The majority of roses Americans give one another on Valentine’s Day, roughly 200 million in all, grow here, the savanna outside Bogota, Colombia, summoned from the soil by 12 hours of natural sunlight, the 8,400-foot altitude and an abundance of cheap labor.
They call what they are building Puertopia. But then someone told them, apparently in all seriousness, that it translates to “eternal boy playground” in Latin. So they are changing the name: They will call it Sol.
This past week, China held its second ministerial meeting with the Community of Latin American and Caribbean States (CELAC) in Santiago, Chile. There China announced plans to have the Belt and Road Initiative (BRI), its flagship economic and development program, invest in Latin America.
The latest supply chain news, analysis, trends and best practices for companies operating in Latin America. The Latin American region consists of 19 sovereign states and several territories and dependencies that stretch from the northern border of Mexico to the southern tip of South America. Learn how businesses are optimizing supply chain and logistics performance in these regions - addressing a range of challenges such as rising labor costs, poor infrastructure, complex customs and tax laws, unstable political climates and government controlled exchange rates.
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