Message from our Chief Executive to shareholders and interest groups.
Twenty years ago, as a response to the government’s interest in incrementing the productivity of state enterprises, the proposal was made for the privatization of the five existing free zones in the country; being Barranquilla’s Free Zone a pioneer within this group.
Accepting the invitation of the then Minister of Foreign Trada, a group of users, interested in guaranteeing judicial and economical stability for the stablished enterprises, formed a society in order to apply as a qualified Barranquilla Free Zone Operating User, which was awarded through Resolution 0978 of 1994.
From those early days, where 421 million dollars in merchandise where transported a year, where the area occupation barely reached a 40% of the total rentable area, where the society’s patrimonial value amounted to 3,341 million and its assets 3,974 million, both in today’s prices, where profit was not perceived as a priority against the benefit that represented the viability of the customs operation.
By the end of 2014 we have an organisation with an impact in the world of foreign trade, that has coherently expanded in its scope towards segments that leverage and enhance the logistics chain of trade in goods and services, that influence the development of the country’s port activity, that is deliberative in taking local decisions in the areas where enterprises of interest are located, which has industry recognition for the seriousness and reliability of its operation, has multiplied its patrimonial value to 53,121 million and has at its disposal assets with a value of 165,331 million, and registers 566,000 foreign trade operations in its managed special and permanent free zones, through which 5,250 million dollars where set in motion.
This is today’s Barranquilla Free Zone, with which we participate in the building of a better and more sustainable tomorrow for all of our interest groups.
The concerted and inclusive leadership that has structured the growth and expansion of the organization over the years, has allowed us today to feel pleased, not just for the specific benefits received, but for the fact of being part of an enterprise that builds its sustainability in leaving footprints of growth and progress, in each action completed with the joy and passion that characterise us.