Distrito Castellana Norte participated in the conference “Urban development as a pole of attraction for investment and talent in the Region of Madrid”, organised by the newspaper Expansión, together with the Region of Madrid and CBRE.
The Environmental Adviser in the Region of Madrid indicated that the CAM is committed to Madrid Nuevo Norte as a strategic measure to reactivate the economy.
Alvaro Aresti highlighted the project’s capacity to generate quality jobs and attract talent.
The president of Distrito Castellana Norte (DCN), Álvaro Aresti, closed the meeting “Urban development as a pole of attraction for investment and talent in the Region of Madrid”, organised by the newspaper Expansión, together with the Region of Madrid and CBRE, to highlight how Madrid Nuevo Norte will contribute to make Madrid an international benchmark in terms of sustainability and urban innovation.
Aresti stressed that this project is an opportunity to move out of the crisis. The commencement of the works will coincide in time with the end of the pandemic, which will enable Madrid Nuevo Norte to be “a clear opportunity to contribute to the economic recovery of the region and the country, and also to the excitement of the people of Madrid, who will finally get to see how their city undertakes an iconic project that will transform the image of their city and project it internationally”.
The president of DCN noted that this project, the largest urban regeneration project in Europe, will have the capacity to create some 250,000 jobs during its 25 years of development, but will also be able to generate some 100,000 more jobs once it is completed, thanks to the strength of its innovative centre of economic activity designed specifically to attract and retain the best young talent in the country and around the world. “I am particularly excited about these jobs, which will be linked to talent and to a new economy of innovation and knowledge, in which Madrid has the chance to position itself as a European benchmark”, he explained.
Aresti also stressed that Madrid Nuevo Norte is not just a project for the future; it will begin to contribute to the recovery of the region from the very start: “In the first five years of project implementation alone, the approximately 5 billion euros of investment will be mobilised, which will generate an impact of 954 million euros in the national GDP. In the same period, MNN will create 18,000 jobs.