Mercado Libre became the first company to join the Municipal RIGI of Tres de Febrero, after investing USD 65 million in its new logistics center located in the Buen Ayre Logistics Park. The decision consolidates the Buenos Aires district as an attractive hub for private investment, in line with the agenda of tax reduction, predictability, and the generation of formal employment.
The regime was promoted during the administration of former mayor and current Buenos Aires senator Diego Valenzuela, and continues under the management of mayor Rodrigo Aybar. The tool grants a 50% discount on the Security and Hygiene Inspection Fee for 15 years and guarantees fiscal stability for 30 years, preventing tax increases or the creation of new taxes for the companies that join.
Diego Valenzuela with Mayor Aybar and the Mercado Libre team
The adhesion of Mercado Libre marks the first concrete case of application of the program and serves as a strong signal for the private sector. At a time when many provinces and municipalities continue to burden the productive sector with fiscal pressure, Tres de Febrero decided to move in the opposite direction. Fewer obstacles, less uncertainty, and more investment: a much more reasonable formula than chasing companies and then wondering why employment is not coming.
The Mercado Libre storage center has an area of 58,000 square meters, capacity to process up to 100,000 products per day and space to store 570,000 items of various categories, including technology, appliances, home products, and auto parts.
The labor impact of a public policy aligned with the nation is already being felt in the municipality. Currently, the company employs 440 people on the premises, half of whom are residents of Tres de Febrero. As Valenzuela explained, the projection is to reach about 650 jobs by the end of the year.
“We continue to promote investments and generate jobs for the residents of the municipality,” emphasized mayor Rodrigo Aybar after the official announcement of the company's adherence to the regime.
Valenzuela, for his part, defended the need for provinces and municipalities to support the national direction with clear rules. “Provinces and municipalities need to get on the train of predictability, clear rules, and the tax stability that a large investment needs. The nation is making the effort to lower taxes and provide incentives for investment, and provinces and municipalities in general are going in the opposite direction,” he stated.
The president of ML, Juan Martín de la Serna alongside Diego Valenzuela in 2025
The Buenos Aires senator also noted that five other companies are preparing to join the regime, which could expand the productive impact of the scheme in the coming months.
From Mercado Libre, Jacobo Cohen Imach, senior vice president of Legal and Public Affairs, valued the municipal policy. “We appreciate that the Municipality of Tres de Febrero promotes the necessary conditions to encourage economic development and formal employment, key aspects to build a future with more opportunities for everyone,” he stated.
