Home Entertainment News The Government of Navarra approves the regional law on economic promotion zones

The Government of Navarra approves the regional law on economic promotion zones

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The Government of Navarra approves the regional law on economic promotion zones

He plenary session of the Parliament of Navarre approved this Thursday, with the votes in favor of UPN, PSN, EH Bildu, Geroa Bai, PPN and Contigo-Zurekin and the abstention of Vox, the regional law on economic promotion zones.

The provincial law promoted by the government aims to allow creation of economic promotion zoneswhose aim is to promote initiatives that involve the revitalization of urban centers and/or the improvement and promotion of other environments, such as industrial areas or tourist areas.

This instrument, aimed at “the regeneration and urban governance of areas where economic development is concentrated”, is nothing other than an adaptation of the private sector formula known as BID (Business Improvement District)whose limitations, particularly with regard to the “heavy dependence on public aid and subsidies”, should be overcome.

To this end, this provincial law establishes the Economic promotion zones as private entities, without spirit and without autonomous management, which pursue “the improvement of the attractiveness and competitiveness of a certain area, in order to satisfy the economic agents who operate within this demarcation”. These territories will only be established where the business community and professionals decide, for which they must have the support of those who will benefit from their actions, which is why they must commit to financing them.

The financing system is therefore based on compulsory contributions from the owners of economic activities and those who hold the securities. ownership of real estate (unemployed) which cannot be used for housing, but are suitable for this type of work. The royalties will be considered as a non-tax benefit of the public domain, since the Provincial Community has jurisdiction over the local treasuries of its territory.

The creation of Economic promotion zones cannot be imposed on the public sector, even if “its constitution must be authorized by the municipalities, after having verified that its action plan is adapted to general interests and does not represent an invasion of public powers, which is why, in In addition, it will have representatives in the General Assembly and on the Board of Directors of the said organizations.

Among the control mechanisms provided ensure compliance with the purposes of Economic Promotion Zones There is an agreement between them and the municipality to which they are linked. This is where the obligations of the parties will be established to, fundamentally, “guarantee the coordination of public and private interests”.

As provided by provincial law, the reasons why boost and promote economic activity Urban development cannot be reduced to commercial and financial causes (generation of wealth and employment), but rather concerns the sphere of identity (commerce with its own and differentiated personality), environmental (reduction of mobility and travel) and even social cohesion (avoid the degradation of these areas).

The provincial law of Economic promotion zones will come into force the day after its publication in the BON.

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