A document on the 2024-2030 plan includes six topics that will be addressed to increase investment and nearshoring in the country.
These include the revision of the Mexico-United States-Canada Agreement (T-MEC), the reduction of Asian imports, taking advantage of the relocation of production chains or nearshoring, the development of an investment portfolio, as well as the use of technology as an added value and the reduction of informality. The 2025 investment portfolio seeks to follow up on capital and help it “land”.
As part of the actions is to promote the construction of 10 industrial park corridors, which are: Baja, Border, Bajío, Northwest, Pacific, Cetro, AIFA, SIIT (Oaxaca, Veracruz and Chiapas), Gulf and Maya.
The aim is to gain ground against Asian economies and prioritize nearshoring, especially in “six sectors that will benefit if China continues to lose market share in North America”: manufacture of electronic lighting equipment, communications equipment, semiconductors and other electronic components, manufacture of magnetic and optical media, manufacture of furniture for the home, offices and kitchens, as well as electronic equipment.
In terms of reducing imports, the “priority sectors where we can gain ground against Asian economies” are: automotive and electromobility, new medicine and medical devices, electronics, aerospace, data and chips, energy generation and accumulation in all its forms, and textiles.
For the Secretary of Economy, it is necessary to adopt more successful industrial policies, as seen in other countries such as China, which involve financing key sectors, developing federal government plans with local administrations and developing specialized clusters.
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