MEXICO CITY – New dynamics are at play on the Mexican side of the U.S. border, making investing in the region more attractive ? and more complex.
Reports of the maquiladora industry’s death are greatly exaggerated, to borrow from Mark Twain. To be sure, plenty of U.S. facilities investment shifted to China in recent years, but China will never have the proximity to the North American marketplace that Mexico has. If direct investment trends are any indication, U.S. investors now are expanding with that fact in mind. Investment in Mexico’s maquiladora region will increase to about US$6 billion in 2005 from $4 billion in 2004.
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