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IMPACTO
GROSS DOMESTIC PRODUCT
With more than
1,000 MILLION USD
sales per year,
GALTCO's impact
on Colombia's GDP
COLOMBIA'S TRADE BALANCE
POSITIVE IMPACT OF 1.6%.
MORE THAN USD 850M PER YEAR
IN EXPORT GROWTH
MORE THAN USD 550M PER YEAR
IN INCREASED IMPORTS OF RAW MATERIALS AND
OF RAW MATERIALS AND GOODS
MORE THAN USD 250M PER YEAR
IN COLOMBIAN IMPORT SUBSTITUTION
COLOMBIAN IMPORTS OF GREEN ALUMINUM
JOBS
MORE THAN 1,000 NEW DIRECT JOBS
IN THE PRODUCTION OF PRIMARY GREEN ALUMINUM.
MORE THAN 3,000 NEW DIRECT JOBS
IN THE GREEN ALUMINUM PROCESSING INDUSTRY AND VALUE-ADDED PRODUCTS.
MORE THAN 73,000 NEW DIRECT AND INDIRECT JOBS TO SUPPORT ALUMINUM PRODUCTION AND MANUFACTURING
In the 2019 study, "The Impact of the Aluminum Sector on the UAE Economy," published by EGA and conducted by Oxford Economics, it was revealed that each job within the Aluminum Sector generates an additional 5 jobs in the broader economy. This underscores the sector's profound influence on employment and economic growth.
PROTECCIÓN DE LOS TRABAJOS E INDUSTRIAS EXISTENTES
The Colombian Aluminum industry plays a key role in providing thousands of jobs to meet the country's demands.
With GALTCO, the Aluminum sector gains the ability to procure locally in flexible quantities, be it small, medium, or large volumes, and as frequently as needed. This optimization of logistics not only generates cost savings compared to imports but also results in reduced costs and increased productivity for the sector.
Fostering the Growth and Support of Colombian Industries
With GALTCO, Colombian industries will discover numerous benefits to support their operations and growth, including:
Option to make payments in Colombian Pesos.
Enhanced logistics, enabling local procurement in desired quantities and frequencies.
The capability to secure a future supply of Primary Green Aluminum will assist Colombian industries in fostering their growth and ensuring future sales.
Protect Colombian Exporters from announced tariffs on non-green Aluminum when exporting to the U.S. or European market.
GREEN ENERGY
Sustained utilization of Green Energy in the coming decades, contributing to the optimization of Colombia's resources and hydroelectric power plants, thereby fortifying energy providers.
MAKING ALUMINUM MORE ACCESSIBLE TO COLOMBIANS
Opting for increased aluminum usage is among the most environmentally supportive choices. GALTCO aims to assist Colombia in elevating and sustaining its environmentally friendly utilization of aluminum.
RECICLAJE
GALTCO's Recycling Initiatives will create a viable and profitable avenue for Colombian companies to utilize their scrap aluminum as a form of payment. This initiative also supports thousands of eco-entrepreneurs by providing attractive prices for recycled aluminum, contributing to emission reduction and greenhouse gas avoidance.