The former mayor Clara Brugada presented this Wednesday the real estate coordination office of Mexico City, in an effort to promote investment in the capital and eradicate possible acts of corruption in the construction sector. Brugada emphasized the importance of ensuring certainty, legality, and transparency in processes.
In a meeting with key representatives of the construction industry, the head of government invited investment in the city through this new initiative that will be supervised by Secretary Alejandro Encinas. Brugada expressed her desire for Mexico City to continue growing economically, becoming an attractive place for investment, and underscored the importance of projects that strengthen the community.
According to Brugada, the real estate sector represents 5% of the city's Gross Domestic Product, making this initiative a significant economic boost to address housing challenges. The former mayor reiterated her critical stance towards the real estate cartel linked to previous administrations in the Benito Juárez borough.
The real estate coordination office will be the point of contact to receive and approve applications, as well as to follow up on works in collaboration with various local agencies to ensure compliance with the law and promote sustainable development. Brugada emphasized that no businessman should engage in corrupt practices to carry out construction outside the law.
Secretary Encinas highlighted the importance of generating a unique file through this mechanism, avoiding bureaucracy and streamlining procedures for constructions. The head of government acknowledged the shortage of new housing in the city and the difficulty that a large part of the population faces in allocating a considerable percentage of their income to a home.
