The state of Puebla, Mexico, has made significant progress in sustainable mobility through public policies and private sector investments.
As part of the strategies to ensure inclusive, safe, sustainable and resilient mobility, the government of Puebla recently announced a technical study on the Via Atlixcáyotl to implement actions that contribute to this end.
In addition, the region’s authorities approved tax incentives to boost investment through the nearshoring phenomenon, which could be used to strengthen the automotive and electromobility sectors.
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In a conversation with El Sol de Puebla, the Secretary of Economy, Ermilo Barrera Novelo assured that the initiative is an important opportunity to accelerate the arrival of new companies to the entity.
“In Puebla we are prepared to receive these stimuli and it is expected that we will continue to bet on automotive and electromobility, although many other sectors have a great opportunity,” he said.
Established Regulations
Barrera said the state government also has its own law that grants incentives to companies to improve their productivity and competitiveness on a global level.
“Undoubtedly, in Puebla we want more investments and we will see how we can align federal incentives with state incentives so that both can be used in the best way in the state,” he explained.
It is worth noting that the Ministry of Finance recently published a series of tax incentives in 10 key productive sectors to attract private investment through nearshoring.
Some of these are products destined for human and animal feed; fertilizers and agrochemicals; raw material for the pharmaceutical industry, electronic components; machinery for watches; batteries; gasoline engines, electronic equipment; combustion engines and non-electronic equipment for medical, dental and laboratory use.
More Exemptions
Some of the benefits for companies seeking to relocate include an accelerated investment deduction for businesses, ranging from 56% to 89%.
In addition, an additional 25% deduction is guaranteed for three years for employee training expenses, focusing on human capital development.
Latam Mobility Starts 2024 Tour in Monterrey
Latam Mobility, Latin America’s largest sustainable mobility community, will arrive in Monterrey on February 8 with the “North America Mobility and Net Zero Summit 2024”.
The meeting will bring together industry leaders, major automotive manufacturers and prominent representatives from the public sector, who will offer perspectives and projects on sustainable mobility in Mexico and the region.
