Maquiladora Program

In 1964, the Mexican government introduced Maquiladoras as a strategy to attract foreign investment and increase industrialization on the Mexican border. Maquiladora's process, produce, transform, or repair goods owned by non-Mexican residents (foreign residents). Currently, foreign companies incorporate maquiladoras to take advantage of less expensive labor and tax incentives.

On November 1, 2006, the Mexican government issued a Federal Decree to Promote Manufacturing, Maquila and Export Service Industry (IMMEX Decree) in an effort to spur the Mexican economy, and to reduce administrative and logistical costs. The IMMEX program includes the Development and Operation of the Maquila Export Industry and the Temporary Import Programs to Produce Export Goods (PITEX).