The Mexican government on Tuesday announced a new industrial policy aimed at promoting sectors including electric vehicles, 5G technology, robotics, and artificial intelligence.
Presenting the initiative, Héctor Guerrero, undersecretary of industry and commerce at the Ministry of Economy, said the government's plans aim to "fire precision shots" to benefit Mexico's industrial sector.
Guerrero said Mexico needs "a change of industrial course," particularly in five key sectors: Agribusiness and Food, Electrical Electronics, Electromobility, Medical Services and Pharmaceuticals, and Creative Industries.
"This policy provides a clear path of action for strategic sectors to increase the competitiveness of the economy. . .
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