Nearshoring And Silicon Border Nalls

Question # 00801820 Posted By: Ainsley Updated on: 04/12/2021 06:28 AM Due on: 05/12/2021
Subject General Questions Topic General General Questions Tutorials:
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   According to Silicon Border Development, LLC the Silicon Border aims to provide a comparable, and aspiringly better, alternative to Far Eastern high technology manufacturing hubs.  Located in Mexicali, this large industrial park is being constructed on an abundancy of land with a great water source with inexpensive electricity proving to be a more cost effective and effective location for manufacturing and research.  Close to the Silicon Valley, California is offering many incentives on top of the organic benefits, to any manufacturing company around the world to relocate to the Silicone Border.  10-year corporate tax-free status, duty free trade agreements and partnerships with surrounding education and technology institutions for continued research d development make this an attractive place to be as a manufacturing company.  Western companies can use this new expansive industrial park to nearshore many facets of the manufacturing process.  Companies will still have the advantages of outsourcing and offshoring through the inexpensive electricity, abundant water supply, several industry experts in close proximity and similar time zones but don’t have to indulge the inconveniences of exorbitant shipping costs.

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