« Insights > Industrial / Manufacturing

Aerospace Industry taking off in Mexico

Karla Salinas | 04.07.2017

Executives from the Mexican Space Agency (AEM) had a reunion with government officers from the Republic of Italy to reaffirm the cooperation between this Country and Mexico within the aerospace sector.

Exports are expected to reach a value of $8 billion in 2017, besides giving a 23% national added value, peaking at 60,000 jobs and over 330 industrial locations, according to data from the Mexican Federation of the Aerospace Industry (FEMIA). 

Among the challenges for this industry, is the creation of a Mexican supply chain and continuing with the talent formation with a thirst for innovation. 

Alejandro Bravo, from KPMG Mexico, added that Mexico has a National Plan 2020 with the objective of positioning Mexico among the top players of this industry.

Italy interested in Mexico's Aerospace Industry

Executives from the Mexican Space Agency (AEM) had a reunion with government officers from the Republic of Italy to reaffirm the cooperation between this Country and Mexico within the aerospace sector, especially in specific high-end scientific and technology space projects. 

Attendees avouched their willingness to cooperate in topics such as: development of radar systems, satellite technology, telecommunications and academic exchange. 

The next phase of this cooperation will focus on developing financing, innovation and development strategies to get Italian corporations involved in the search for solutions to carry out projects with Mexican partners.

Insights

Top