3 Golden Automotive Miles: Transforming Dorado into Puerto Rico’s Automotive Hub

2024-03-02 07:54:00

The president of the House of Representatives and candidate for mayor of Dorado, Rafael “Tatito” Hernández, announced that he will invest the proceeds from the inventory tax in incentives for the automobile industry in Dorado, which will give way to the creation of the program that called “3 Golden Automotive Miles”. The program will be your plan to convert the extension of the PR-2 highway into the most competitive area regarding the sale of vehicles, services, parts, equipment and automotive manufacturing in Puerto Rico.

“We will continue to promote state legislation to eliminate the inventory tax, but if there is no political will, we will reinvest the entire tax collected in the automotive industries in Dorado to give our companies an advantage over the rest of the island market,” said Hernández in a press release.

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Although this industry has immense potential, The lack of vision caused a 1.5% decrease in retail sales in 2023 due to the lack of inventory and the increase in interest rates. Likewise, the projection for 2024 is that there will be fewer sales than in 2023.

Hernández presented his proposals for the “3 Automotive Miles in Dorado” with advertising campaigns to communicate the advantages and offers to the automotive consumer, as well as the development of a community channel to broadcast the production of a permanent program in which the businessmen themselves explain , highlight and promote the diversity of their automotive products and services in the area.

“Our automotive industry will be more profitable by designing and offering contributory agreements to mitigate the impact of the municipal patent, and we will also integrate into the basic Industrial and Mechanical Technology program, at a higher level, courses in the areas of greatest need for the market. automotive, such as: bodywork and painting, detailing, welding, combustion systems, engine repair and maintenance, cooling systems, electromechanics, among others,” stated Hernández.

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Likewise, he highlighted that he will encourage internships and internships for students of the basic program in Industrial and Mechanical Technology, at a higher level, in companies in the area. “We will rescue the Pedro López Canino School, in Espinosa, and turn it into DAINNOTEC+ so that students who graduate from the high school can continue their technical studies in the specialized careers in which they decide to pursue themselves. Also, we will establish the municipal workshop in the Espinosa area to provide more spaces for students to carry out their practice,” he added.

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Likewise, Hernández Montañez stated that he will promote the private development of facilities to establish technical and specialized workshops in automotive services, as well as offer support with professionals and advisors to all new companies in their first three years while they stabilize their finances.

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#invest #inventory #tax #collections #incentives #Present

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