Treasury and the IDB activate credits for 200 million dollars to take companies to the southeast

Treasury and the IDB activate credits for 200 million dollars to take companies to the southeast

Yorio, representing the secretary, Rogelio Ramírez de la O, who tested positive for Covid-19 , explained that in addition to the 200 million dollars; another 3 million dollars will be non-reimbursable resources to enhance the resources available to the institution.

To promote investment in this region, the Treasury has designed a stimulus package to encourage companies to deploy productive activities within 10 development poles that will be installed in the Isthmus from 2023, tax incentives will be applied in commercial activities, ISR , VAT and seek to accelerate investment in the corridor, detailed the official.

According to the Treasury, an investment is estimated, between public and private, for 9,200 million dollars, which will generate 150,000 jobs in the states covered by the corridor.

“We are at a global juncture that has increased the need to transfer or relocate value chains in the world, with the aim that these rearrangements resist events that could interrupt them; the interruption causes suspension of trade, cost increases, and times of production and mobilization of products, generating shortages and rising prices,” Yorio commented.

According to the IDB, the potential profit from the relocation of companies in Mexico is 35,000 million dollars, equivalent to 2.6% of GDP, the highest level in Latin America.

Figures from the Mexican Association of Private Industrial Parks (AMPIP) in the first quarter saw a 42% increase in the demand for industrial spaces, compared to the same period last year. Meanwhile, the availability of industrial buildings reached its lowest level in 10 years, with 2.8%. It also began the construction of 82 industrial buildings totaling 1.4 million square meters.



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