Colombia is among the top 30 world powers. It is not science fiction but the result of an extensive study conducted in 2010 by the HSBC bank to look at where the emerging economies will be by 2050.
Ranked 39th richest country in the world in 2010, Colombia should climb to 26th place within 35 years. Per capita income will almost quadruple in the meantime, while the local population will rise from around fifty million inhabitants today to more than 60 million at this date. With a GDP growth rate of 5% on average per year, Colombia has made notable progress in the region. A growth which lies mainly on mine & oil industries and massive investment in urban infrastructure to build Colombia’s future.
5 MILLION COLOMBIAN PEOPLE SERVED BY VEOLIA
For 20 years, Veolia has been supporting Colombia’s development and in particular progress in terms of access to water and sanitation for the local population. The country is on track to meet the Millennium Development Goals launched in 2000 by the United Nations. The part of the population with access to safe water rose from 88% to 91% according to the latest report of the Joint Monitoring Programme, while the sanitation coverage rate has now reached 90% as against 78% in 1990, which was the benchmark year. Veolia contributes by providing drinking water and wastewater treatment for residents in the cities of Bogota, Ibagué, Monteria, Tunja and San Andres.
The Group also handles waste and is responsible for urban cleaning in Bucaramanga, Cúcuta and Valle del Cauca.
In all, 5 million Colombians are served by Veolia.
Industry has not been left out. In 2014, Veolia, which already handles hazardous waste from several local industries, signed its first contract with Colombia’s largest oil company, Ecopetrol, for the treatment and recycling of water produced on its Castilla site. It is the largest facility of its kind in Latin America. Other contracts are expected to follow in the oil and gas sector as well as in the mining sector, two major growth sectors for Veolia, both in the country and in the world. Veolia puts all its expertise in terms of waste recovery and water and energy efficiency to enable Colombia to continue its growth without altering its natural resources and biodiversity, which are also part of its wealth.