Investing in Mexico: Legal and fiscal frameworks & Human Capital

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Context
One of Mexico’s biggest assets in terms of competitiveness over the next decades is its demographic bonus. Today, over 30% of the population is under 26 years old. That makes education one of the foremost challenges. This becomes more and more important as Mexico consistently grows in high added value manufacturing sectors like automotive, electronics and aerospace technologies. The labour market provides already a very competitive amount of engineers and generally well skilled workers, but lacks of highly skilled technicians. Germany has a proven system that helps to create high value employees: the dual vocational training. The German Mexican Chamber of Commerce and Industry, CAMEXA, support by PROMEXICO in the framework of the European Mexican Cooperation program PROCEI, together with the employers associations of Germany and Mexico, BDI through its regional branch LVI and COPARMEX on the Mexican side, are implementing a Mexican system of dual vocational training. This will allow increasing the level of Mexican competitiveness to a next step, mainly in the automotive sector.

The presentation
The presentation will inform about existing initiatives of dual vocational training in Mexico, its benefits and major challenges. Than the presenter will outline the planned strategy to implement a Mexican dual vocational training system.

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