· After 30 years, SAGARPA will permit fishing in Campeche Sound, and will provide financing for producers. It is a zone covering approximately 10,000 square kilometers, which will undoubtedly allow a large number of fishermen to fish in this area, he explained.

· The new Unity Bridge will be built in Campeche, together with Section II of the Villahermosa Bypass. These two infrastructure projects will create a significant impact on the productive activity of the two states, he declared.

President Enrique Peña Nieto today announced a package of strategic actions comprising the Economic Recovery and Productive Development Program of the states of Campeche and Tabasco, to encourage economic activity in this important region of the country by supporting the economy of families and companies.

He declared that through these strategies, "Tabasco and Campeche will join the great harmony and synergy that is taking place in the country today, with more development and growth." Moreover, to a large extent, he added, “They will contribute to the fact that, as has happened with the whole country, these two states will be able to diversify and depetrolize their economic activity.”

Among the strategic actions, the president announced the creation of a Special Economic Zone for the benefit of Campeche and Tabasco, in addition to the three announced earlier, with the aim of promoting the industrial modernization and diversification of this area.

Now, he added, “We must undertake the necessary studies to determine the point and the polygon that will have a significant impact on the economic zone that we will announce shortly in these two states, which will impact the entire corridor from Coatzacoalcos to Campeche and Ciudad del Carmen.”

He announced that the Ministries of Finance and Economy, in coordination with the governments of Campeche and Tabasco, “Will promote the creation of strategic audited regions to facilitate industrial development in both states and design an innovative productive development program for the region.”

President Peña Nieto also highlighted the fact that the Ministry of Agriculture, Livestock, Rural Development, Fisheries and Food (SAGARPA), “Will, after 30 years, allow fishing in the Bay of Campeche, and provide financing for producers.”

“This means that fishing will be permitted in an area where it was previously prohibited, covering an area of approximately 10,000 square kilometers, which will undoubtedly allow a large number of fishermen to fish in this area.”

The president also noted that as regards infrastructure, “We will build the new Unity Bridge in Campeche, and Section II of the Villahermosa By-pass. These two infrastructure projects will undoubtedly create a significant impact on the productive activity of these two states.”

He said that, "Mexico as a nation owes much of its development to the great contribution made by the states of Tabasco and Campeche in making the oil industry one of the most important triggers for our national development.”

The president listed the strategies comprising the Economic Recovery and Productive Development Program for these two states, which, “The government, together with civil society, will be undertaking in the short and medium term.”

FIRST: “Immediately address the lack of liquidity faced by companies in both states. This means we will prioritize and expedite payments to local suppliers of Petróleos Mexicanos (PEMEX). Moreover, PEMEX and Nacional Financiera, as part of the Development Bank of the Mexican state, will work with large contractors to participate in a factoring program and thereby service the whole supply chain.

“Likewise, there will be emergency actions for the economic recovery of micro, small and medium enterprises, as well as temporary facilities, involving both fiscal measures for income tax and VAT, and social security contributions to the Mexican Social Security Institute and INFONAVIT.”

SECOND: “Offset the decline in economic activity by boosting public investment and job creation in the very short term. To this end, additional resources will be assigned to paving projects through the Infrastructure and Productivity Support Fund, and investments scheduled for 2017 will be brought forward for the modernization of school premises through the 100% Schools Program. These actions will undoubtedly make an important contribution to job creation.

“Moreover, the Ministries of Social Development, Economy, Communications and Transport, Labor and Social Welfare and Tourism will double their budget for these states in 2016. SAGARPA will intensify its actions to promote regional crops, fisheries and aquaculture.

“For its part, PEMEX will temporarily use unconsolidated procurement schemes for goods and services for which there is a local supplier, which will trigger the economy in the region.”

THIRD STRATEGY: Promote the productive transformation of the region in the medium and long term. “We will promote productive diversification. In agriculture, we will focus on aquaculture and fisheries; in the industrial sector we will leverage the capacity of oil industry suppliers and in the service sector, we will promote tourism.

“With strategic vision, CONACYT will support technological innovation and development projects in the vast oil industry that exists in this region.”

FOURTH: “Establish a monitoring and communication scheme that will provide certainty for the economic actors of these two states. “To this end, Economic Recovery and Productive Development Boards will be set up in each state, with the participation of the business, social and public sectors.

“This mechanism is essential for evaluating the progress of the measures I am announcing here today, to have feedback on the impact these measures are having on the economic activity in these two states, and to maintain permanently close links between the government, state governments and civil society, which we wish to support on the basis of these actions.”

President Peña Nieto declared that, “Mexicans should be proud of how we have evolved from being a country with an eminently petrolized economy to one with great diversification and a large industry that has been developing in various sectors.”

Today, for the first time in over 25 years, we have a surplus in the agribusiness sector; we are a country where formal employment continues to be created; we have one of the lowest inflation rates, allowing us to have great economic stability, ensure a better future and protect the economy of Mexican families. “These are reasons to be proud,” he said.

AMID FALLING OIL PRICES AND A COMPLEX INTERNATIONAL ENVIRONMENT, MEXICO IS GROWING AND GENERATING JOBS, WITH LOW INFLATION AND STABILITY: LUIS VIDEGARAY

Secretary of Finance and Public Credit Luis Videgaray Caso declared that the Mexican economy is using responsibility and determined, innovative measures to cope with the reduction in the international crude oil prices of the past 24 months; a decrease of over 65 percent at both the international level and for Mexican mixed crude oil.

He said that this represents a major challenge for Mexico, which it has met, first, with a Tax Reform that allowed the country to increase its non-oil related revenue; and second, with decisive actions regarding fiscal responsibility, which implies encouraging stability. ”Because it must be said, amid a sharp drop in oil prices, but also a very complex international environment, Mexico is growing. Jobs are being created in Mexico, with low inflation and stability.”

He declared that specific, different measures must be taken, to support economic activity, job creation and the preservation of venture capital in the areas of oil production.

The president has therefore, “Instructed the entire Cabinet to present a package of measures including immediate measures to support the liquidity of companies, particularly those linked to the oil value chain,” which should yield results in six months, coupled with “long-term measures to accelerate the economic diversification of the area.”

Luis Videgaray stressed that this package of emergency and long-term measures, announced today by President Peña Nieto, “Cannot be a vertical effort, only from the government, but must also involve the public: In order for this effort to be a success, it must involve civil society, particularly the business leaders of these two great states. He therefore thanked them for their willingness to dialogue, their constructive spirit and their desire to build a better Mexico.

CAMPECHE AND TABASCO WILL PROGRESS, WITH A STRATEGIC VISION, A DIVERSIFIED ECONOMY AND A LONG-TERM STRATEGY: ILDEFONSO GUAJARDO

Ildefonso Guajardo Villarreal, Secretary of Economy, said it is not the first time Tabasco and Campeche, Mexico’s main oil producers, have faced a situation like the present one. He was therefore confident that, as they have done in the past, they will come pull through. This time they will do so, he said, with a vision, with a diversified economy and a long-term strategy that will narrow the gap in the development of the country’s different regions.

The goal, he said, “Is not to provide welfare but to extend credit and financing options to enable entrepreneurs to set up business. The goal, in short, is to change the history of low productivity of the South-east of the country for a history of productive transformation, allowing Campeche and Tabasco to transition from oil dependence to the manufacture of goods with higher added value in both the original oil and petrochemicals chain, and in many other productive areas.”

He recalled that President Enrique Peña Nieto instructed his ministers to look beyond the short-term and think about the long-term economic development for the region, which is why, “The goal is not limited to creating temporary jobs, but involves promoting the diversification of their economies in order to create well-paid, formal and permanent sources of work.”

He declared that the aim is to boost productive vocations and potential and to leverage the economic benefits derived from alternative activities, such as sustainable agro-industry, tourism, fisheries and renewable energies.

He explained that the advantages of the region, in terms of geography and productive vocations, will enable these states to become productive, logistic bridges that will take advantage of the preferential access Mexico has to over 46 countries with which it has free trade agreements. Additionally, with the Trans-Pacific Partnership, and the modernization of the agreement with Europe, he added, “It is only natural that states like Tabasco and Campeche will be a bridge between the Atlantic and the Pacific.”

PEMEX enthusiastically and DETERMINEDLY JOINS THE INITIATIVE TO SUPPORT CAMPECHE AND TABASCO: GONZÁLEZ ANAYA

Director General of Petróleos Mexicanos (PEMEX) José Antonio González Anaya said that, “The oil industry is going through difficult times, which is also reflected in the difficulties for the economy of the people here in Tabasco and Campeche.” He declared that, “Petroleos Mexicanos is therefore decidedly and enthusiastically joining the initiative to support this zone.”

He noted that PEMEX has new powers and possibilities as a result of Energy Reform: "We will use these powers to the fullest, as the president instructed us, to forge alliances that will provide capital and technology, and to share our investment risk of us, as all the other oil companies in the world do.” This is the way, he added, “To revive activity in the oil areas of Campeche and Tabasco.”

Mentioning that just over 90 percent of the oil produced in the country comes from these two states and their shores, he stressed that the support of their governments, the hospitality, work and effort of the people of Tabasco and Campeche, “Have been key to the development of PEMEX in the past, they are now and will remain so in the future.”

He added that PEMEX’s commitment of PEMEX is expressed, first, in the regularization of payments to suppliers, which will undoubtedly help to revive economies. He said that by April 30, payments of almost 92 billion pesos had been covered, and that another 25 billion pesos have been scheduled.

He explained that for 2016, “Despite the budget constraints we face, we have covered projects and actions for about a billion pesos.” Moreover, for the first time, PEMEX will coordinate closely and formally with the Ministry of Social Development on instructions from President Peña Nieto, so that social projects have an even greater impact and are not isolated projects.

González Anaya stressed that, “Looking ahead, we oil men are optimistic. PEMEX has large oil reserves, with major industrial and logistic assets, and the talent of our engineers and workers.”

SOUTHEAST MEXICO HAS GREAT POTENTIAL TO ACHIEVE its full development: ALEJANDRO MORENO CÁRDENAS

Alejandro Moreno Cardenas, Governor of Campeche, thanked President Enrique Peña Nieto for turning his gaze towards the region because, he said, “Southeast Mexico has great potential to achieve its full development and transformation.”

He explained that in order to overcome the great challenges of both states, they now have the Economic Recovery Program, which, “Is the basis of the growth in our states.”

He explained that the program is designed to support all sectors: the countryside, fisheries, industry, trade and tourism. “It is a support and investment program, for which we are grateful for the government's support,” he said.

He noted that there is a clear strategy and commitment to economic growth and job creation in both states.

WITH THE SWEEPING MEASURES TAKEN BY THE GOVERNMENT, WE ARE IN A POSITION TO BEGIN WORKING FOR DEVELOPMENT: ARTURO NÚÑEZ

Arturo Núñez Jiménez, Governor of Tabasco, noted that with the sweeping measures taken by the government, we are, “In a position to begin working for development and a new stage for our states.”

He said that by making an explicit commitment to the South-Southeast, “Throughout his mandate,  (the president) has been implementing measures to fulfill this. Today he has met one of those commitments, one of the most important ones for our states.”

”In this regard, there are measures to promote various activities and use various state public policy instruments, involving finance, tax, administration, public spending and infrastructure that will be very useful for getting ahead,” he added.

The governor said that, “These are not immediate answers; they require work, dedication and a medium term to materialize. But they provide a firm foundation to begin to do so, which is why we value this contribution.”

"We are aware of the importance of this support that has been given to us. We will assume our responsibility and, of course, we will preserve the pleasant memory and recognition of the person who made it possible, President of Mexico Enrique Peña Nieto,” he said.