Timing is everything for manufacturers looking to establish offshore operations according to Industry Week magazine, which has developed a list of global manufacturing hot spots.
The article claims identifying new manufacturing regions is important as being somewhere first enables a company to attract good staff and government incentives before the competition.
Talent is the key determinant in the identification of a country's manufacturing potential. For example, Kenya is a prized destination as it offers a well-educated, sophisticated workforce.
Other manufacturing hot spots listed include Vietnam, Russia, Egypt, Czech Republic and South Africa.
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