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Press release
Davos, Switzerland, January 23, 2015
B. 01/15

 

INNOVATION IS ESSENTIAL FOR GROWTH AND PROSPERITY IN MEXICO: PROMÉXICO

 

  • During the World Economic Forum in Davos, Switzerland, Francisco N. González Díaz, CEO of ProMéxico emphasized the efforts being made in the country in terms of education.
  • Mexico has broad experience in high technology sectors.
  • More than a hundred thousand engineering and technology students graduate in our country every year.

 

Press release 01-15

 

“We are undergoing a paradigm shift, in which innovation plays a key role in fostering our growth and prosperity,” said Francisco N. González Díaz, CEO of ProMéxico in the press conference entitled “Recommendations for Latin America: Building Bridges to Innovation” during the World Economic Forum in Davos, Switzerland.

He emphasized the broad experience that Mexico has achieved in high-technology sectors such as automotive, aerospace, electrical-electronics, and information technology (IT) industries thanks to efforts in education and research and development.

“These sectors generate a higher demand for skilled human capital and have been essential in the transformation of the country’s productive structure,” said González Díaz.

“Our human capital has allowed us to be the third biggest exporter among G20 countries of medium and high-technology manufacturing,” the ProMéxico CEO said.

He also mentioned that Mexico had been able to form a pool of human talent essential to the country’s structural change. The figures speak for themselves: more than a hundred thousand engineers graduate every year from science and technology programs in the country, placing Mexico above countries like Germany, Brazil, and the United Kingdom, according to the head of ProMéxico.

Mexico’s human capital is one of the country’s major competitive advantages and, according to the Institute for Management Development (IMD), Mexico ranks fourth among countries with the highest percentage of growth in the workforce.

The ProMéxico CEO also spoke of the education reform, which aims to improve the quality of education in Mexico.

He mentioned that the new education reform includes the creation of an educational information system and the development of an autonomous school management system, and went on to explain the federal government’s efforts to establish the dual education model in our country.

“Mexico is trying to introduce dual elements into its education system, especially in industry fields such as mechatronics and service sectors like IT, catering, and tourism,” Francisco N. González Díaz concluded.

 

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Communication and Image General Coordination
ProMéxico
prensa@promexico.gob.mx
Follow us on Twitter https://twitter.com/ProMexico

 

About ProMéxico — ProMéxico is the Mexican government institution that supports Mexico's trade abroad and the internationalization of Mexican companies, and attracts foreign investment. Mexican business owners have access to a ProMéxico office in their place of origin, both in Mexico and abroad, bringing them closer to their potential buyers. Furthermore, foreign investors can reach every corner of the world through offices strategically located in areas that are key for world trade. For more information go to: www.promexico.gob.mx

 

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