The Páez River (Río Páez ) is a river in southwestern
Colombia
Colombia (, ; ), officially the Republic of Colombia, is a country in South America with insular regions in North America—near Nicaragua's Caribbean coast—as well as in the Pacific Ocean. The Colombian mainland is bordered by the Car ...
. It is a tributary of the
Magdalena River
The Magdalena River ( es, Río Magdalena, ; less commonly ) is the main river of Colombia, flowing northward about through the western half of the country. It takes its name from the biblical figure Mary Magdalene. It is navigable through much of ...
which drains into the
Caribbean Sea
The Caribbean Sea ( es, Mar Caribe; french: Mer des Caraïbes; ht, Lanmè Karayib; jam, Kiaribiyan Sii; nl, Caraïbische Zee; pap, Laman Karibe) is a sea of the Atlantic Ocean in the tropics of the Western Hemisphere. It is bounded by Mexico ...
. It flows into the Magdalena just south of the village of Remolino del Vicho.
Earthquake
On 6 June 1994, a 6.4 magnitude earthquake stuck in the Páez River area causing extensive landsliding and resulting in over 1,100 dead and the displacement of almost the entire population of 15 municipalities in the departments of
Cauca and
Huila. Six bridges and over of roads were destroyed by the landslides. In order to spur development in the Paez River region, Colombia Law 218 of 1995 was passed that granted exemptions on income tax for 10 years for investments made in the departments of Cauca and Huila.
[Giugale, Marcelo; Lafourcade, Olivier and Luff, Connie (2003) "The Tax System" ''Colombia: the economic foundation of peace'' International Bank for Reconstruction and Development (]World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ...
), Washington DC,
page 189
/ref>
See also
* List of rivers of Colombia
Notes
References
*Rand McNally, The New International Atlas, 1993.
Rivers of Colombia
Magdalena River
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