Spanish companies advocate for an ambitious and specific Industry Law.

Industrial companies in Spain have begun to express their opinions on the draft of the Industry Law bill, a regulation expected to revitalize the sector's competitiveness. Carlos Reinoso, spokesperson for the Alliance for the Competitiveness of Spanish Industry, which represents a significant 60% of the country's industrial production, stated that the closure of factories is not a decision made lightly, but rather a reflection of the inability to maintain competitiveness in a global market. This statement underscores the urgency of addressing the challenges faced by the national industry. The new law, the first in over three decades, aims to establish a regulatory framework that promotes reindustrialization and the strategic autonomy of Spain. Reinoso has welcomed this initiative with optimism, noting that it is a crucial moment for the industry, which needs a solid legal backing to adapt to current changes and challenges. However, the spokesperson also indicated that this draft needs to be more ambitious and specific in its objectives and mechanisms. Among the concerns of the Alliance is the fear of a "regulatory tsunami," which could generate uncertainty in a sector already facing multiple challenges. Reinoso emphasized that it is not only important for the law to be approved but also for concrete actions and clear timelines for its development to be implemented. A lack of follow-up could lead to greater frustration if expectations do not materialize into tangible actions. International comparisons are inevitable in this context. Reinoso mentioned that other countries, such as the United States and China, have adopted very active policies to protect and promote their industries. This reality poses an urgent challenge for Spain, which must increase its efforts to avoid falling behind in global competition. The need for a more proactive approach is clear, and the Alliance has urged the Government to commit to maintaining sustainable financial support beyond the Next Generation European funds. From the Alliance, there is an emphasis on the importance of providing Spain's reindustrialization with adequate human and financial resources. The sustainability of these investments is crucial to ensuring that factories not only survive but thrive in a competitive environment. Reinoso has called for the establishment of an ambitious and permanent support line that allows the industry to adapt and evolve. The new law also introduces the concept of Recapi, a reserve aimed at ensuring the supply of essential resources in times of crisis. However, this measure has raised doubts about its effectiveness. Reinoso has questioned the idea of maintaining unprofitable productions and argued that true strategic autonomy should be based on creating an attractive environment for investment, rather than relying on forced interventions. Another point of controversy is the creation of a Strategic Investments Committee under the purview of the Presidency of the Government. While the direct involvement of Moncloa in the regulation is viewed positively, it also raises questions about the political selection of what is considered strategic. Reinoso has defended the importance of allowing the market and competition to guide investment decisions, rather than imposing political criteria. The future of this law will also be determined in Parliament, where the Alliance anticipates that political consensus will be essential for its success. The representation of autonomous communities will be a determining factor in the discussion. Reinoso has highlighted that an appropriate fit between different administrations will be key to ensuring that the law is effective and meets its stated objectives. In summary, the Alliance for the Competitiveness of Spanish Industry is at a decisive moment. The new Industry Law could be a crucial step towards the recovery and modernization of the sector, but its success will depend on its ambition, clarity in its implementation, and the Government's ability to mobilize resources and generate a framework of trust that fosters investment. The industry hopes that this opportunity will not be lost and will become a growth engine for the country.