It will be until the medium or long term when the impact on possible technological investments that may or may not come to Mexico is really known; since it is necessary to wait for the publication of the secondary laws of the recently approved reform to the Judicial Branch, said Alejandra Lagunes, president of the National Association of Artificial Intelligence (ANIA).
“I think that the detail is in the secondary laws, right now there is a lot of uncertainty about this reform (to the Judicial Branch) the issue is still not very clear and although investments are already coming to Mexico, they need a Rule of Law,” said Lagunes in an interview with the media.
She assured that Mexico should not lose the opportunity to attract the new investments that technology companies hope to make due to the proximity that the country has with the United States and, above all, because of the thousands of jobs that will be generated.
“Mexico should not lose the opportunity we have from all these investments, from this generation of employment, from the arrival of industries and technology companies and from our companies being able to start working with these large companies,” said the former president of the Science and Technology Commission in the Senate of the Republic.
During her participation in the UnloockedAI event, organized by EXMA Mexico, she stated that attracting investments from technology companies is very important for the development of the country, since companies such as Microsoft, Apple, Nvidia, IBM, Amazon or Google are experiencing significant growth in their income.
“Six years ago Microsoft, Apple and Nvidia were worth more or less the same as Mexico’s GDP, today all together they are worth seven times more than the country’s GDP, this tells us about the growth that these technology companies are having and the importance of attracting this type of investment to the country,” said Alejandra Lagunes.
In this sense, the former senator was confident that, during the next administration, which will be headed by Claudia Sheinbaum, a favorable environment will be generated so that investments from technology companies continue to arrive in the country.
“The next president has been very clear in giving certainty and in giving security so that companies continue to arrive and that investment continues to arrive. I believe that the new government will generate the environment so that these investments continue to arrive,” added the president of ANIA.
Automotive industry asks for certainty for judicial reform
Representatives of the automotive industry of light and heavy vehicles, as well as distributors and financial institutions, asked for certainty and greater dialogue in the Local Congresses after the approval in general and particular of the reform to the Judicial Branch in the Senate, so as not to scare away investment.
Rogelio Arzate, president of the National Association of Bus, Truck and Tractor Producers (Anpact) said that after the approval of the reform that would allow the popular election of judges, magistrates and ministers, certainty must be guaranteed in the discussion of the secondary laws of said reform, to provide certainty to the administration of justice.
“Specifically of all the reforms that are being approved, we believe in general terms that it is necessary to generate conditions of legal certainty throughout the territory in order to guarantee that there are ideal circumstances to attract, continue to materialize and maintain investment in Mexico,” he said.
So far, in the automotive industry, the cancellation of investments, projects or plans has not been confirmed due to the uncertainty related to the discussion of the judicial reform, however, concern has been expressed about the impact that it could generate in the future.
Guillermo Rosales, president of the Mexican Association of Automotive Distributors (AMDA), regretted that the reform was approved after a broader discussion process and stressed that far from solving the problems of the justice system, it will only create an institutional weakening that can be undermined by organized crime and political interests.
“We have no choice but to wait and try to be heard so that the secondary laws that will lead to the implementation of the constitutional reform are finally defined when the state legislatures have spoken out on the matter, and we can have a greater degree of certainty and attenuate or reduce the negative impacts that have been anticipated with the approval of this reform,” he commented.
For his part, Julio Galván, manager of Economic Studies of the National Auto Parts Industry (INA) said that last week they met with representatives of the industry in the United States, who expressed their “concern and concern” about the issue of the reform.
Source: elfinanceiro