“The countries of Latin America have to go back to growth rates higher than 5% to go ahead in a process of sustainable and inclusive industrialization” said Mauricio de María y Campos, former General Director of United Nations Industrial Development Organisation (UNIDO) during his attendance to the XV General Conference of UNIDO, which was held in Lima.

He remarked that the Pacific Alliance block, made up by Peru, Chile, Mexico and Colombia, has a great potential to go ahead in the industrialization through productive chains

“They are countries with many aspects in common, their population, workforce, the regional market. The construction of strategic alliances for the development of industrial clusters can be a good starting point” claimed

He added that another challenge of the block is to bet on technological innovation for the industrial development with the objective of reducing the dependence of the exportation of raw materials