Aval Asset Management manages over $546 billion in 99 projects

Aval Asset Management manages a portfolio of 99 projects worth $546.697 billion under Colombia's Obras por Impuestos mechanism.

The education sector accounts for 44 projects worth $215.300 billion, equivalent to 39.4% of the total. Road infrastructure follows closely with 31 projects valued at $214.600 billion, representing 39.3%.

The projects are located in regions including Antioquia, Santander, Tolima, Cundinamarca, La Guajira and Valle del Cauca. The average value per initiative is $5.522 billion.

Notable examples include the improvement of the Moreneros - Acueducto Aqualia road in Riohacha for $42.437 billion and the construction of the Institución Educativa Primitivo Crespo in Riofrío for $32.656 billion. Alejandro Gómez, president of Aval Asset Management, noted that the mechanism turns tax obligations into infrastructure with traceability and control.

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Illustration showing President Petro rejecting Odinsa's toll proposal, with a business leader criticizing the decision.
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Government rejects Odinsa toll proposal in Eje Cafetero

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The National Infrastructure Agency rejected Odinsa's private initiative IP Conexión Centro, which included $7 trillion in investments. President Gustavo Petro defended the decision, while business leader Bruce Mac Master criticized it.

Aval Fiduciaria, a subsidiary of Grupo Aval, and BlackRock have launched a new Collective Investment Fund (FIC) allowing Colombians to access global markets from $1 million via ETFs listed on the Colombia Stock Exchange. The product aims to boost fund participation, currently at just 5% of the population. It features a fully digital onboarding process completed in under five minutes.

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Since June 12 the 106.9-kilometer corridor has been under regional government and Invías control, which confirmed an initial 9 billion pesos investment for its upkeep.

Clients of Aval Fiduciaria Asset Management who hold accounts at Banco de Occidente can now schedule automatic contributions to their collective investment funds through the bank's transactional portal.

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BBVA announced an investment exceeding 300 billion pesos in artificial intelligence and technological capabilities in Colombia, as part of its 30 years of operations in the country.

Colombia's Ministry of Finance placed 900 billion pesos in short-term Treasury titles (TCO) through a public auction, with a cutoff rate of 13.65% for the one-year reference maturing on March 23, 2027. It received bids totaling 1.3 trillion pesos, 1.5 times the amount offered.

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The Consejo Gremial stated that the transfer of $5 trillion from AFPs to Colpensiones within six days is unnecessary to cover pensions for those who switched via the opportunity window.

 

 

 

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