A delegation from the Government of Castilla-La Mancha travels to San Francisco to ‘moor’ Meta’s investment in Talavera

The project for the implementation of Meta – the technology that groups Facebook, Instagram or WhatsApp – in Talavera de la Reina continues to progress, with the construction of a Data Center Campus. A Castilian-La Mancha delegation led by the Minister of Economy, Business and Employment, Patricia Franco, has been making an institutional trip to the company’s offices in San Francisco since yesterday, as well as other meetings to attract investment that the Executive also holds in Los Angeles through of the Institute for Foreign Promotion (IPEX), the area organizing the trip.



Approved “in record time” the Declaration of Regional Interest for Meta to settle in Talavera de la Reina

Further

The first appointment on the institutional agenda was the meeting that the Minister of Economy, Business and Employment held at the Meta headquarters in Menlo Park. At the meeting, in which the counselor was accompanied by the Economic and Commercial Counselor of the Spanish Embassy in Los Angeles, Juan Luis Gimeno; the General Director of Companies, Javier Rosell; the director of IPEX, Luis Noé, and the person in charge of Attracting Foreign Investment of IPEX, Carmelo Corral; Patricia Franco has highlighted the great impact that the implementation of the Data Center Campus would have in the city of Talavera and in the region, both in terms of investment and job creation, and especially due to the high technological component of a project of such magnitude.

During the meeting, the counselor reiterated “the willingness of the regional government to decisively support the investment”, continuing the close collaboration with the multinational for the execution of this project. The meeting is one more of the meetings and meetings that the Executive maintains with Meta as part of this joint work for the development of the potential project.

This week the regional president, Emiliano García-Page, appreciated “the commitment” of the Meta company to “consolidate the installation project in Talavera de la Reina.” He commented on it coinciding with the conversations held with the company in the framework of the celebration of the Mobile World Congress in Barcelona, ​​from which said commitment is extracted by “the third most important company in the world” with respect to its installation in the Ciudad de la Cerámica.

“It may seem that it is not important, but it is and a lot”, said the Castilian-Manchego president, who has highlighted that the company “is making restructuring and staff adjustments in other areas”, but that it has ratified the viability of its project in Talavera de la Reina, for which he has been “totally hopeful.”

Other meetings in the United States

The meeting was the first on the institutional agenda that the counselor and the delegation she heads are going to hold throughout this week in the cities of San Francisco and Los Angeles, in an international mission that includes meetings with companies from sectors in which that the region has a strong position as an investment destination, such as data centers, renewable energies and particularly green hydrogen, and the audiovisual industry.

The Minister of Economy, Business and Employment, Patricia Franco, stressed that the objective is to “position the region’s potential” to host these investment projects, “due to differential factors, such as our availability of land; our strategic position and the great hub of the data economy such as Gaia-X, which is growing in our region. In addition, because of the great potential we have in the development of renewable energies for these projects”.

“The ICT sector is growing strongly in Castilla-La Mancha, increasing almost 23 percent in companies in the sector in the region in the last eight years, in which more than 2,300 new jobs have also been created in Castilla-La Mancha. La Mancha, practically 38 percent more in that period”, he pointed out.

“The ICT sector is the fifth with the greatest weight in the GDP of the State of California”, remarked Patricia Franco, who also pointed out that this trip aims to strengthen the region’s position as a premium destination for investment in sectors such as technology, renewable energy or the audiovisual industry.

“In a country that is the first in international investment in the region, having grown in 2020, the last consolidated year, 40 percent compared to US investment in Castilla-La Mancha in 2015”, specified the counselor. A growth that also coincides with a moment of expansion in foreign investment by US companies.

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