Colombian President Juan Manuel Santos on Wednesday announced that the Colombian government will invest close to $110 million in the islands of San Andres, Providencia and Santa Catalina.
The tiny Caribbean island of San Andres has garnered international headlines of late due to a ruling by the Hague which granted a sizable portion of the island’s maritime territory to Nicaragua while maintaining Colombia’s jurisdiction over the island itself.
“I repeat, we are not going to stop any attempt [or] effort to recover and ensure the rights of not only native islanders but all islanders, and all Colombians,” said the president.
San Andres’ governor had previously expressed her concern for her island’s fishing industry especially the Raizal [indigenous San Andresanos] community.
Santos explained that the investment will be broken into two stages —
According to Santos, these investments will inject “new air” into the archipelago.
“We will do everything within our domain, our power, to [make the archipelagos] better, ultimately, than they were before the failure,” said the president.
Santos contemplated earlier this week about declaring a state of emergency in San Andres, therefore granting himself presidential powers to
“We decided to include two important aspects in the [proposed] tax reform: first, the creation of a sub-account…devoted exclusively…to humanitarian investments in San Andres, Providencia and Santa Catalina…and we also included [a] reform…to give tax exemptions to investors who want to…invest in San Andres and Providencia,” Santos explained.