Maquiladora

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A maquiladora (Spanish: [makilaˈðoɾa]), or maquila (IPA: [maˈkila]) is a factory that is largely duty-free and tariff-free. These factories take raw materials, assemble, manufacture, or process them, then export the finished product. Such factories and systems operate throughout Latin America, including in Mexico, Paraguay, Nicaragua, and El Salvador. Maquiladoras date back to 1964, when the Mexican government introduced the Programa de Industrialización Fronteriza ('Border Industrialization Program'). Specific programs and laws have allowed Mexico's maquila industry to grow rapidly.

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