Based on financing from the Argentine Development Bank (BICE) within the framework of the Argentine Credit (CreAr) program of the Ministry of Economy, the auto parts firm WEGA will expand the new production plant it has in the Buenos Aires district of La Matanza. The company will make an investment of more than $1,000 million, which will allow it to manufacture 800,000 filters per year, compared to the 400,000 it currently produces. The Secretary of Industry and Productive Development, José Ignacio De Mendiguren, highlighted that "it is very important to accompany this national company with a history in the production of auto parts that invests to double its production, because it believes in the future of the country, like we do." “The economic management led by Minister Sergio Massa has a great commitment to the development of SMEs and the generation of registered employment, which has been increasing for 36 months,” De Mendiguren added in a statement.