Business associations are institutions that seek harmony avoiding discord for economic or professional reasons, fostering fair competition between the institutions belonging to them.
Business associations are of all kinds; whether they are focused about developing cultural, sports, environmental, socioeconomic, processes; or are NGOs, profit-based, among others, and the importance of promoting this type of institution consists in the need to protect the balanced growth of companies at the national level, having as the articulating axis the economic growth of the same society.
FENALCO, being one of the largest business associations in the country and, in turn, one of the most important in Magdalena, has a great responsibility behind it that is reflected day by day in its commitment to the development of the department's economy, working as It indicates it in its vision, promoting innovative products and services that drive business competitiveness, supporting and representing the interests of the members belonging to this institution, no matter if they belong to the institutional, public or private sphere.
Institutions seeking support for their growth will find in FENALCO an institution that provides more than 75 years of experience in the market, providing credibility, knowledge, human talent and infrastructure; also receiving benefits such as promotion and positioning, union representation, alliances and agreements, among others.
Business associations are of great help for the development and positioning of investment projects, as well as these associations, like the case of FENALCO, can represent a joint point in which Projects Stakeholders can work together (financer, auditor, cooperators, and so on). The purpose of business associations like FENALCO, is to provide support for integral development, without neglecting the progress of the departmental economy, promoting products and services that help strengthen fundamental aspects such as they are innovation and competitiveness.
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