January 23, 2003
Maquiladoras to Chiapas?

From Forbes magazine, the future of industry in Mexico, according to Maquiladora Export Industry Board (CNIME) Chairman Daniel Romero.

Forbes.com: Mexico's maquiladoras hope to stand ground in 2003

After 40 years of maquiladora development along the U.S. border, the low wages that once attracted investment from more developed countries are no longer the bargain they once were. But wages in central and southern Mexico still are."I'd prefer that the industry that's moving from the north go to Chiapas rather than Costa Rica, Nicaragua or Brazil, as is happening now," Romero said.

Posted by Dave at January 23, 2003 04:24 PM