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1 Reasons to Invest in Barranquilla 2014
2 RAZONES PARA INVERTIR EN BARRANQUILLA Content 1. Strategic Location 2. Port Infrastructure 3. Utilities 4. Human Resources 5. Tax Benefits 6. Economic Centers 7. Quality of Life 8. A new era in Public Management 9. Corporate Commitment 10. A Dynamic Colombia 11. Recent results
3 UBICACIÓN ESTRATÉGICA Strategic Location State of Atlantico Area: Km ² Population: (2014) Capital: Barranquilla GDP: COP$ Thousand of Millions (2012p) GDP per Capita: (2012p) Barranquilla Area: 166 Km ² Population: (2014) Participation in the National GDP: 4% (2012)
4 It offers a preferential location for accesing new markets with which Colombia has concluded trade agreements. National and International Integral Connectivity in transport: Sea and river transportation Air Transportation Terrestrial Transportation Trained, qualified and certified human resources. Real Estate Spaces to supply National and internacional markets free of natural disasters. Industrial Parks Free Zone Business Center, Health, Commerce and Entertaiment. Integration and Commitment by Public Sectors, Academic and Private.
5 UBICACIÓN ESTRATÉGICA Estrategic Location The estrategic location of Barranquilla, can provide to the people living in the Caribbean region. Barranquilla is strategically located in the heart of the Caribbean, 100 km away from Cartagena and Santa Marta. The city is located 1 hour away from Central America and 2 hours away from Miami by air. Barranquilla offers a platform to serve a lucrative market of 1,300 million consumers in 47 countries in Central America, United States, Canada and the European Union. Maritime connection with 122 countries and 459 ports worldwide
6 RAZONES PARA INVERTIR EN BARRANQUILLA Content 1. Strategic Location 2. Port Infrastructure 3. Utilities 4. Human Resources 5. Tax Benefits 6. Economic Centers 7. Quality of Life 8. A new era in Public Management 9. Corporate Commitment 10. A Dynamic Colombia 11. Recent results
7 Port Conssesions Zona Portuaria S.P. Bocas de Ceniza Terminal Las Flores COMPAS Michelmar Siduport BCT Palermo S.P. del Caribe Monómeros Vopak Quintal Riverport Puerto de Barranquilla Port Magdalena Puerto PIMSA Km. 29 Km. 0 Km. 22
8 Deepwater Port Area Zona Portuaria S.P. Bocas de Ceniza Terminal Las Flores S.P. del Caribe Depht: 60 feet Km. 0
9 Proyecto de Navegabilidad por el Rio Magdalena Magdalena River: Navigability Barrancabermeja Bocas de Ceniza Distance: 652 kms Permanent Dragged of the Navigable Canal Minimum Depth: 7 ft. Year 2015 // US$200 millions Puerto Salgar Barrancabermeja Distance: 256 kms Coatings edges Levees channelization Partial closures of side arms in shallow waters Year 2019 // US$400 millions
10 Rio Magdalena, Arteria Fluvial de Colombia Volumes of cargo by transport o Land: 92 % o Ferreous: 7 % o River : 1 % Comparative growth (Last decade) o River Transportation 0.5% o Colombian Economy 4.3% Magdalena River Watershade: Km o 22.9% National Territory o 13 Departments/ 129 Municipalities o Contribute 80% of the GDP 40% decrease in freight rates
11 INFRAESTRUCTURA PORTUARIA Manage 65% of the cargo of the Barranquilla s port area. Barranquilla s port manage 86% of Colombia s steel. Maritime connection with 122 countries and 459 ports worldwide. 15 shipping compalies end up at its dock with access to the east coast, the Caribbean, north of Europe, Central America and Asia. Annual containers manage capacity of teus. For 2033: teus. The first Colombian port with foreign trade 24 hours a day, 7 days a week. Sociedad Portuaria Regional Barranquilla Extensión del puerto 100 Hectáreas Canal de acceso (Profundidad) pies. Muelles Cantidad 6 Calado Máximo 32 pies Bodegas Cantidad 18 Cubiertas Capacidad mt2 Cantidad 14 Patios Capacidad Mts2 Cantidad 8 Bodegas Granel solido Capacidad Mts2 Granel líquido Cantidad 2 Capacidad m3 Grúas Pórtico 4
12 INFRAESTRUCTURA NUEVA ERA EN EL PORTUARIA ATLÁNTICO Vopak Investment Extension of the dock. Floating dock in the Magdalena River, based on US$ 6 the piling. million Extension of M3 twich will reach a capacity of de M3 Terminal port especialized in logistic, liquid, bulk products, services, barges, vegetable oils and minerals. Receipt operations, loading and unloading of ship, storage of products and drum-filling of products.
13 Barranquilla Container Terminal BARRANQUILLA, CORAZON LOGISTICO Proyectos DEL Portuarios CARIBE Sociedad Portuaria de Santa Marta & SSA International It is the only terminal port especialized in containers at the Barranquilla s port with 3 STS Panamax Gantry Cranes. 1 dock: LOA: 182 meters Wide: 35 meters Software implementation of Spinnaker and Mainsail Tideworks. Strategic global partners. e.g. Manzanillo International Terminal in Panama: Manage more than 40% of cargo of trans-shipment to Barranquilla Storage Yard: Square Meters. Investment: $ 40 Million Dollars
14 INFRAESTRUCTURA NUEVA ERA EN EL PORTUARIA ATLÁNTICO It aims to carry out a new port in Barranquilla specializing in the handling of coal and other bulk cargo. It will be located near the mouth of the Magdalena River, just 3.25 Km of Bocas de Ceniza. The scope of the project involves the construction of a Multipurpose Port, specializing in coal and solid bulk, highly efficient direct loading docks and through. The Port in the first phase expected to reach a movement of Three (3) Million Tons per year. It considers to have 2 docks located on the Magdalena River. Depth: 40 feet (12 meters)
15 Port Infraestructure Shipping Lines INFRAESTRUCTURA NUEVA ERA PORT EN EL PORTUARIA FACILITIES ATLÁNTICO Europa Norte Costa Oeste Costa Este Mdeiterraneo Oriente Caribe Costa Pacífica Cono Sur Fuente: Proexport Colombia.
16 RAZONES PARA INVERTIR EN BARRANQUILLA Content 1. Strategic Location 2. Port Infrastructure 3. Utilities 4. Human Resources 5. Tax Benefits 6. Economic Centers 7. Quality of Life 8. A new era in Public Management 9. Corporate Commitment 10. A Dynamic Colombia 11. Recent results
17 SERVICIOS PÚBLICOS CONFIABLES Utilities
18 RAZONES PARA INVERTIR EN BARRANQUILLA Content 1. Strategic Location 2. Port Infrastructure 3. Utilities 4. Human Resources 5. Tax Benefits 6. Economic Centers 7. Quality of Life 8. A new era in Public Management 9. Corporate Commitment 10. A Dynamic Colombia 11. Recent results
19 Barranquilla has a world-class IT infrastructure Barranquilla s backbone is the point of entrance of 5 international submarine cables that connect Barranquilla with the rest of the world. Cables currently available: Panamerican Cable Arcos 1 Cable Maya 1 Cable SAM-1 Cable (Telefónica) CFX-1 Cable (Columbus Networks) By switching directly to the submarine cables in Barranquilla, the companies may reduce their costs and experience higher redundancy levels.
20 BPO Barranquilla, Potencial RECURSO y Oportunidades HUMANO Trainning Initiatives to the Productive Industries The Secretary of Education of the Mayor s Office created the Universidad a tu Barrio project, which provides opportunities to low income young people to study higher education carreers. The Higher Education Centers CEDIES (Spanish abbreviation) objective is to guarantee the progressive training of 10,000 young students every year. The CEDIES are established in 23 high schools venues, and carreers related to technology, port logistics, tourism, accounting and/or business areas, are included in this program.
21 NUEVA ERA EN EL ATLÁNTICO The BPO sector is a iniciative of Barranquilla and the state of Atlantico Contac Barranquilla Initiative between the Ministry of Education and Barranquilla Chamber of Commerce in order to train 1,000 public school students in English. The program consists of 300 hours exclusive to language learning, and certify students in B2 level. (Common European Framework). Latest 100 hours would be devoted to skills training contact center.
22 RAZONES PARA INVERTIR EN BARRANQUILLA Content 1. Strategic Location 2. Port Infrastructure 3. Utilities 4. Human Resources 5. Tax Benefits 6. Economic Centers 7. Quality of Life 8. A new era in Public Management 9. Corporate Commitment 10. A Dynamic Colombia 11. Recent results
23 Industry and Commerce Tax Exemptions INCENTIVOS TRIBUTARIOS Municipality Beneficiaries Jobs Created Time of Exemption Mode of Exemption Barranquilla New Industrial Companies 40 permanent jobs 5 years 100%: Two first years 75%: Third year 50%: Fourth and fifth year Pto. Colombia Barranquilla Tubará Galapa Malambo Sabanagrande Galapa New Industrial, commercial and services companies 60% employees resident of Galapa, and 40% that are hired for a period of more than 10 months 10 years 100%: Two first years 80%: Third and fourth year 60%: Fifth and sixth year 40%: Seventh and height year 20%: Ninth and ten year Malambo New Industrial, commercial and services companies 40 (60% residents of Malambo) 10 years 100% Sabanagrand e New Industrial, commercial and services companies 50 (40% of qualified manpower has to live in Sabanagrande) 10 years 100% Soledad New Industrial, commercial and services companies 25 5 years 100%: Two first years 75%: Third year 50%: Fourth and Fifth year
24 Incentices of the Free Zones Tax and Financial INCENTIVOS TRIBUTARIOS Rental differential rate of 15% (33% outside the zone) Exports from Colombia and the rest of the world to free zone enjoy free VAT exemption. The sale of goods between users of Zone no VAT due. Income tax exemption for members of companies to distribute profits. Excellent use of cash flow by not paying taxes, but when needed Access to credits with BANCOLDEX Dividends received by members of the business users increase by 27%
25 INCENTIVOS TRIBUTARIOS Incentives of the Free Zones Customs Non-payment of customs duties (duty and VAT) on goods purchased in another country (equipment, raw materials and freightand logistics, office, etc), while in Zone. Exemption from value added tax VAT for products purchased in or out of Colombia Partial nationalization of goods. Unlimited storage of foreign goods. No obligations to import. Retirement to Colombia of raw materials and intermediate products for partial processing. Completion of temporary imports Sale of goods to warehouses (In Bond)
26 RAZONES PARA INVERTIR EN BARRANQUILLA Content 1. Strategic Location 2. Port Infrastructure 3. Utilities 4. Human Resources 5. Tax Benefits 6. Economic Centers 7. Quality of Life 8. A new era in Public Management 9. Corporate Commitment 10. A Dynamic Colombia 11. Recent results
27 Free Trade Zones Parques I Established Free Trade Zone 1. PIMSA 2. PI Metro Parque 3. PI Parque industrial La Trinidad 4. PI Zona Express 5. PI Rio Norte 6. PI Marisol 7. PI Vía Alma Carga 9. Gran Central de Abastos 10. Frio Frimac (Cadena de Frio) 11. Zona Industrial La Loma La Maria 13. Colfrigos (Cadena de Frio) Under Construction 1. Europark 2. GalaPark 3. Parque Industrial Moore 4. IP Los Volcanes 5. PI Clavería Projects of Free Trade Zones 1. TLB- Terminal Logístico de BAQ 2. ZIGA- Zona Ind. de Galapa 3. PIPCA 4. Parque Industrial de Tubará 5. Desarrollo Industrial SITUM 6. Marentus 7. La Fontana 8. Green Park 9. Oikos 10. Ecociudades 11. Steel City 12. Pasadena 13. Parque Internacional del Caribe 14. PI del Caribe 15. PI California Permanet Free Trade Zone 1. ZF de Barranquilla 2. ZF La Cayena 3. ZOFIA Waiting to be declared Free Trade Zone 1. ZF del Rio Ubicaciones Aproximadas
28 NUEVA ERA EN EL ATLÁNTICO Is the only Free Trade Zone located next to a port, which is owned by Sociedad Portuaria Regional de Barranquilla, with internal access to the port. Located 15 minutes from the Ernesto Cortissoz International Airport. Tax Exemptions: Income tax 15%. Do not charge or pay VAT or duties. Lease of warehouses and yards to industrial and commercial business, which sales priority are the external markets. Total Area: m² Productive Area: m² Cost: USD$8,50 Rent Warehouses Square Meter USD$3 Rent Area Square Meter 50 years in operation
29 NUEVA ERA EN EL ATLÁNTICO Located in Galapa 2,5 Km. from Barranquilla. 9,5 Km. From the ports Area. A 9 Km. From the Ernesto Cortizzoa International Airport. Total Area: Square Meters. Productive Area: m² (27 blocks with 406 lands, 2,100 m2 each one) Cost: COP$ * Location: Depending on Availability *Montly fee without increase.
30 BARRANQUILLA, CORAZON LOGISTICO DEL CARIBE It is a project that is dedicated to strengthening of the Materials Construction cluster. It has the Alfa Group factory, the largest ceramic plant in the country and its distribution center for the domestic market and the North American market Total Area: Square Meters. Urbanizable Area: ,93 Square Meters (15 Blocks). This free trade zone is located 26,5 km from the port. It is located 18,5 Km from The puerto de Aguas Profundas. Approximate construction time: 4 Months This free zone has a scale service, fork lift, crane, and also all publics services. Private security with security cameras and alarms. Costs: Rent Warehouses: COP$ $7,5 USD Sale Land: COP $ (USD $3.7) Square Meters Built COP$
31 Free Trade Zones Un creciente número de proyectos industriales, NUEVA comerciales ERA EN EL y ATLÁNTICO portuarios The clinic will offer advanced technology and a networking monitors to facilitate the review of diagnostic images of his / her patients. As special services, CLINIC PORTOAZUL will possess clinical laboratory, gastroenterology unit, cardiology unit, respiratory therapy unit, physical therapy and ophthalmology unit.
32 Barranquilla has the best Shopping mall in the Region 1. Barranquilla has more than 20 Malls. 2. People who live in the Caribbean Region come to the city to shopping. 3. The first PriceSmart store in South America is located in Barranquilla 4. Cases: 5. New Malls Nuevos Centros Comerciales 44
33 Business Centers Established 1. Las Américas I 2. Las Américas II 3. Inverfin 4. Centro Ejecutivo 5. Míx Vía Santa Clara 7. Ocean Tower 8. Plaza Smart Office Under Construction 1. Green Towers 2. Torre Atlántica 3. Torres del Atlántico 4. Blue Gardens 5. BC Empresarial 6. Atlantic Tower 7. CE Buena Vista Business 1. Las Américas III 2. BAQ Trade Center 3. Buró CE Puerta de Oro Approximate locations
34 Health Care Center New and advanced medical NUEVA and ERA commercial EN EL ATLÁNTICO centers Established: 1. Centro Oftalmologico Carriazo 2. Clínica General del Norte* 3. Clínica Oftalmológica del Caribe* 4. Clínica La Asunción* 5. Genavie 6. Clínica Portoazul Under Construction: 1. Clínica Iberoamericana 2. Clínica Misericordia Norte * Clinics with expansion plans in the coming years. Ubicaciones Aproximadas
35 RAZONES PARA INVERTIR EN BARRANQUILLA Contents 1. Strategic Location 2. Port Infrastructure 3. Utilities 4. Human Resources 5. Tax Benefits 6. Economic Centers 7. Quality of Life 8. A new era in Public Management 9. Corporate Commitment 10. A Dynamic Colombia 11. Recent results
36 Hotels Hotels Category 5: 1. SmartSuites Hotel 2. Hotel Estelar 3. Hotel Sonesta 4. Hotel Dann Carlton 5. Hotel Barranquilla Plaza 6. Hotel Country Intl. 7. Hampton Inn by Hilton 8. Hotel Windsor Hotels Under Construction: 1. Hilton Garden Inn 2. Holiday Inn Express 3. BH Hotels 4. Hotel Four Points by Sheraton 5. Hotel Oxford 6. Hotel Washington Plaza 7. Hotel Royal Washington Hotels Projects: 1. Movich Hotels 2. Sonesta Suites 3. Hotel Country Intl (exp) 4. Hotel CEEC - Terranum 5. Hotel Marina Puerto Velero 6. Hotel Barranquilla Plaza (exp) 7. Hotel City Express Ubicaciones Aproximadas
37 CALIDAD DE VIDA Located in the Center Rosario Barrio Abajo sector. It comprises three structures The Caribbean Museum, the Modern Art of the Caribbean Museum and the Film library of the Caribbean
38 CALIDAD DE VIDA Culture and Entertaiment Some of the biggest events in the Region are: (Carnaval de Barranquilla) -UNESCO, describes the latter as an Oral and Intangible Heritage of Humanity with over 150 years of tradition-, among others. BarranquiJazz Plataforma K Carnaval de las Artes Sabor Barranquilla
39 It will be the largest in the Caribbean, with the highest international standards in water services in the Colombian Caribbean Sea. 32 hectare of terrestrial use. Investment $10 million USD 500 sailboat mooring Nautical charter services: diving, fishing and walking Sailing School Social Club: Hotel, cottages, restaurant, bar, pool, spa, gym, tennis courts, volleyball, golf court
40 RAZONES PARA INVERTIR EN BARRANQUILLA Content 1. Strategic Location 2. Port Infrastructure 3. Utilities 4. Human Resources 5. Tax Benefits 6. Economic Centers 7. Quality of Life 8. A new era in Public Management 9. Corporate Commitment 10. A Dynamic Colombia 11. Recent results
41 NUEVA ERA EN GESTIÓN PÚBLICA Institutional support from the Mayor s Office and the Governor s Office, as well as the different entities in the public sector that guarantee businessmen having a wide range of services for the optimum establishment of their businesses.
42 Rio Magdalena- Arteria Fluvial Magdalena River, Waterway of Colombia Volumes of cargo through transport o Land: 92 % o Railways: 7 % o Fluvial: 1 % Comparative growth (Last decade) o Fluvial Transport 0.5% o Colombian Economy 4.3% Magdalena River Watershed: Km o 22.9% Homeland o 13 Departaments/ 129 Towns o It contributes 80% of GDP 40% decrease in freight rates
43 First Port Corridor of Barranquilla ( Under Construction) BARRANQUILLA, CORAZON NUEVA LOGISTICO ERA EN EL DEL ATLÁNTICO CARIBE It will connect the Pumarejo Bridge passing through the industrial and port zone with Barranquilla s mayor Ring Road, avoiding trucks enter the city The route will go from The Pumarejo Bridge where will the seconf driveway behind the free trade zone of barranquillita, util 46 avenue, it will arrive to via 40, there wil be a urban to Investment: US$ 200 millions
44 Circunvalar de la Prosperidad Ringroad Prosperidad del Atlántico)
45 New Pumarejo Bridge of Barranquilla Promote commercial trade within the country and the departments of the Coast and Venezuela. Articulate terrestrial mode connectivity with the maritime and fluvial mode Dual Carriageway, each in three vehicle lanes, cycle route and a sidewalk tons barges tons, and 7 mts depth Investment of $560 million USD Starts 2015 and will be finished in 5 years
46 Total Area: m2 EXHIBITION CENTER (2015) Build Area: m² Pavilion: m² columm-free Future Expansion: m² Height: 14 meters Capacity: people TOURISTIC BOARDWALK (2015) Lenght: 580 meters Two levels of stores, restaurants and casino BUSINESS CENTER (2016) Area: m² Four Towers for business and hotelier use Levels. CONVENTION CENTER (2017) Capacity : people Investment: USD $ Public Private Partnership:
47 RAZONES PARA INVERTIR EN BARRANQUILLA Content 1. Strategic Location 2. Port Infrastructure 3. Utilities 4. Human Resources 5. Tax Benefits 6. Economic Centers 7. Quality of Life 8. A new era in Public Management 9. Corporate Commitment 10. A Dynamic Colombia 11. Recent results
48 APOYO INSTITUCIONAL Corporate Commitment ProBarranquilla, the Investment Promotion Agency of Barranquilla and the State of Atlantico. A private institution sponsored by more than 90 companies and with a strong support of the public sector. Services (confidentiality and free-of-charge) Streamlining of steps in private and public entities. Set up of agendas and logistic support to visits our city. Contact with suitable suppliers or costumers. Recruitment and selection of the right human resource. Information Legal, tributary and labor regime. Imports and exports regulations. Steps for the establishment of new companies. Costs of utilities. Availability of lots, warehouses, offices, apartments, among others.
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51 Strategic Sectors BPO & IT Logistics & Transportation Steel & Iron Building Materials Chemical & Plastics
52 Supported Investment Opportunities Baseline:293 January- December Investment Opportunities Information Request
53 Investment by Sector Baseline: USD$706 Millones Inversion por sectores Business Machine and Equipment 10% Hotels and Tourism 5% Transportation 21% Consumer Products 11% Metals 15% Building and Construction Materials 11% BPO&IT 13% Healthcare 14%
54 Investment by Countries Baseline: USD$706 Millones United States 19% Inversión por Origen Brasil 14% Chile 29% Colombia 38%
55 Employment Enero-Diciembre Supported Employment Unsupported Investment Installed and Reinverstemt 0
56 Employment by Sector Baseline: Leisure and Entertainment 8% Building and Construction Materials 7% BPO&IT 6% Hotels and Tourism 10% Consumer Products 43% Metals 12% Healthcare 14%
57 Employment by Countries Baseline: Empleos por Origen United States 24% Chile 14% Colombia 62%
58 RAZONES PARA INVERTIR EN BARRANQUILLA Contents 1. Strategic Location 2. Port Infrastructure 3. Utilities 4. Human Resources 5. Tax Benefits 6. Economic Centers 7. Quality of Life 8. A new era in Public Management 9. Corporate Commitment 10. A Dynamic Colombia 11. Recent results
59 COLOMBIA EN MARCHA FDI in Colombia US$ Million Fuente: Banco de la República-Balanza de Pagos
60 Miles de US$ Exports-imports State of Atlántico Comercio Exterior del Atlántico Exports Imports Main exports destinations 2012: EEUU 18% Venezuela 11% China 9% Ecuador 8% Brasil 7% Perú 4% Main Imports Destinations 2012: EEUU 25% China 18% Brasil 6% México 4% Argentina 4%
61 COLOMBIA EN MARCHA Free Trade Agreements Fuente: Proexport 2014
62 COLOMBIA EN MARCHA Double Taxation Agreements - DTA Fuente: Proexport 2014
63 COLOMBIA EN MARCHA International Investment Agreements - IIA Note: The International investment agreements (IIA) include Agreement Investment Treaties BIT (agreement) and free trade agreements- FTA- with investment section.(chapter) Source: Proexport 2014
64 RAZONES PARA INVERTIR EN BARRANQUILLA Content 1. Strategic Location 2. Port Infrastructure 3. Utilities 4. Human Resources 5. Tax Benefits 6. Economic Centers 7. Quality of Life 8. A new era in Public Management 9. Corporate Commitment 10. A Dynamic Colombia 11. Recent results
65 GDP: Atlantico pr pr 2012pr Value in millions of pesos Fuente: DANE National Conntribution: 3,9 % Distribution: o 21% Business Services Establishments o 16% Other Social and Community Services o 15% Manufacturing o 14% Trade, Hotel, Food and MRO
66 Average annual unemployment rate 2013 (December) NUEVA RESULTADOS ERA EN EL RECIENTES ATLÁNTICO 18,0 16,0 14,0 12,0 10,0 15,0 15,6 15,6 16,2 16,1 14,1 14,513,6 13,6 11,8 12,912,0 11,2 11,3 11,4 10,9 10,6 12,0 11,8 10,8 10,4 9,6 8,0 6,0 9,2 8,2 8,3 8,0 4,0 2,0 0,
67 Rate of unemployment (December February 2014) NEW ERA IN THE STATE OF ATLANTICO Barranquilla Bucaramanga Bogotá Valledupar Cartagena Sincelejo Riohacha Medellín Montería Santa Marta Manizales Neiva Villavicencio Tunja Pasto Ibagué Popayán Cali Florencia Quibdó Pereira Armenia Cúcuta 7,4 8,1 8,4 8,5 8,7 9,6 9,8 10,1 10,4 10,6 10,9 11,0 11,4 11,5 11,8 12,8 13,5 13,5 13,6 13,7 14,5 15,7 15,8 Fuente: DANE. Elaboración Fundesarrollo
68 Rankings Internacionales By 2025 it is estimated that 60% of global growth will be generated by 600 cities. On that date, 136 new cities would enter the top 600 and Latin America will be the source of 8 of them, including Cancun and Barranquilla 2011
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