Our neighbor is doing quite well and has been in the news in many fronts including foreign investment here in Central America.  Direct investment by Colombian companies came to about $1 billion in 2010, a giant leap forward compared to the $27 million in 2004.

Central America has become a kind of “Promised Land” for large companies in Colombia, writes ElTiempo.com.

The latest example of large-scale landing in the economies of the isthmus is the recent $801 million purchase of the assets of the HSBC bank in Costa Rica, El Salvador and Honduras by Banco Davivienda.

“Also noteworthy was the purchase of the Agricultural Bank of El Salvador by Bancolombia and BAC Credomatic, which was sold to the Banco de Bogota. Similarly, the alliance between Avianca and the Salvadoran Taca,” according to the website.