'The only way Colombia can recover investment levels is through the mining-energy sector': Oviedo

TL;DR

Juan Daniel Oviedo, vicepresidential candidate for Paloma Valencia, stated that the mining-energy sector is the only path for Colombia to exit its fiscal crisis and recover investment levels.
Oviedo emphasized the need for a government that can unite the private sector and civil society to overcome the false dilemma between mining and environmental concerns, arguing that mining is essential for infrastructure development and solving issues like water and sewage systems.
The proposal includes incorporating legal stability frameworks for the mining sector to attract foreign investment and ensuring territorial security.
A remedial tax reform is suggested to reduce corporate tax rates and reconsider carbon tax tariffs, aiming to alleviate the burden on the private sector, particularly the mining-energy industry.
Oviedo supports the use of fracking, referencing the Puerto Wilches project as an opportunity for innovation and learning, and to explore the potential for electricity generation through geothermal energy.

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