Government, Government and unions are summoned to December 17 to find a solution for the Free Zone
Government, Government and unions are summoned to December 17 to find a solution for the Free Zone

The meeting of the Nissan reindustrialization table, convened after the Chinese GWM withdrew its interest, ends without fixing a solution.

Exterior of the Nissan factory in the Zona Franca of Barcelona

After more than six hours of meetings, the representatives of the Government, the Government and the unions have called for next December 17 to find a solution for the facilities that Nissan will leave in the Barcelona Free Zone. The withdrawal of the Chinese Great Wall Motors has caused the solution that had the most support to disappear and now other alternatives have to be taken up.

Next Friday, Nissan’s reindustrialization table hopes to have made progress in negotiations with potential investors to close an agreement at the end of the year for the land of Nissan. The options of the electromobility hub and the logistics center now appear as the ones with the most ballots to take over the land.

The group made up of representatives of the Government, the Government of the Generalitat and unions, who are being advised by KPMG, has different alternatives for the Free Zone facilities. The problem is that, unlike GWM’s proposal, which pleased everyone involved, not all the alternatives fit into the schemes of the three negotiators.

The Ministry of Industry, Commerce and Tourism has explained that, after a detailed study of the last proposal in which public aid and the rental conditions of the facilities were improved, GWM confirmed that it would not continue with the project.

Faced with this situation, “the objective of the Government continues to be to close an agreement with investors that guarantee productive capacities and employment and for this it will continue to work with several investment projects who aspire to reindustrialize Nissan facilities” explained ministerial sources.

Madrid recovers investment in protected housing prior to the brick crisis

The EMVS will invest 527 million euros until 2025, an amount that is close to the 607 million of the 2004-2007 legislature.

Promotion Our Lady of the Angels of the EMVS in Puente de Vallecas.

The Municipal Housing and Land Company (EMVS) is celebrating its anniversary. For 40 years he has been dedicated to housing policy in the city of Madrid. And it is going to celebrate it by approaching the investment figures in new protected housing developments prior to the brick crisis.

During the mandate of José Luis Martínez-Almeida, which began in July 2019, and based on the full budgets for the years 2020 to 2023, the EMVS is going to invest 334 million euros. This is the third highest number in its history. after that achieved in the 2004-2007 mandate (607 million) and in the 2008-2011 mandate (409 million).

But it would be the second if we take into account that, in 2022 and 2023, the EMVS will start the works of new promotions that will conclude in 2024 and 2025. Two years in which 112.3 and 81.4 million have been budgeted, respectively, to end those promotions. Therefore, the figure would reach 527.7 million euros.

More than 700 homes delivered

In the four decades of life of the EMVS, the public company has invested 2,340 million euros in building new protected housing developments. Years in which there has been everything. In the two mandates that covered the years 2004 and 2011, 607 million euros were invested in the first four years, and 409 million in the second. Altogether, 1,016 million.

With the arrival of the crisis, budget items fell. In the two years of the legislature of José Luis Martínez-Almeida, a total of 13 promotions have been awarded and delivered. Translated into homes, we are talking about 773 homes.

Protected housing in Madrid.

Protected housing in Madrid.

In these two years, the distribution by areas is as follows: Carabanchel (25 dwellings), Latina (87 dwellings), Villa de Vallecas (72 dwellings) and Puente de Vallecas (589). Nowadays, the EMVS has 26 developments underway in different phases of construction. In total, there are 2,450 homes.

102 dwellings can be classified as very advanced. Once again, the majority falls on Puente de Vallecas (387 dwellings). The rest is divided between Carabanchel (159 dwellings), Villa de Vallecas (71 dwellings) and Arganzuela (85 dwellings).

New plots

This summer, in addition, 1,186 promotions were started. In this group, Vicálvaro is the district where the most protected housing is being developed (486 homes), followed by Puente de Vallecas (370), Villa de Vallecas (210) and Villaverde (120).

With regard to the works that are in the pipeline, all of them are destined for Vicálvaro. It is a total of 562 dwellings. Also, the EMVS has just acquired 13 plots to start in the medium-term future the drafting of projects for new promotions. Together, they will add another 909 homes.

Of these 13 plots, four are already in competition to write projects. These are Los Olivos III Phase, in Latina (18 homes); Los Olivos IV Phase, also in Latina (48 homes); Cañaveral 13, in Vicálvaro (164 dwellings); and Vallecas 71, in Villa de Vallecas (100 homes).

The rest is distributed in Tetuán (198 dwellings), Villaverde (87), Vicálvaro (78), Fuencarral (35), Carabanchel (31), Barajas (115 dwellings) and Moncloa (35 dwellings). In total, the newly built homes delivered, under construction, or in project, add up to 4,132. By years, the most successful were 2006 (156.4 million) and 2004 (150.8 million euros).

The disagreement between employers and the Government forces companies to advance orders before the strike of carriers

The companies are working on contingency plans to advance the reception of merchandise before December 20.

The three-day strike of carriers is closer.

The experts consulted by this means say that if a week after the the carriers’ strike has not reached an agreement it is already difficultstop. Although it is not impossible because employers and the Government will meet again after closing yesterday’s meeting with little progress. The problem is that there is no agreement and there is less than a week left for December 20 and the country’s companies are preparing for a three-day strike.

Specifically, some transport companies, this week they have decided to advance orders and change truckers’ shiftsincluding weekend deliveries, according to industry sources.

Changes motivated at the request of client companies (shippers) that have also increased production in their factories to avoid shortages as much as possible in those three days. In fact, some large factories value stopping their production during strike daysas this medium has learned.

Keep in mind that these are complicated dates: December 20, 21 and 22. in the middle of christmas. “The Christmas campaign is one of the key consumption moments of the year, so the strike by the employers of carriers comes in a critical week,” say sources from the Association of Manufacturers and Distributors (Aecoc).

From the moment it was announced, they assure that the companies began to work on contingency plans to advance the reception of merchandise -except in the case of fresh products- and thus minimize the possible impact of the strike, should it finally take place.

Carriers

Carriers

However, with each passing day the costs and complications intensify and, for this reason, from Aecoc they emphasize the need to maintain dialogue.

“After a very complicated period in which the sector, thanks to the efforts of all professionals in the logistics chain, has managed to guarantee the supply of all kinds of products to thousands of homes, now society is not going to understand that the supply chain is stop voluntarily and prevent some of the star products from reaching homes on such special days”.

Collapse in three days

The same experts who believe that there will be a strike also say that the choice of three days was not random, but it has a reason for being: the collapse in the middle of Christmas. There are 72 hours in which there is a break in the logistics chain that affects all sectors of the economy, although some are more damaged, such as food.

Hence, historically, this type of approach is carried out in transport strikes, sources in the sector explain. For example, during the last truckers’ strike, which took place between June 9 and 15, 2008, Mercamadrid announced that as of June 12 the effects of the shortage would begin to be felt.

But a day before, when those three days were up, the lack of food in small and large stores was already confirmed. The shortage was such that many merchants decided to transport the purchased merchandise in their own vehicles.

That in three days. But what if there were more? This option is open because the unions threaten to call new strikes if the Ministry of Transport and the big companies do not attend to their demands. We are talking about different strikes and a threat that does nothing more than exemplify the division within the sector itself.

The first notice is in Murcia. CCOO, together with UGT and USOhas already summoned a strike in the region between December 23 and January 2 due to the lack of agreement in the negotiations of the new collective agreement. We are talking about a strike that would start after the employers’ strike if the government does not finally manage to stop it. The unions warn that it may even be transferred to other communities.

If consummated, the impact on the Spanish economy would be devastating. The collapse and shortages – not only of food – would be much greater. This would add to the current supply crisis and delivery delays, creating a serious problem. A problem for which the countdown has already begun to run.

The Government will launch aid for 5G in the first quarter of 2022 after the approval of Brussels

The Secretary of State for Telecommunications analyzes the contributions of the European Commission and the public consultation to see if it applies changes.

Image on the possibility of connection offered by the new 5G mobile technology

The government is working on the definitive drafting of the UNICO-5G Redes program, with which it wants to bring the latest generation mobile telephony to those areas of Spain where there is currently insufficient 4G coverage. All this with the aim of being able to launch the first call, endowed with a budget of 150 million euros, in the first quarter of 2022.

The program is now in its final drafting phase after last week the European Commission (EC) gave its approval to the granting of direct aid for the deployment of passive infrastructures for the provision of mobile communications services.

According to sources from the Secretary of State for Telecommunications and Digital Infrastructures to EL ESPAÑOL – Invertia, the intention is that the call launch within the first three months of 2022although they detail that it will not be something immediate after the return of the Christmas holidays.

Precisely it is being valued at the moment if it is necessary change some of the initial approaches that had been set for the program that the Secretary of State led by Roberto Sánchez submitted to public consultation last summer.

In this analysis, both the contributions made in said public consultation and the considerations provided by Brussels are being taken into account, since these aids I know fully financed through the Recovery and Resilience Mechanism.

direct aid

All investments and reforms that involve some form of state aid included in the national recovery plans presented by the countries must be notified to the Commission for prior approvalunless they fall under one of the block exemption rules already identified.

In this case, after analyzing the Spanish proposal for the call for the UNICO Program – 5G Redes, the EC has concluded that the designed regime, which will be in force until December 31, 2025conforms to the rules of the European Union (EU) on state aid.

Specifically, understand that the measure will facilitate the development of an economic activity, is necessary and proportionate and has sufficient safeguards to ensure that the aid limits undue distortions of competition. In addition, it does not alter the conditions of the exchanges against the common interest.

In particular, it highlights that this aid cannot be used to meet the coverage obligations linked to the rights to use the mobile spectrum. Municipalities with more than 10,000 inhabitants are excluded from the regimeas well as the areas in which the deployment of mobile networks is already underway or is planned during the next three years.

UNIQUE 5G-Networks

UNICO 5G – Redes is one of the two initiatives launched within the framework of the Program for the Universalization of Digital Infrastructures for Cohesion (UNICO), in which the different calls aimed at facilitating the universalization of access to ultra-fast broadband and the extension of 5G throughout the territory are included

Specifically, it will finance the deployment of passive infrastructures for mobile communications services that guarantee minimum speeds of 30 Mbps download and 10 Mbps upload in areas of Spain where there is currently no 4G mobile coverage with minimum speeds of 10 Mbps download and 3 Mbps upload

Passive 4G/5G infrastructures are physical infrastructures to support mobile communications networkssuch as towers, masts or poles, conduits, energy supply systems or connection networks to public energy networks or infrastructure protection elements and systems.

The The objective of these grants is to address the digital divide in Spainstimulate interest in living and investing in rural areas, stimulate economic growth, as well as preserve and create new jobs in the most structurally fragile regions.

Speaking to EL ESPAÑOL – Invertia, Blanca Ceña, general director of Vantage Towers in Spain, has assured that the authorization of state aid “was key to ensure the viability of Unico5G”, and thus take advantage of the opportunity provided by the funds to be able to provide mobile digital connectivity to the inhabitants of Spain who did not yet have it.

In this sense, he has assured that this is an “essential step” to be able to effectively combat the depopulation of those areas of Spain and contribute to changing the ’empty Spain’ for the ‘connected Spain’. In this way, they ensure that “they are not left out of the possibilities” that 5G will bring to society and to the development of the productive fabric.

Negotiations between employers and the Government run aground: the three-day carrier strike continues

The CNTC, which recognizes progress, also maintains the trucker demonstrations for tomorrow.

Trucks stopped at a service station.

The fifth and last meeting between the administration and the Committee for the Transport of Goods by Road (CNTC) has ended without an agreement, but with progress. So that the three-day strike continues (December 20, 21 and 22) convened by the employers and for which there is exactly one week left. Trucker demonstrations are also held for tomorrow.

Although during the meeting there has been some progress in the negotiation, “it is still insufficient” for the CNTC, which is pending receipt of a written proposal from the Government what concrete your offer in order to be valued, as reported in a statement.

All this after the fourth meeting, held yesterday, Monday, did not end well at all. The Government made ugly that “the CNTC’s brief addressed aspects that were not within the scope of negotiation.”

That is, the ban on drivers loading and unloading trucks, the non-implementation of the Eurovignette, the mandatory application of the fuel cost review clause and the construction of safe rest areas for professionals.

Sources from the Ministry assure that they continue working to try to avoid unemployment. “From the Ministry we will dedicate the time it takes to find an agreement within the negotiation perimeter initially marked”, they add.

Manifestation

On the other hand, the Spanish Freight Transport Confederation (CETM) and Fenadismertogether with the rest of the business organizations that have called for the lockout, have organized a demonstration of trucks through the streets of Madrid for this Wednesday, December 15, and other cities in Spain.

In addition to the called bosses’ strike, the unions have also warned that they will carry out mobilizations For its part, if the Ministry of Transport, Mobility and Urban Agenda and the employers do not sit down with them to solve the main problems of the sector.

NTT Data will develop the system for the new electronic border registry in Spain for 6.37 million

Interior awards the contract to the company, previously known as Everis, in an accelerated procedure given the urgency of the deadlines.

Agent of the National Police in control of Malaga airport.

NTT Data will be the company in charge of developing the entire computer system for the start-up in Spain of the new electronic record arrivals and departures of travelers from third countries at the external borders of the European Union. A project with which the EU seeks to streamline, facilitate and strengthen border inspection procedures.

The General Subdirectorate of Economic and Patrimonial Management of the Ministry of the Interior has chosen the company previously known as Everis for this project and has done so through an urgent procedure, given the tight deadlines in which the start-up of this registry must be carried out.

Specifically, Everis Spain has been awarded the contract for a complete system, software, hardware and the necessary developments for its exploitation, in order to proceed with the implementation of the new electronic registration system for entries and exits and its connection to the central system of the EES (entry / exit system project).

As detailed in the Official State Gazette (BOE), the award was made through a bidding process with accelerated negotiation, given the “urgent need” to have a computer system imminently to be able to comply with the European calendars, both for tests or trials and for the entry into operation of the system itself.

Thus, the Ministry emphasizes that, given that the European calendar is mandatory, and taking into account the deadlines that could involve a usual process with corrections, justification of abnormally low offers, presentation of administrative documentation and other procedures, “the application of the urgent processing procedure is justified”.

Two companies submitted to this process opened by Interior, resulting in the successful bid submitted by Everis Spain (now NTT Data Spain), whose value amounts to 6,369,790.86 euros. The offer rejected by the Ministry had a somewhat higher value: 6,400,000 euros.

The offer price weighted 35% within the established criteria for the award of the contract. The greatest weight, 40%, has been given to the “model assumptions”, while the technical solution represented the remaining 25% of the assessment.

New electronic registration

Throughout the first half of 2022 it should come into operation throughout Europe this new registry that will replace the stamping of passports and will allow greater automation of border controls, as well as better detection of document and identity fraud, as defended by Brussels.

During the processing of the Regulation for the creation of this registry, the European Commission stressed that would help bridge a major information gap and contribute to achieving full interoperability of EU information systems with full respect for fundamental rights and data protection rules.

Sources familiar with the process have indicated to EL ESPAÑOL – Invertia that the project is already underway in Spain, which has become in one of the first countries to develop the needs and requirementssites that were required from Europe for the start-up of the registry.

Congress gives definitive green light to the new Telecommunications Law with massive support

All the parties, except Vox, vote in favor of the law, which brings forward from 2025 to June 2023 the obligation to have 100 Mbps coverage throughout the country.

Nadia Calviño, First Vice President and Minister of Economic Affairs and Digital Transformation, at the Plenary Session of Congress on June 8.

The deputies congress has definitively approved this Thursday the new General Telecommunications Law. A text that has had a very high parliamentary support, since it has been approved with the votes in favor of all the groups in the Lower House with the exception of Vox.

Among the main novelties of the Law is the advance to June 2023 of the obligation for the entire Spanish territory to have 100 megabit connections per second (Mbps) downstream for the provision of universal service.

Previously, the Government had established in its ‘Digital Spain’ strategy that 2025 would be the year in which 100 Mbps would become the minimum connection speed throughout Spain. But thanks to an amendment approved in the Senate this deadline is brought forward to mid-2023according to Europa Press.

As a result of its passage through the Upper House, the law, which was contemplated as a reform of the Recovery, Transformation and Resilience Plan and transposes the European Code of Electronic Communicationswill also force operators to provide customer service in all the official languages ​​of the state.

Other novelties introduced by the legislative text are universal service reforml, which will include Internet connection and must be provided by all operators, as well as greater rights for users and accessibility requirements.

The universal service is set at a minimum speed of 10 Mbps, expandable to 30 Mbps through regulatory development, which has already begun its consultations, until the arrival of 100 Mbps.

Likewise, booths leave universal service and the door is opened for them to become package collection points, Internet points or emergency telephone numbers.

first reactions

After its final approval, DigitalES, Spanish Association for Digitization, has celebrated the “political consensus” that has characterized the processing and parliamentary approval of the Law. A text that presents a “clear continuity” with its predecessor, which had a positive impact on infrastructure and competition in the Spanish telecommunications market.

In his opinion, the text approved this Thursday will be essential for the consolidation of Spain as a leading country in high and very high capacity connectivity and, ultimately, for the “Promotion of an economic recovery supported by digitization”.

The employers make several requests for its development, such as the launch “as soon as possible” of the Interministerial Commission for the installation and operation of public electronic communications networks or the extension of some of the deadlines established for aspects such as the adaptation of contracts of consumers, among others.

Also, it raises a reinforcement of dissemination actions with local and regional administrationsas well as with the professional associations and other agents that can contribute to the implementation of the new General Telecommunications Law in an “agile and homogeneous” manner.

For its part, from UGT they consider that the norm contains “important progress” in aspects such as the Universal Service or the promotion of essential cutting-edge infrastructures, but “it is lame when it comes to consolidating and promoting new technological employment”.

“The new LGT does not promote the creation of new jobs directly, nor does it require employment reports when regulatory decisions are made, nor does it oblige future spectrum auctions with labor commitments. It is -again- an error that requires rectification and that the UGT will seek to amend through sectoral employment agreements and agreeing to agreements that shield it, ”he highlights.

The increase in the sale of second-hand flats drives reforms to increase their value by 20%

The reform sector is already giving appointments for the month of April despite the fact that prices are rising due to the lack of materials.

Interior of a renovated house.

Home sales continue to rise. In the month of October, it reached 46,242 operations. This is 22.2% more than in October 2020. These are data from the National Institute of Statistics (INE) that show that it is the highest figure since before the 2007 housing bubble.

Most of the operations were in used housing: 36,898 (an increase of 22.4%). Those of new housing grew somewhat less: 21.6% (9,344 operations). It is the used housing, with 80% of the total transmissions, the one that grows with more determination. And the owners who put them on the market, aware of this circumstance, carry out reforms in order to increase their value.

“Make small interventions You can revalue the house up to 20% of its initial value”, they indicate from the habitissimo portal. Small, or large. For example, completely renovating an apartment of about 90 square meters would be around 50,000 euros. There may also be partial reforms, depending on the state of the property.

Such is the boom, that there are reform companies that, at present, are already giving appointments for the month of April. So what the price of renovations is going up due to the shortage of materials, the rise in the price of electricity and fuel, and the lack of labor.

Although the increase in the price of the reforms can reach up to 30% compared to a year ago, those who are determined to take the step continue forward. In addition, and as is the case in other sectors, there are companies that are assuming part of this increase to the detriment of their margins.

Thus, and by the end of the year, the sector expects to reach growth close to 13%. A percentage that in 2022 can grow even more due to the fact that the Recovery, Transformation and Resilience Plan contemplates European funds worth 3,420 million euros for the rehabilitation of homes.

The reforms that raise the price the most

The average expenditure per household on furniture, decoration items and home maintenance was €1,170 in 2020. They are data again from the INE. A cost to add to the cost of housing. What reform is the one that can revalue the house the most? That referred to the distribution of spaces.

“Years ago, houses were built with a structure designed for other uses very different from those of today,” they point out from habitissimo. In other words, these houses are not adapted to current needs. Homes with bedrooms in the bedrooms, very small rooms without sales, or long and narrow corridors that take away light are some of its ‘defects’.

Pull down partitions, redistribute rooms or replace walls with glazing to gain light. Translated into euros, we can talk about 300 for knocking down partitions, and 1,000 if it comes to closing rooms such as the laundry area. Another solution that is in fashion is to place mobile partitions.

But if there are two areas that can boost the price, they are the bathroom and the kitchen. In addition, there are two rooms that clearly define the age of the apartment. Removing a bathroom and putting a shower tray costs about 1,000 euros on average. Make a complete facelift, about 5,000 euros. In the case of the kitchen, the budget can range between 3,000 and 8,000 euros.

“The replacement of the floor is a good time to check leaks, repair dampness and remove the gotelé from the walls,” they point out from habitissimo. The budget would be between 10 and 15 euros per square meter. Changing the doors costs between 60 and 500 euros. And do the same with the windows, between 700 and 4,500 euros.

And, as a picture is worth a thousand words, from HomeServe they recommend betting on the home staging. That is, when it is shown, do it in a depersonalized way. That is, as if it were a blank canvas. In this way, the owner will be able to attract a greater number of potential interested parties in their acquisition.

Other expenses

Beyond the price that a person can negotiate with the former owner, it is advisable to take into account other added expenses. And that’s where a lot of variables come into play. They may vary depending on the characteristics of the property itself, or the autonomous community where the transaction is carried out, for example.

Thus, and according to Bankinter, for a 250,000-euro flat in Madrid, the added cost of acquiring a second-hand home would be as follows: 300 euros if an appraisal is requested (it is not necessary to do so); 800 euros at the notary’s office; 450 euros at the Land Registry; 15,000 euros for the Property Transfer Tax; and 430 euros in management. Therefore, 16,980 euros should be added to the cost of the house.

Stellantis renegotiates its relationship with Santander to finance operations in seven countries, including Spain

The group made up of Fiat, Peugeot and Citroën is also seeking a new agreement with BNP for Germany, Austria and the United Kingdom, among others.

Carlos Tavares, CEO of the Stellantis Group.

The Stellantis Group, which includes brands such as Fiat, Peugeot, Citroën, Jeep or DS, among others, has announced that is in exclusive negotiations with different banking companies to reorganize in a more structured way financial business.

In this way, the fourth world automobile group is in an advanced situation to close an agreement with Santander (Santander Consumer Finance)with BNP (BNP Paribas Personal Finance) and with CACF (Crédit Agricole Consumer Finance).

Stellantis’s intention is to regroup all financial activities, both in customers, as well as in dealers and distributors, by the entire Stellantis group.

With this decision Stellantis seeks to create a only financial organization formalized 50% by the car group itself and CACF, to become a European leader.

In this way, Santander Consumer Finance and Stellantis are renegotiating the terms of the collaboration that they established in 2014 for the financing of Peugeot, Citroën and DS vehiclesand have signed a non-binding agreement setting the conditions for finance vehicles of all brands of the automobile group in seven European countries: Belgium, Spain, France, Holland, Italy, Poland and Portugal.

And on the other hand, BNP Paribas Personal Finance would lead the financing operations of countries such as Germany, Austria and the UK. Also, another part of the operation is that CACF acquires 50% of FCA Bank and Leasys Rentwhich are the companies that previously belonged to FCA, and that are now under the umbrella of the Stellantis Group.

The president of Banco Santander, Ana Botín.

The president of Banco Santander, Ana Botín.
Europe Press

Although the agreement has not yet been formalized from Stellantis they point out that the firm could be ready in the first quarter of 2022, once the information processes are completed. Likewise, operations could start in the first half of 2023once the required authorization has been obtained from the relevant antitrust authorities and market regulators.

“After the acquisition of First Investors Financial Services Group in the United States, Stellantis reaffirms its desire to further strengthen its financial activity, achieving another step in Europe with banking partners”, said Carlos Tavares, CEO of Stellantis.

“This is a strategic move to build on our financial performance in all European countries. This transformation, managed with leading partners, would allow Stellantis to offer a wide range of products to all its customers, distributors and brands” he said.

Government, Government and unions are summoned to December 17 to find a solution for the Free Zone

The meeting of the Nissan reindustrialization table, convened after the Chinese GWM withdrew its interest, ends without fixing a solution.

Exterior of the Nissan factory in the Zona Franca of Barcelona

After more than six hours of meetings, the representatives of the Government, the Government and the unions have called for next December 17 to find a solution for the facilities that Nissan will leave in the Barcelona Free Zone. The withdrawal of the Chinese Great Wall Motors has caused the solution that had the most support to disappear and now other alternatives have to be taken up.

Next Friday, Nissan’s reindustrialization table hopes to have made progress in negotiations with potential investors to close an agreement at the end of the year for the land of Nissan. The options of the electromobility hub and the logistics center now appear as the ones with the most ballots to take over the land.

The group made up of representatives of the Government, the Government of the Generalitat and unions, who are being advised by KPMG, has different alternatives for the Free Zone facilities. The problem is that, unlike GWM’s proposal, which pleased everyone involved, not all the alternatives fit into the schemes of the three negotiators.

The Ministry of Industry, Commerce and Tourism has explained that, after a detailed study of the latest proposal in which public aid and the rental conditions of the facilities were improved, GWM confirmed that it would not continue with the project.

Faced with this situation, “the objective of the Government continues to be to close an agreement with investors that guarantee productive capacities and employment and for this it will continue to work with several investment projects who aspire to reindustrialize Nissan facilities” explained ministerial sources.