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Mexico.- Maquiladora industry scheme is a strength that provides Mexico with competitiveness as recipient of direct foreign investment from all over the world, KPMG, the consultants firm, pointed-out.
But there are still some areas of opportunity to improve fiscal competitiveness and provide even more incentives to foreign investment and therefore jobs generation.
Mario Hernandez, Leading Partner, IMMEX Segment with KPMG in Mexico, said that the value of exports made by this industry in Mexico amounts to over US$178 billion per year; and salaries and wages are also higher (23%) than those paid by non-exporting manufacturing companies.
Maquiladora industry fiscal regime is attractive and provides Mexico with more competitiveness, KPMG says in the “Maquiladora Industry International Fiscal Competitiveness Study”.