- The government delegate in Cantabria has also announced that he will work with the Ministry of Finance to expand the patrimonial endowment of the Free Zone, which currently stands at 450,000 euros
- On Tuesday he visited the Santander Free Trade Area with the Special Delegate of the State, Ainoa Quiñones, and the President of the Chamber of Commerce and the Plenary of the Consortium, Tomás Dasgoas.
The government delegate in Cantabria, Pedro Casares, has advanced that the Free Zone of Santander has its “complete” facilities and is working on the search for “new spaces” that allow the expansion of this infrastructure dependent on the Ministry of Finance and that is a “strategic instrument for the economic and logistical development of Cantabria”.
Casares pointed this out this Tuesday during his visit to this infrastructure, located in the port, together with the special delegate of the State to the Consortium of the Free Zone, Ainoa Quiñones, and the president of the Chamber of Commerce of Cantabria and president of the Plenary of the Consortium, Tomás Dasgoas.
The representative of the State has said that expanding this Free Zone is a “strategic” issue and, therefore, work is going to be done together with State Ports, the public company SEPES to “look for those spaces that allow to expand this area in the future”, which currently has 30,000 square meters.
In addition to the expansion of spaces, the government delegate has detailed that he will also work with the Ministry of Finance to expand the patrimonial endowment of the Free Zone, which currently stands at 450,000 euros, and thus be able to “undertake new investments that allow for better facilities”.
And, thirdly, Casares has indicated that the Santander Free Zone is finalizing the Strategic Plan 2026-2028 that will be approved soon by the Consortium Plenary and which will include the “most important actions” for the next three years.
Among these actions has been highlighted the investment in warehouses, the renovation of the pavement or advances in energy efficiency and in new technologies.
ONE OF THE SEVEN FREE ZONES OF SPAIN
The government delegate pointed out that Cantabria has one of the seven free zones in Spain (the others are in Vigo, Barcelona, Valencia, Seville, Cadiz, Santa Cruz de Tenerife and Las Palmas de Gran Canaria).
He has detailed that it is a space between the areas of the Maliaño Pier and the North Margin of the Port of Santander and that offers “a privileged fiscal treatment that encourages export activity and attracts investments.”
Among the main advantages are the exemption of tariffs, VAT and special taxes while the goods remain inside the enclosure; the possibility of transforming, assembling or handling products without taxation, until their entry into the national or Community market; the freedom to re-export goods without payment of import duties; and simplified customs processing and reduction of tax and logistical costs.
“This regulatory framework makes the Free Trade Zone an ideal environment for companies oriented to international trade,” said the government delegate, who highlighted the “high demand” on the part of companies.