GREEN ALUMINUM
TRANSFORMATION
COMPLEX
FOR COLOMBIA
GREEN ALUMINUM
TRANSFORMATION
COMPLEX
FOR COLOMBIA
WHY COLOMBIA?
LOCATION
POPULATION
POPULATION
The American Continent imports over 4 Million Tons of Primary Aluminum per year. Colombia’s location at the center of the Continent, secures enormous savings to the planet on emissions of greenhouse gases by shortening the supply lines.
Strategic location near the United States, Mexico, Brazil, the Panama Canal, Chile, Peru, and some of th
The American Continent imports over 4 Million Tons of Primary Aluminum per year. Colombia’s location at the center of the Continent, secures enormous savings to the planet on emissions of greenhouse gases by shortening the supply lines.
Strategic location near the United States, Mexico, Brazil, the Panama Canal, Chile, Peru, and some of the world's largest alumina sources, all within one week's sailing.
POPULATION
POPULATION
POPULATION
52 million inhabitants. A young population with an admirable culture for education and an extraordinary work ethic, Colombia has one of the youngest and best educated workforces anywhere. Colombia has the 3rd largest population in Latin America, with a vibrant and growing middle class.
PROGRES
POPULATION
GOVERMENT INCENTIVES
The Colombian people and their government are firmly determined to preserve and improve the country's progress and drive the country towards its social, economic and industrial expansion with a focus on leading the culture of social.
GOVERMENT INCENTIVES
GOVERMENT INCENTIVES
GOVERMENT INCENTIVES
A modern, stable, honest and hard-working government that has been able to grow and strengthen the society and economy of Colombia and is fully committed to Colombia leading the region in industrialization with special attention to Orange and Renewable economies. The Colombian government has recently enacted its first mega investment law,
A modern, stable, honest and hard-working government that has been able to grow and strengthen the society and economy of Colombia and is fully committed to Colombia leading the region in industrialization with special attention to Orange and Renewable economies. The Colombian government has recently enacted its first mega investment law, with a wide range of incentives, making Colombia the country in Latin America with the fewest restrictions on investment. The government of Colombia has provided decisive and continuous support for the promotion and development of GALTCO.
INFRASTRUCTURE
GOVERMENT INCENTIVES
ALUMINUM DEMAND
The Autopista al Mar 1 (the Project) is one of the Colombian national government’s fourth generation (4G) road concession projects. The Project, with plans to intervene in approximately 76 kilometers of highway, is located in the department of Antioquia, Colombia.
Once completed, the Project will improve mobility and competitiveness betwee
The Autopista al Mar 1 (the Project) is one of the Colombian national government’s fourth generation (4G) road concession projects. The Project, with plans to intervene in approximately 76 kilometers of highway, is located in the department of Antioquia, Colombia.
Once completed, the Project will improve mobility and competitiveness between the city of Medellín and the country’s main road concessions, uniting them with the main commercial trade centers like the Caribbean coast (Urabá, Antioquia) and the Pacific coast (Buenaventura).
ALUMINUM DEMAND
GOVERMENT INCENTIVES
ALUMINUM DEMAND
Current aluminum consumption in Colombia is around 3 kg per person per year, much lower than the world average of 12 kg per person per year, which offers great opportunities for expansion of the Colombian market for aluminum products. Colombia currently imports over 400 million US$ per year in Aluminum.
MORROSQUILLO GULF
One of the most beautiful gulfs in the western Caribbean, with calm waters all year round, off the beaten track, without sedimentation, natural draft of at least 10 meters, with a projected expansion of a navigable draft of 15 meters, and only 247 nautical miles from the Panama Canal, with industrial and urban land available for development, with brand new highways that connect the Gulf with most of the country's production areas.
This region also houses the Coveñas a Colombian Navy Base.
The government is promoting the development of the Atlantic Coast with the Caribbean diamond plan project where the Gulf of Morrosquillo is an anchor project.
THE GALTCO FORMULA
RESOLVE, KNOWLEDGE, AND GREEN ENERGY.
RESOLVE:
Mega projects like GALTCO are founded on the clear support and commitment of key players providing the essential elements for its development. Together, the government and the private sector will make GALTCO the beating heart for the development of Colombia’s Gulf of Morrosquillo. The government of Colombia at its federal, state and municipal levels has expressed and provided its support for GALTCO. Institutions such as Pro-Colombia, National Planning Directorate (DNP), Ministry of Industry, Ministry of Foreign Relations, Ministry of Energy and the government of the Department of Sucre, have been supporting GALTCO since early stages of development.
KNOWLEDGE:
Our partners are committed to supporting the development of GALTCO with the best of what their world-class expertise brings.
GREEN ENERGY:
Colombia has more than 12,000 MW of installed capacity for hydroelectric energy, and an additional 3,400 MW are projected to be added within the next couple of years from hydro and other green energies, eco friendly, development sustainable.
GALTCO COLOMBIA stakeholders
Decades of global experience in aluminum sector across the entire spectrum from raw material, production, design, marketing, sales, operations, research & development, application and implication of direct and indirect production, with global distribution experience and expertise. Integrator of GALTCO.
With a rich history spanning over 60 years, IFC has been a key player in catalyzing private investment and cultivating markets in areas that need it the most. Since 1956, IFC has successfully mobilized $2.6 billion in capital, channeling over $285 billion in financing to businesses in developing countries. Across the globe, IFC's investments and strategic counsel empower the private sector to generate employment, enhance basic services, nurture small businesses, and contribute to positive socio-economic development.
EDF is a market-leading independent power producer and service provider with more than 35 years of experience. The company offers grid-scale power: wind (onshore and offshore), solar PV and storage projects; distribution-scale power: solar and storage; asset optimization: technical, operational and commercial expertise to maximize the performance of generation projects; and on-site solutions.
The Government of Sucre Department is the regional authority governing the province of Sucre, Colombia. Led by Governor Dr. Lucy Inés García Montes, it oversees provincial administration, public services, economic development, social welfare, education, healthcare, infrastructure and environmental management.
As the foremost Colombian government institution dedicated to fostering Colombian exports, supporting the growth of local businesses, and encouraging foreign investment, we take pride in our role as a pivotal player in the global marketplace. With a widespread presence, our offices span twenty-seven (27) countries, enabling us to facilitate international partnerships and contribute to the global success of Colombian enterprises.
The National Planning Department (DPN) leads the planning sector of the Colombian government and, as part of the Office of the President, serves as technical advisor to the President of Colombia. It develops and defines the country's strategic vision in the social, economic and environmental fields.
galtco stakeholders
The multipurpose port company provides loading and unloading services for container ships, roll-on/roll-off (ro-ro) vessels, bulk carriers, special project cargo vessels and any naval vessel that may require loading or unloading operation services. It invested more than US$250 million between 2013 and 2019 to modernize its 6 port terminal
The multipurpose port company provides loading and unloading services for container ships, roll-on/roll-off (ro-ro) vessels, bulk carriers, special project cargo vessels and any naval vessel that may require loading or unloading operation services. It invested more than US$250 million between 2013 and 2019 to modernize its 6 port terminals operating in Cartagena, Barranquilla, Tolú, Cascajal, Aguadulce and Buenavista in Colombia and handled more than 6.5 million tons of goods at its terminals during 2019.
Providers of international maritime agency services, offshore projects, logistics services and high quality liner services, with a presence in the market for over 40 years. The Cuevas family, founded Deep Blue Ship Agency in 2012, has become one of the leading companies in ship care of all types of cargoes, with presence in all Colombian
Providers of international maritime agency services, offshore projects, logistics services and high quality liner services, with a presence in the market for over 40 years. The Cuevas family, founded Deep Blue Ship Agency in 2012, has become one of the leading companies in ship care of all types of cargoes, with presence in all Colombian ports and maritime terminals.
Deep Blue Ship Agency since its foundation has provided personalized service to more than 3,700 vessels in the last 8 years. Deep Blue Ship Agency was the first Colombian company to support GALTCO and has been and continues to be a valuable and dedicated partner.
Founded in 1974, Asincro has provided excellent Engineering and Construction Management services for the energy industry in Venezuela and Colombia. Asincro has successfully delivered complex power generation and distribution projects for more than 40,000 MWs, with more than 30.3 million work hours of highly specialized services.
Asincro i
Founded in 1974, Asincro has provided excellent Engineering and Construction Management services for the energy industry in Venezuela and Colombia. Asincro has successfully delivered complex power generation and distribution projects for more than 40,000 MWs, with more than 30.3 million work hours of highly specialized services.
Asincro is an innovative firm in the development of business in the energy sector, providing integral engineering solutions with superior quality and a focus on serving communities.
With over 50 years of experience in financing, design, construction and operation of civil infrastructure, GRODCO has consolidated its position among the leading providers of engineering services in Colombia and the Latin American region.
GRODCO has supported the construction and maintenance of thousands of miles of roads, highways, airpor
With over 50 years of experience in financing, design, construction and operation of civil infrastructure, GRODCO has consolidated its position among the leading providers of engineering services in Colombia and the Latin American region.
GRODCO has supported the construction and maintenance of thousands of miles of roads, highways, airport and railroads, for public and private entities that invested more than $3.1 billion in the last 10 years in the region.
ISA is a multi-Latin company with more than 56 years of experience and trajectory. It operates the Electric Energy, Roads and Telecommunications and ICT businesses, connecting millions of people in Colombia, Brazil, Chile, Peru, Bolivia, Argentina and Central America. The company is committed to climate change mitigation and adaptation and energy transition.
Colombia's Ministry of Commerce, Industry and Tourism supports business activity, the production of goods, services and technology, as well as tourism management in the country's regions to improve their competitiveness and sustainability and encourage the generation of greater added value.
The Colombian Ministry of Mines and Energy is the entity in charge of directing national policy on mining, hydrocarbons and energy infrastructure.
REEL is a distinguished industrial group that specializes in sophisticated lifting and handling equipment, along with comprehensive integrated systems solutions. The company boasts a diverse set of expertise, encompassing mechanical, electrical, instrumentation & control, hydraulics, and more. REEL is dedicated to delivering top-notch solutions for complex industrial challenges.
Hatch Colombia, a subsidiary of Hatch Ltd., is a premier engineering and project management consultancy with over 300 engineers in Colombia, boasting extensive expertise in mining, energy, infrastructure and metals sectors, with specialized capabilities in process design, electromechanical and civil engineering, project management and construction management.