Parex Resources delivered a Tax Works project in Aracataca, Magdalena

Aracataca (Magdalena), December 2, 2024. Ensuring an adequate process of teaching, learning, and skill development for children, youth, and adolescents is a mandate that concerns all sectors of the country. In this context, Parex Resources (Colombia) AG Branch delivered the first Tax Works project in the municipality of Aracataca, Magdalena.

The Company leveraged resources of COP $24.043 million for school and technological supplies, which included kitchen furniture, 2,093 computers, 1,187 workstations, 165 desks, and 105 technological devices, such as televisions, projectors, and digital boards. These items were delivered to 53 educational institutions in the rural and urban areas of Aracataca, benefiting more than 8,640 students and 345 teachers.

Rafael Pinto, Vice President of Government Relations at Parex Resources, stated: “This project is a clear example of the positive impact that can be generated by the union of efforts between the private sector, local and national authorities, and the educational community. Thanks to the provision of furniture and technology, we are transforming the learning environments in Aracataca. At Parex Resources, we believe in the power of education as a driver of change, and we work to ensure that more students have tools that enhance their development and broaden their opportunities.”.

For his part, Raúl Delgado, Director of the Agency for Territorial Renewal, highlighted: “Over the last six years, the Tax Works scheme has consolidated as a key instrument to finance projects that improve the living conditions of those living in regions historically affected by violence and poverty, particularly in the municipalities prioritized by the Territorial Development Programs (PDET). Parex positions itself as the second company to advance projects under this scheme.”.

Committed to the transformation and stabilization of territories, Parex Resources has facilitated, through the Tax Works figure, initiatives for more than COP $310 billion, focused on early childhood, education, risk and disaster management, road infrastructure, water, and sanitation. These projects have been executed in vulnerable municipalities of Arauca, Casanare, Cesar, Magdalena, and Tolima.