Maquiladoras: An Important Asset For Mexicos Economy

Abstract

Maquiladoras are foreign-owned companies located for the most part along the California and Texas border in Mexico. Because of particular customs treatments, very low wages compared to wages in the United States, and the geographic proximity to the United States, maquiladoras represent a strong attraction for American investors and corporations. Maquiladoras are also an important asset for the Mexican economy and are accountable for about 45% of Mexicos total exports. Finally, maquiladoras are an important source of job opportunities for the Mexican workforce today and in the future.