The Minister of Production of Mendoza, Rodolfo Vargas Arizuconfirmed this Wednesday that the Government intends to inject a total of $40 billion in loans for local entrepreneurs. And one of the axes of this policy, as he highlighted, is support for producers who want to place anti-hail meshes.
With this, the minister confirmed something that was already an open secret: that Ways are being explored to expand the range of protection tools against this type of precipitation.which almost every year generate Millionaires loses in the provincial economy.
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Vargas Arizu during the agroindustrial forum that began this Wednesday. Nearby, the mayor of Guaymallén, Marcos Calvente (UCR).
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fresh money
“This being a meeting where the focus is on the agroindustryI want to tell you that we are strongly focused on enhance the diversity of agroindustrial activities that represent Mendoza. For this we are going to strengthen the information systems, preparation of reports and linkage and direct assistance programs. We want the productive sector to be the protagonist in defining what are the specific topics that you want to promote,” the speaker stressed.
And then he revealed that “the Ministry of Production has closed an agreement with the Bank of the Argentine Nation to launch a line of credit of up to $20 billion destined placement of anti-hail mesh, water and/or energy efficiency and purchase of fixed assets“.
Horizontal anti-hail meshes2
The anti-hail mesh protects crops. The problem is that it represents a important investmentespecially for the small and medium producers.
In this situation, the province – through the Fund for Transformation and Growth – will assume the payment of a bonus of 5 percentage points of the interest rate of the loansto achieve a Annual nominal rate of 14% for the first 3 years. “Something extremely advantageous and competitive, considering the current context,” analyzed the minister.
In addition, Vargas Arizu referred to efforts that are being carried out with Banco Ciudad and other entities to strengthen access to credit in the province. “We aspire to inject financing of $40,000 million for the entire productive sector in the coming months.with discounted rates, for which the provincial government will allocate about $6,000 million.”
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The First SME Agroindustrial Forum
He Ministry of Productionin conjunction with the Economic Federation of Mendoza (FEM)the Argentine Confederation of Medium Enterprises (CAME) and the Institute for Industrial, Technological and Services Development (IDITS) they organized the First SME Agroindustrial Forum.
It began this Wednesday at 8:30 in the Ángel Bustelo auditorium, with the objective of “knowing the challenges and trends of the agroindustrial world” and specifying business rounds between local companies and international players such as Arcor, Quilmes, Nestlé, Molinos Río de la Plata, Unilever and Ledesma.
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