It took more than forty years for the federal government, in this case the Ministry of Economywill present a initiative in conjunction with the business association and the academy to create an explicit innovative industrial policy with defined objectives, strategies and lines of action, for a sector on which more than 14 million people in Mexico depend.
The proposal has been very well received due to the current context, because the ruptures in the value chains continue and the shocks in the offer to global level and trade tensions between the United States and China, major economic powers.
A great opportunity is opening up for Mexico, and what better than to follow a roadmap through the four axes -innovation and technological-scientific trends; formation of human capital; promotion of regional content and sustainable and sustainable industries- that seek to correct market failures and influence the productive structure with a better allocation of resources to strengthen a wealth-generating sector that promotes social welfare.
Without a doubt, the new trade agreement USMCA It can promote the strengthening of regional trade, wages, electronic commerce, patents, the environment, and the development of technology and industry. However, much will depend on the true full deployment of an industrial policy that recognizes the great challenges of the treaty that conditions and establishes certain margins of action for economic policy that, if not attentive, could have repercussions on Mexican industry, which represents 35% of the National GDP.
The same could happen in Sinaloa if they are not prepared. According to the economic structure of the State, this sector represents 22.3% of the local GDP and for years has lacked an explicit industrial policy that allows the state to be transformed. For decades, the bet was on the agricultural, livestock and fishing sectors that only generate 10.7%, well below the 67% of a tertiary sector -commerce, services and tourism-.
For this reason, a large part of the solution lies in making laws and public policies focused on innovative industry and explicit technology, which allow us to print the mark of transformation. In addition, by having a qualified majority in the H. State Congress, we have the opportunity and the obligation to generate public policies of a regulatory nature that allow us to influence the development of the industrial sector.
The entity has to evolve, reinvent itself, incorporate technological progress and increase productivity, without neglecting binding properties such as: investment promotion, tax incentives and the adoption of industry 4.0 technologies.
We recommend you read:
In addition to the above, the state and municipalities must invest in local infrastructure to attract investment and accelerate the development of the entire industrial production structure, given that Mexico and Sinaloa are a natural candidate for the relocation of companies and value chains.
#TMec #era #industry #Sinaloa