Paterna City Council has signed two agreements with the Association of the Industrial Estate Fuente del Jarro (ASIVALCO) with the aim of continuing to improve and promote this industrial area.

The Mayor of Paterna, Juan Antonio Sagredo, and the President of ASIVALCO, Santiago Salvador have signed this week two that reinforce their collaboration and commitment of working together to promote and enhance the industrial leadership of the area.

On the one hand, they have signed a collaboration agreement, worth 110,000 euros that may be used, among other things, to invest in infrastructures and equipments, to implement the Safety and Emergency Plan of the area, or improving the energy efficiency.

On the other hand, they have signed a general protocol of action that includes the commitment and lines of work of both entities to modernize and revitalize the industrial estate, including the transformation of ASIVALCO into an EGM.

The Mayor of Paterna, Juan Antonio Sagredo, has stated that “the improvement of our industrial estates is the best way to promote employment and investment, as it entails a quantitative and qualitative improvement for existing companies and entrepreneurs and a focus of attraction for the future ”.

The president of the Assosiation of Fuente del Jarro, Santiago Salvador, indicated that “with the collaboration of the City Council, we have the will to advance, as soon as possible, towards the transformation of Asivalco into an EGM, so that we can benefit from the advantages that, in terms of public subsidies and development of added value services, the Industrial Areas Law offers for entities that adopt this new legal figure”.

The collaboration agreement signed with ASIVALCO is part of the package of agreements that the Paterna City Council has renewed with the associations and business management entities of its five industrial parks and whose economic amount has doubled this year as a sign of the Council's support for the business and industrial sector.