According to ProColombia, foreign direct investment in the creative industries, software and IT generated investments of US$1.850bn in the last decade.
Mr. Khemka was formerly Executive Vice President and Chief Technology Officer for DISH Network.
The new public services regulator will absorb the functions of the energy commission and the telecommunications regulatory board, among others.
After a bidding dispute with Comcast, Disney agreed to buy Fox's film and television assets for US$71bn. The move could have implications for the Brazilian market.