Very good write-up. Colombia's GDP is only 50% of the current market of Tesla. Regardless of the political situation, I can see the Colombian economy growing enormously over the coming years.
Thanks. We would need some Capex boom, let's see what the government says about that, but it seems plausible. EM economies have a boom and stagnate cycle, and we had a long stagnate cycle, leaving the country very small in terms of GDP compared to its population and industrial advancement.
Very good write-up. Colombia's GDP is only 50% of the current market of Tesla. Regardless of the political situation, I can see the Colombian economy growing enormously over the coming years.
Thanks. We would need some Capex boom, let's see what the government says about that, but it seems plausible. EM economies have a boom and stagnate cycle, and we had a long stagnate cycle, leaving the country very small in terms of GDP compared to its population and industrial advancement.
Thanks for the write-up. That's a good summary of the situation with Aval.