The president of the Republic, Ivan Duke, welcomed the decision of private pension funds from invest around $4.5 billion in projects of infrastructure.
The president met this Thursday with the representatives of the National Association of Pension Funds (Asofunds) and assured that this support will allow the country increases road coverage and connectivity.
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“With this important contribution of an additional $4.5 trillion, there is practically a financing portfolio for these projects that exceeds $9 trillion and is close to one point of the Gross Domestic Product (GDP), something truly unprecedented in our country. country”, said the President.
Duque also highlighted the investment made by pension funds in companies that work in the infrastructure development, interconnection, development, energy projects, and assured that this amounts to a portfolio of about $33 billion additional.
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“Among those companies to which these investments are made, there is also ISA and Ecopetrol, companies that fill our country with pride every day.”, said Duque, who also referred to how these investments contribute to the well-being of Colombians and also generate profitability to citizens.
“These actions demonstrate the important role that the savings of all Colombians play when they are well managed and oriented towards producing well-being. For this reason, I reaffirm what I have stated: any precedent, any situation that seeks to expropriate people’s savings resources in pension funds must be clearly and forcefully rejected, because laying hands on people’s savings resources people to nationalize and convert it into pocket money of the Government is a robbery, a robberyDuke said.
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