Santa Fe confirmed that it will join the RIGI: “It is an opportunity”

Santa Fe confirmed that it will join the RIGI: “It is an opportunity”

The Minister of Productive Development of Santa Fe, Gustavo Puccini, confirmed this Thursday that the province will adhere to the Large Investment Incentive Scheme (RIGI) approved by Congress as part of the Bases law. In this way, the district will follow in the footsteps of Río Negro, Jujuy, Chubut and Mendoza, among others, which have already complied with the regulations.

Puccini participated in the second day of the Santa Fe Business Forum, which takes place at the Rosario River Station, and offered a series of definitions regarding the social, political and economic situation, as well as the reality of the jurisdiction currently governed by the radical party. Maximilian Pullaro.

Santa Fe will join the RIGI

Asked about the adhesion of the Santa Fe administration to the RIGI, the minister commented: “It is a fact. We cannot be against investments that come. We see it as an opportunity.”

“If mining, gas or oil provinces have projects with investments that far exceed the minimum and are, for example, US$3 billion, we have companies that can provide them with goods and services. That should be the link,” the official completed in dialogue with Cadena 3 Rosario.

In this regard, Puccini explained: “We said this when they were analyzing it, in the treatment of the Bases law, and we proposed modifications. The Senate took them into account. That lowered the level of alarm that our industrialists had.”

And he added: “Especially in the connection that the investments that come have to have with local production; that 20%, and not only at the time of the investment but also of the production.”

On this point, the Santa Fe official explained that they have been working with the chambers and companies on the regulation since then. “We cannot be against investments that come. Santa Fe is seeing it as an opportunity, that is what we are analyzing,” he said.

At the same time, Puccini indicated that perhaps today the province does not have concrete files “that tell us about investments greater than US$200 million.”

“There may be comments or talks, but nothing concrete yet. We do see that in other provinces, especially in the mining and oil and gas industries, there are high expectations and increasingly certainty of large investments. Not even US$200 million: we are talking about US$3 billion and up,” he added.

Goods and services

In this regard, he said that “we see that Santa Fe today has a very strong connection.” “Our companies provide goods and services to that economy. If that grows, there will be greater demand. We will inevitably be linked to those productions,” he told.

He added: “That’s how we see it. We are working together on a SME law, beyond the RIGI, so that investments in small businesses, which are important, have incentives.”

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On the other hand, the minister highlighted the Santa Fe Business Forum, which he described: “This is an activity that includes an international business roundtable, an investment promotion forum and an auditorium for presentations, training and education.”

“In no province in the interior of the country was there a total of three days of buyers, of productive sectors that a province can offer, and the diversity of work in three auditoriums with business roundtables, a forum for training and to learn about international markets explained by the ambassadors and specialists themselves, and an investment forum for one of the sectors that is the economy and knowledge and that Santa Fe has a strength to offer,” the minister also assured.

Source: Ambito

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