Local contents in industry must be increased

In the face of the national economic panorama, the Mexican industry is in favor of supporting a program for supplier development, while increasing national contents, with tax exemptions to those companies that invest, aiming to strengthen the internal market. Manuel Herrera Vega, President of the Confederation of Industrial Chambers (CONCAMIN), pronounced an exhort to work on this project, going from the support of export firms, as well as key sectors such as energy, telecommunications and metal-mechanic, including strategic infrastructure works, such as the airport. Mr. Herrera Vega also asked the federal government to establish undertakings to rise  government purchases to 32% to favor SMEs, hence creating more industrial jobs; In addition of awarding tax exemptions to all and any investment on the formal sector of the economy.