One by one, which provinces are accelerating their accession to attract investments

One by one, which provinces are accelerating their accession to attract investments

The last one to do it was Jujuywhich approved last Thursday the accession to the RIGI and thus joined the short list of provinces that have already confirmed the local implementation of the Law. The province’s adhesion will be for two years.

In addition, they promoted law 6,410 to modify the regime shopping of the provincial State. In it, they establish that they may acquire products of extraprovincial origin as long as their price is 10% lower than local ones.

Jujuy joins some municipalities that have already done so, such as Buenos Aires residents Bahia Blanca and San Isidro (although the province has not yet made progress on this front).

Another case is that of Entre Ríos, where Governor Rogelio Frigerio saidthat will receive “each investor one dollar or more” that wants to create jobs in the province. The president added that the potential of his province is in sectors such as pork, cattle, sheep, poultry, forestry and its derivatives, and citrus. In addition, he criticized that the RIGI was oriented towards extractive sectors and anticipated that They were going to present the RINI: New Investment Incentive Regime. This regime, which will also have to be approved by the legislature, is currently under negotiation.

In Cordoba, Martin Llaryora He reviewed the country’s potential for a global scenario of doubts about food security, highlighted that his province alone is the 8th largest producer of corn and questioned how the governorates can do so. accompany the transformation that RIGI can represent, particularly for extractive activities, especially from the reconversion of metallurgical industries. Llaryora then confirmed that Córdoba will adhere to the RIGI although the project has not yet been sent to the legislature.

Finally, the Government of Santa Fe had announced that it would join the RIGI but had not yet submitted its membership proposal.

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Río Negro was the first to join the RIGI, now more provinces are sending projects to their legislatures to access dollars

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What is happening with the RIGI in the Patagonian provinces?

In Black RiverWith the dispute over the LNG plant, the Legislature of that province was the first in the country to adhere to the new regime with the initiative of the JSRN ruling party.

In Neuquen, Governor Rolo Figueroa announced a few weeks ago that they are preparing a project to join, but that will have a provincial tone, in which they consider the role of Neuquén SMEs to encourage their participation in investments and facilitate their growth. In any case, there is still no official presentation of the project by the ruling party in said Legislature.

Chubut The provincial government sent the accession project to the legislature. As planned, the province included in Article 2 that the accession does not contemplate that the benefits of the RIGI be applied to mining activity, prohibited in the province by Law XVII No. 68. Instead, the local government expects investments in tourism, the naval industry, energy and green hydrogen.

In the Legislature of Santa Cruz there is a project to join the regime, and it was the deputy of the ruling party Mario Piero Boffi who carried out the initiative. In this framework, the legislator expressed that “the adhesion to the RIGI represents a crucial opportunity to boost the social, economic and industrial growth of Santa Cruz” and highlighted the improvement of the image of the province in the national and international competition in technology and knowledge.

Source: Ambito

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