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Nuevo León's 'Ponte Nuevo' program institutionalized to consolidate public-private alliance
🇲🇽 Mexico /Elections & Politics

Nuevo León's 'Ponte Nuevo' program institutionalized to consolidate public-private alliance

From El Universal · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • The "Ponte Nuevo" program in Nuevo León, Mexico, is being institutionalized as a permanent public policy through a state decree.
  • The initiative, a joint public-private effort, has already raised over 350 million pesos from 106 companies for 310 infrastructure and social development projects.
  • The program aims to foster continuous collaboration between the private sector and government, offering benefits like expedited permits and preferential treatment to participating companies.

Nuevo León's "Ponte Nuevo" program is set to become a permanent fixture of public policy after the state government announced its institutionalization via an executive decree. This move aims to solidify the initiative as an ongoing strategy for urban transformation and development.

Launched initially as a pre-World Cup urban renewal strategy, "Ponte Nuevo" seeks to create a sustainable joint financing model between the public and private sectors. The program has already garnered significant support, with 106 companies contributing over 350 million pesos. These funds have been allocated to 310 diverse projects spanning infrastructure and social development.

We have to institutionalize Ponte Nuevo. I have 1 year and 3 months left in government, that is enough time.

— Samuel García SepúlvedaGovernor of Nuevo León, explaining the need to make the program permanent.

Governor Samuel García Sepúlveda emphasized the importance of institutionalizing the program, stating, "We have to institutionalize Ponte Nuevo. I have 1 year and 3 months left in government, that is enough time." The management and oversight of the program will be coordinated by several key state secretariats, including Economy, General Government, Labor, Treasury, and the Water and Drainage organism.

To maintain corporate engagement and attract further investment, the state government plans to offer tangible benefits to participating companies. These include preferential treatment, expedited state permits, and a "zero closure" policy. Companies will also have a direct channel to report corruption or unjustified delays, ensuring prompt responses. Mariana Rodríguez Cantú highlighted that this institutionalization will guarantee the program's continuity, regardless of future administrations, and could serve as a model for other regions in Mexico.

We have the opportunity to turn Ponte Nuevo into a model for Mexico, a different way of building public policies.

— Mariana Rodríguez CantúHighlighting the program's potential as a replicable model.
DistantNews Editorial

Originally published by El Universal in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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