Mexico looks for a chapter of semiconductors in review of TMEC to attract investments

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The Mexican and the nascent semiconductor industry in the country propose to include a specific chapter of these strategic components in the treaty between Mexico, the United States and Canada (TMEC), in order to attract large technological investments.

This was announced on Wednesday by the Ministry of Economy in a statement, in which he explained that after eight months of the beginning of the Government of Claudia Sheinbaum, Mexico has reached 16 of the 30 goals proposed in the semiconductor master plan 2024-2030, designed to position the country as a global reference in the production of these components.

“It was proposed to establish a specific chapter for semiconductors within the TMEC with the vision of attracting investments of large production centers,” reads the note.

The advance was released after a follow -up meeting headed by the Secretary of Economy, Marcelo Ebrard, in which strategies were also discussed to optimize import permits, tax returns and strengthening the supply chain in this sector.

The meeting coincided with a moment of diplomatic importance, since the Ministry of Economy said that the United States embassy has expressed interest in resuming the impulse to this project, after yesterday Ronald Johnson assumed this responsibility in an official act in Washington.

This message occurs in the midst of the impulse to the Sheinbaum Mexico Plan to consolidate national production and strengthen exports in key sectors such as this strategic industry.

As well as in the prelude to the review of the TMEC, which could now include a specific chapter for semiconductors to attract greater investments, while both countries solve their commercial differences since the arrival on January 20 to the US presidency.

On Monday, Ebrard anticipated that the TMEC review could be advanced for the second half of the year and not until 2026, while he has recognized that it is necessary to end as soon as possible with the uncertainty that exists due to the commercial tension between the two countries.

Industrial impulse and strategic alliances

In this meeting, the need to strengthen technical talent and promote strategic investments was stressed.

Companies such as Cisco, Foxconn, Skyworks, Qualcomm and IBM, as well as organizations such as the National Chamber of Electronics, Telecommunications and Information Technologies (Canieti) and the Business Coordinating Council (CCE), reaffirmed their commitment to the initiative.

This was reflected in the delivery of the ‘made in Mexico’ seal to Circify Semiconductors, a company founded by Mexican engineers specialized in the design of chips of up to three nanometers.

With 14 goals still to achieve, the country faces the challenge of consolidating its position in a highly competitive and technologically demanding market, while global supply chains are reconfigured.

“With these advances, Mexico is positioned as a strategic destination for the semiconductor industry, which drives innovation and consolidated alliances to strengthen its role in the global stage,” Economy concluded.

With EFE information

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