Carlos Slim Sees Colombia Rising as Commodity Choice
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Carlos Slim, named the world’s richest man by Forbes Magazine, said he’s seeking to boost his investments in Colombia because of the country’s open policy on oil exploration, its mineral assets and growing middle class.
Slim aims to expand the drilling and oil-platform services he provides Mexico’s Petroleos Mexicanos through exploration opportunities in Colombia, he said yesterday in an interview at Bloomberg News headquarters in New York. Slim, whose holdings rose to $70 billion last year, has stakes in U.S. oil services companies Bronco Drilling Co. and Allis-Chalmers Energy Inc.