more than 1.5 billion consumers through its network of trade agreements. Some of these agreements include the US, Canada, the EU, and South Korea.
Hosting the webinar with Lisa will be representatives from the British Embassy Colombia, Catapult Satellite Applications and Knowledge Transfer Network.
The speakers will provide an overview of findings from the trade mission and how UK agri-tech companies can respond to the needs of the Colombian agri-food supply chain. There will also be information about Colombia’s major trade show, ‘Expo Agrofuturo’, which, coronavirus restrictions allowing, is planned for August this year.
More information and sign up details for the webinar can be found here.