Achieving valuable partnerships at TFZ

Achieving valuable partnerships at TFZ


By: Yudy Uribe, Managin Director Tayrona Free Zone

In its objective of attracting companies that provide benefits   to   Santa    Marta    and  Magdalena,  Tayrona Free Zone (TFZ) has focused its efforts on creating an environment conducive to investment through its strategy of forming clusters. Thus improving the quality of life of the inhabitants of  the region and  generating new opportunities for formal employment. In line with this goal, and after several years of negotiations, TFZ is delighted to welcome the Nutresa Group to its select family. This important multinational is linked to TFZ through the construction of a multi-category production plant, with an investment of approximately US$ 133 million. This investment will create 400 new direct jobs, and the plant is projected to begin operations in late 2021.

In the words of Dr. Carlos Ignacio Gallego, president of Nutresa Group: “This decision reaffirms the possibility of carrying out projects that bring economic, social and environmental development, all at the same time, in a framework that allows the advantages of free trade agreements and existing regional commerce, and also promotes investment and the development of private activity under a regulatory framework.”

Among the factors that facilitated Nutresa Group’s decision to select TFZ was its strategic location, which offers magnificent logistical connections with multiple and efficient options to approach the main markets across the continent and Europe. Also, its climate is favourable, which helps to preserve goods thanks to low humidity. Finally, the suitable and timely service the region can provide in agricultural matters, including easy access to all the oils of the DAABON group, will ensure the success of the project. With this new development, the growth and progress of TFZ continues.