The government of Guanajuato plans to implement strategies to counteract the impact of increased tariffs, aiming to maintain the stability of businesses and promote state economic growth. Governor Libia García denied rumors about possible relocations of automotive manufacturers out of the state and assured that they are moving forward with their investment plans.
In this regard, García emphasized that her administration has held regular meetings with entrepreneurs and chambers of commerce to coordinate actions that reduce the effects of the new tariffs. "Companies have reiterated their commitment to Guanajuato and their intention to continue investing in the state," the governor stated.
As part of the measures to mitigate possible impacts, the state government has strengthened value chains and promoted financing schemes for small and medium enterprises (SMEs). 400 million pesos will be allocated through second-tier banks, offering loans of up to 2.5 million pesos at preferential rates, and first-tier banks will provide credits of up to 5 million pesos with payment terms of 60 months.
Additionally, agreements have been established with banks such as Santander and BBVA to facilitate access to training scholarships, digitization, and point-of-sale systems for entrepreneurs and small businesses. The governor also mentioned the possibility of seeking financing for strategic projects such as the aqueduct of the Solís dam, which requires an investment of 15 billion pesos with state and federal participation.
Libia García emphasized that the acquisition of debt will not be directly due to the increase in tariffs, but it is considered a viable option for infrastructure investments. She estimated that Guanajuato could responsibly access financing of between 5 billion and 7 billion pesos. Ultimately, the priority is to ensure the economic stability of the state and provide certainty to businesses, ensuring that manufacturers maintain their confidence in Guanajuato and ruling out any relocation plans.
