The industry that plans to generate 200,000 jobs



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he 3.4% of total students in the country related to knowledge industry (one million) corresponds to Mendoza. It is a sector dominated by the city of Buenos Aires and the province of Buenos Aires (with 51.1% of the total number of students) and for which economy, administration and law they constitute more than 50% of the disciplines of a "full employment" sector according to Luis Galeazzi, executive director of Argencon, the association that brings together all the industries of the market. That sector

"It's a full employment sector, and if you take the historical series, we are the fastest growing economic sector here and around the world," said the director.

According to Galeazzi, the knowledge industry should increase its exports, generate up to 200,000 new jobs and hopes that the new Government will set up a specialized secretariat in this area.

Galezzi said that with the introduction of the benefits implemented in the knowledge law that will be effective as of January 1, the sector's participation in exports and job creation will be more important.

Last May The National Congress sanctioned the so-called Knowledge Economy Law (LEC) which provides, among other things, a continuity of tax benefits for software and computer services companies until December 2029 and extends them to other industries such as audiovisual production and post-production, biotechnology , bioeconomy, biology, biochemistry, microbiology and bioinformatics, molecular biology, neurotechnology and genetic engineering. The law was regulated at the end of October and will enter into force on 1 January..

In the same vein, Vivian Monti, partner in charge of technology, media and telecommunications at KPMG Argentina, said that "tax benefits should boost the knowledge-intensive economy of which workers are the ones who present the strongest growth potential, and therefore it can generate the investments and exports that the country needs. "

The specialist's calculations coincide with those of Argencon and predicts that the sector will be able to generate more than 200,000 jobs because "he is considering a reduction in wage and tax costs, fiscal stability, the promotion of new companies for activities characterized by intensive technology use and which require highly skilled human capital to be globally competitive ".

"According to market estimates, the new law could increase exports by $ 15 billion by 2030," Monti added.

Some figures on companies in Argentina

Computer software and services, 5,028 businesses; some 3,108 they are dedicated to computer consultation and program delivery; 191 signatures, data processing and 99, database services; 284 computer consulting services and 576 audiovisual services. In addition, 2,209 advertising and market research and 5,612, to architecture and engineering.

Over the period 1996-2017, the total number of enterprises in the sector experienced a cumulative annual increase of 1.7%.

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