As a drug war rages in Juarez, Mexico, investment in the city''s low-wage factories has actually increased.
By Chris Arsenault
JUAREZ - Despite frequent beheadings, public shoot-outs between rival drug gangs and widespread police corruption, Jose Armendariz Bailon thinks Juarez is a great place to invest. As chairman of the Maquiladoras Association (AMAC) in Juarez, Mexico, Bailon is responsible for drawing manufacturing investment to the border city which has been rocked by violence between warring drug cartels battling for trafficking routes to the US. "There is a certain fear from investors," Bailon says during an interview in a board room at the offices of the maquiladora association. "But they [investors] see the other strengths we have, so investment hasn't been reduced."...[continued]
