🇨🇴 Manizales is a city in central Colombia. It is the capital of the Department of Caldas, and lies near the Nevado del Ruiz volcano. Currently, the city is the main centre for the production of Colombian coffee and an important hub for higher educational institutions.
Economy Its core economy has traditionally been the cultivation and production of coffee. This fomented the creation of new types of employment and several factories, some of which remain in the metropolitan area while others have reduced their operations or moved to other cities aggravating the unemployment problem. These companies manufacture products such as liquor, shoes, rubber, chocolate, banks, detergents and soaps, threshing and packaged coffee, software, and metallurgy, among others. In addition, there are institutions and companies involved in the coffee sector as the Departmental Committee of Coffee Growers of Caldas, Almacafé, Cenicafé, and a number of other industries involved in the process of coffee including threshers, cooperatives, and exporters.
During the latter half of the twentieth century, many universities were founded in the city to the point that some studies regard Manizales as the second largest University city in the country. The universities are attended by students from various regions of the country such as Tolima, Risaralda, Valle, Quindio, Antioquia, Nariño and Huila, among others.
The service sector has thrived, mostly in the form of call centres, and this has become one of the city's primary economic activities.
Manizales won first place in the special category of business promotion in the V Iberoamerican Digital Cities Award, organized by the Latin American Association of Research Centers and Telecommunication Enterprises (AHCIET). In a 2010 study conducted by the World Bank, Manizales was ranked as the best and easiest Colombian city to do business.