Seguros Sura has committed COP 2.5 billion to new infrastructure projects in Antioquia, Colombia, through the government's tax-in-kind program.
The insurer, led by President Juan David Escobar, utilized its tax credits to fund the development, marking the latest expansion of its corporate social responsibility and infrastructure investment strategy in the region.
This transaction brings Seguros Sura's total portfolio under the obras por impuestos mechanism to eight distinct projects across various Colombian regions.
The program allows companies to redirect a portion of their tax payments toward approved public works, providing a mechanism for private capital to address infrastructure gaps while fulfilling fiscal obligations.
The move underscores the growing role of major Colombian insurers in domestic infrastructure financing.
By leveraging tax credits for tangible assets, firms like Seguros Sura are aligning regulatory compliance with long-term regional development goals, particularly in key economic hubs like Antioquia.