The Mexico City expects to raise an additional 7,500 million pesos through the increase of the payroll tax (ISN) that will stop from 3% to 4%, which will be allocated to the Capital’s Infrastructure Fund, according to information from the Ministry of Economic Development (Sedeco) local; which will be allocated to mobility, water, security and connectivity projects, in order to improve investment conditions and business growth in the city.
This Wednesday a work table organized by the Sedecowith representatives of the business sector and various agencies of the capital government, to define joint actions around this fund. One of the agreements reached was the creation of a trust to guarantee transparency in the use of the resources collected and monitoring tables will be established to evaluate the progress of the projects.
“A sustainable and competitive city can only be built through joint work between the government, the private sector and society. This Infrastructure Fund responds to a diagnosis shared with the business sector, and seeks to offer comprehensive solutions that directly impact the conditions of security, mobility and quality of life for all of us who live in this great city,” said Manola Zabalza Aldama, head of the Sedeco.
This effort will contribute to strengthen the infrastructure of the Metropolitan Zone of the Valley of Mexicoand represents a first step towards homologation and joint work with the State of Mexico and other entities, including a goal of 24% reduction in greenhouse gas emissions.
Communication with all associations and business chambers was also highlighted about the actions that will continue to be carried out in terms of simplification and digitalization of procedures, as well as in the fight against corruption.
Finally, the Secretary of Tourism, Alejandra Fraustohighlighted that the tourism sector is strategic for the Head of Government, Clara Brugada, and represents an important area for the economic development and well-being of the capital’s population, which is why, together with the Mixed Tourism Promotion Fund of Mexico City Actions will be taken to promote the opening of hotels and expand the supply of rooms, with a view to the 2026 Soccer World Cup.
