Home Business 1.3 billion pesos have been invested for the economic reactivation of SMA

1.3 billion pesos have been invested for the economic reactivation of SMA

by sanmigueltimes
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San Miguel de Allende, Gto. – From the beginning of the coronavirus contingency, the municipal president of SMA, Luis Alberto Villarreal García, sought solutions to help the most vulnerable sectors and, together with the State Government, allocated 1.3 billion pesos for the economic reactivation of the municipality promoting public and private investment.

San Miguel de Allende is an example of support for the local economy, despite the challenge posed by the current pandemic, the municipal president, Luis Alberto Villarreal García, and the governor, Diego Sinhue Rodríguez Vallejo, started the expansion of the Industrial Park on August 18.

The municipality of San Miguel recognized that “if something is missing from the global economy in our country, it is the type of investment that creates jobs”, and more so in these uncertain times that are not easy for the people of Guanajuato and the rest of the world.

This extension represents the generation of 500 jobs over the next 5 years, thanks to an investment of 15.2 million US dollars with the constant support of the State Government. In addition, five large, world-class hotels are in the process of being built, as well as the expansion of different production plants for auto parts in the region.

Through Guanajuato Funds, 2,500 jobs were rescued thanks to loans for 60 million pesos for 235 companies; the symbolic delivery of the financing for this program was on August 25.

The municipal president, Luis Alberto Villarreal García highlighted, “We have made a great effort, government and society, state and municipality, we are going to move forward because we are in solidarity; it is you and your workers who are going to make this country stand up ”.

The Strategic Coordinator of Guanajuato Funds, Carlos Martínez Bravo, representing Governor Diego Sinhue Rodríguez Vallejo, mentioned that these actions represent a very encouraging hope for a better future for the state of Guanajuato “we do it not as an authority, but we do it from the heart and with the best will”, he said.

For the most vulnerable sectors, more than 2,900 temporary jobs were created in the municipality with the Renewed Action Program (PAR) in more than 400 works that range from streets, roads, and huts; public spaces and educational infrastructure.

From the first moment and jointly, Mayor Villarreal García and the different economic sectors took care that the reactivation of the economy was orderly, cautious, and responsible, prioritizing the health and life of all San Miguel residents.

San Miguel Times Newsroom

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