Coal, oil and natural gas have so far been the most prominent sectors receiving FDI. Up to September 2010, figures from fDi Markets recorded 77 projects for the country, compared to a total of 61 in 2009.

The country is set to surpass its record number of projects received in 2008, when it had 78 investments.

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In recent examples, Canadian oil and gas producer Pacific Rubiales said it planned to invest up to $2bn in 2011 and 2012 to increase production at its Colombian operations.

Another Canadian firm, Canacol Energy, is to construct a new facility in Colombia that will be part of a $46m investment in the region.