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October 21, 2022
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Giovanni Franco was sworn in as Vice Minister of Mines

Giovanni Franco was sworn in as Vice Minister of Mines

This Friday, October 21, he was sworn in before the Minister of Mines and Energy, Irene Vélez, to John Franco What his right hand in mining matters. The new deputy minister is a mining and metallurgy engineer, with a master’s degree in Economic Sciences and a doctorate in Materials Engineering, Science and Technology from the National University of Colombia.

(See: This is the new proposal for taxation of the energy mining sector).

After having passed several names to occupy the position (such as Carlos Alberto Vargas, of whom the portfolio confirmed to Portfolio that he would take office), they confirmed that it would be Franco.

(See: Government and free zones agree on mixed taxation regime).

Within his professional career, he has been a professor, co-director and director of the Faculty of Mines at his alma mater, as well as a 12-year career as the director of the Mining Planning Research Group and the Mining Subdirectorate of the Mining and Energy Planning Unit.

Among the challenges that Franco will have are promote the reform of the mining code, that has been announced on several occasions by the Minister of Mines and Energy, Irene Vélez; advance the review of mining contracts, which has also been announced; create a “new formalization model“, according to portfolio words; as well as define what will happen to the coal mining titles returned by Prodeco and that they were in a new assignment process by the ANM.

(See: Senate and Chamber approved the 2023 General Budget of the Nation).

BRIEFCASE

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