Tax incentives, key to recovering jobs: Coparmex

Puebla, Pue. The Employers’ Confederation of the Mexican Republic (Coparmex) in Puebla warned that while conditions with better tax incentives are not generated and the carrying out of trade missions continues, it will be difficult to attract investment, and that the 21,000 jobs lost due to the pandemic of Covid-19.

Fernando Treviño Núñez, president of the organization, stated that the authorities have not developed support for businessmen to make an economic recovery tangible by 2022, as the state government has planned.

“No new investments have been made known by the authorities throughout 2021, but only reinvestments of companies installed in Puebla territory, despite the fact that there are conditions to receive more industries in general,” he said.

He indicated that Puebla has lagged behind in actions compared to other entities to reactivate the economy and it has not been considered urgent to leave the country to seek to attract investment.

He commented that businessmen are making their own strategies to seek partners in other countries, with 2022 as their goal, although the Puebla government could lead these trade missions. “We need to generate conditions of confidence in the state, security and a range of supply compared to what other entities offer for foreign investment.”

Treviño Núñez urged the state and municipal economic development authorities to also invite foreign businessmen to visit Puebla, because so far there is little activity on this issue.

He said that the Private Initiative requires more collaboration from the governments, because “we are the ones who invest and the recovery of 21,000 jobs will not happen because only the authority says and that’s it.”

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Reference-www.eleconomista.com.mx

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