Date post: | 29-Nov-2014 |
Category: |
Economy & Finance |
Upload: | santtole |
View: | 151 times |
Download: | 3 times |
an important partner for uk companies in IT and creative industries
April 30th, 2014
Bilateral trade between Mexico and the UK (2003-2013)
2
Exports
Mill
ions
dolla
rs
1,242
733
2,508
1,438
-509-
1,070
Imports Trade balance
Source: ProMéxico with information of Banxico, 2013.
Source: ProMéxico with information of INEGI / Bank of Mexico.
Solid macroeconomic environment
3
Evolution of inflation, exports and international reserves in Mexico (2000- 2013)
Infllation 2013 Reserves 2013 Exports 2013
3.97%
176 billion USD
380 billion USD
ManufacturesOilPrimaryReservesInflation
Record-high
Record-high
Bill
ion U
SD
4
Mexico’s global leadership
Source: ProMéxico with information of FEMIA, GTA, AMIA y OICA. .
IT • 3rd largest exporter in the world.
AUTOMOTIVE AND AUTOPARTS• 8th producer and 4th exporter globally of new light vehicles in the world.
ELECTRIC-ELECTRONIC• Leading flat television screen exporter in the world.
AEROSPACE• Mexico is the 6th supplier to the American aerospace industry.
We have the largest film and video games market in Latin America.
We rank first in creative industries in Latin America, according to UNCTAD.
Source: ProMéxico with information of CEPAL/ PWC, Global Entertainment and Media Outlook/ UNCTAD, Creative Economy Report 2010.
We have the largest talent pool for the IT and creative industry in Latin America.
We are building the Digital Creative City in Guadalajara, Mexico.
Latin America’s creative hub
We are the 5th country with the largest movie attendance.
5
Competitive costs
Internal market
Human capital
Strategic position
Government support
Mexico’s main competitive advantages
6
7
6.02
5.85
5.73
5.18
4.83
4.44
3.8
Mexico
Russia
India
Korea
Indonesia
China
Brazil
Quality of our labor force
According to IMD, Mexico offers a higher quality and availability of labor force and talent in comparison with other emerging markets.
Ran
k
Source: ProMéxico with information of IMD Competitiveness Yearbook, 2012
Source: ProMéxico with information of UNESCO.
Brazil México Germany Spain UK US
PERCENTAGE OF GRADUATES IN THE AREAS OF ENGINEERING AND MANUFACTURING
Mexico’s graduates in engineering and manufacturing
8
9
2nd country with the largest percentage of employment in the industry
Contribution of copyright industries to national employment
Source: ProMéxico with information of UNESCO, Creative Economy Report, 2013.
Phili
ppin
es
Mexic
o
Bhuta
n
Neth
erl
ands
US
A
Aust
ralia
Mala
ysi
a
Russ
ia
Hungary
Slo
venia
Chin
a
Kore
a
Sin
gap
ore
Colo
mbia
Tanza
nia
Latv
ia
Canada
Fin
lan
d
Trin
idad
Bulg
ari
a
Highly Skilled Professionals
Source: MexicoIT/ Carnegie Mellon University, 2010 (http://www.sei.cmu.edu/tspsymposium/past-proceedings/2010/Panel_Kernel.pdf)
• 6 out of 10 PSP certified developers in the world are Mexicans.
889,368
578,105
Mexico´s IT Professionals Workforce 2000 - 2014
11
Youth
Old-age
DemographicBonus
Men Women
Demographics are on our side
Source: ProMéxico with information of US Census Bureau: http://www.census.gov/population/international/data/idb/informationGateway.php ; INEGI, 2011; Population Projections for Mexico 2005-2050, CONAPO. *Population (in millions) by age group.
118 million inhabitants with a median of 27 years. 52 million in the labor force. According to forecasts, there will be more than 83 million
people of productive age by 2020.
12
Mexico’s Retail Sales IndexIndex 2003=100; SA
GDP by PPP (1990-2018)
• $15,000 USD= median income.• According to forecasts, income will grow 20%
by 2016.
Large domestic market
Source: INEGI/ IMF.
Historic Forecast
• Geographic proximity to NAFTA market
• Similar time zone
• Cultural affinity
• Natural supplier for Latin American Markets
+/- 2 hours
Strategic location and time zone
13
Competitiveness
Source: ProMéxico with information of KPMG, Competitive Alternatives, 2014.
Software Development International Results (US=100)
Video Game productionInternational Results (US=100)
Cost Index Cost Index
México
Canadá
UK
Holanda
Australia
Japón
Francia
USA
Italia
Alemania
México
Canadá
UK
Holanda
Australia
Japón
Francia
USA
Italia
Alemania
14
Solid infrastructure
15Source: ProMéxico with information of Ministry of Economy, 2013.
technology parks30clusters that gather more than companies30 1,000
400development centers with quality certifications3,200companies
related with the IT Industry
Government Support in the IT sector
16
PROSOFT, created by the Ministry of Economy,
provides financial aid to invest in
and to develop IT projects in
Mexico.
MexicoFIRST is an
initiative supported
by the Ministry of Economy and the
World Bank, whose main objective is
the generation of human
capital in the IT sector.
ProMéxicoSupport for investment
projects that promote
innovation, technologica
l development and R&D in the country.
INNOVATEC PROINNOV
APrograms that foster
the developmen
t and innovation in IT projects.
Support projects that
propose investment
in infrastructure for R&D.
Initiative executed by the CANIETI
and supported
by the Mexican
Ministry of Economy. Its objective is to promote
Mexico as anideal hub for
the establishme
nt of IT enterprises.
The ProAV Fund
The PROAV Fund grants to foreign and local film and audio-visual productions an incentive of up to 7.5% rebate.
• Apocalypto• Elysium• Cristiada• Chávez
17
Film-Friendly México
18
ProMéxico launched Film Friendly México, an online web resource tool, where you are able to find:• Locations. • Production managers. • Soundstages. • Talent. • Skilled talent. • Detailed production guide in
English.
Leader in relevant events
19
www.promexico.gob.mx
@ProMexicoTW
+52 (55) 54 47 7000Camino a Santa Teresa 1679, Col. Jardines del PedregalCP 01900, México, D.F.
20
Case Study: Information Technology
• Infosys opened two centers in Monterrey, Mexico, over the course of 4 years.
• Offers IT Help Desk, design of web-interfaces and other BPO and IT-related services.
• Mexico was chosen because of its population size, large graduate pool, proximity to US, and Spanish speaking population.
• The company has gained approximately 30 new clients after the launch of Mexico’s operation.
• Operations are currently carried out in three modern centers: two in Gualadajara and one in Querétaro.
• Offers application development and testing, consulting, infrastructure services and BPO.
• Mexico is one of the most important links for the expansion strategy of the company in the region.
• Mexico’s competitive advantages: closeness in distance and time zone to the United States, political and economic stability, and high academic level of graduate professionals. 21
Exports of Medium and high manufactures as percentage of the GDP (2013)*
22Source: ProMéxico with information of IHS – Global Insight. * Only G20 nations.
28.9%24.8%16.7%14.1%12.4%
1
2
3
4
5
Germany
South Korea
China
Mexico
France
A sophisticated economy
Creative industries chain
23
Creativeindustries
app
TV
books
moviesVideo games
24
IT Mexico’s Market Overview
Source: Business Monitor International, Information Technology Report, Q3 2011.
2008 2009 2010 2011 2012 2013 2014Total IT Market (Billion US$) 12.7 10.7 12.5 14.4 16.4 18.2 20.0
Hardware (Billion US$) 6.0 4.9 6.1 6.7 7.5 8.4 9.1Services (Billion US$) 4.3 3.7 4.1 5.0 5.8 6.4 7.1Software (Billion US$) 2.4 2.1 2.3 2.7 3.1 3.4 3.8
IT Market as % GDP 1.17% 1.21% 1.20% 1.20% 1.21% 1.22% 1.22%IT market, nominal value growth, % Y-Y 14% -16% 17% 15% 14% 11% 10%