After witnessing how much we rely on the internet and technology, the Mexican state lawmakers are making a fresh move. They are learning new ways to attract data centers for internet giants in New Mexico.
“This is a very big market, it is very important to our economy to a lot of different things globally and it’s worthwhile to pursue,” said Jim Grice with Brian Cave Leighton Paisner, LLP.
The ground base is that data centers and the digital infrastructural companies have been on the rise because a lot of people are using the internet. There are companies such as Amazon, Facebook, Microsoft, and Uber, and all of them use data centers to store and share information and maintain an online presence.
It was told to the lawmakers that bringing in data centers could help put New Mexico on the map of the IT industry. New Mexico could also be a good selling point as it is away from natural disasters, which makes earthquake-prone areas and other states less attractive. However, to bring new data centers to the state, the biggest hurdle that is seen is the amount of tax incentives New Mexico can offer.
“I think the tax situation is extremely important because of the kind of investment is made,” said Rep. Abbas Akhil (D- Albuquerque).
Facebook is a good example that has already set up a data center in Los Lunas a few years ago.