507: Explaining Nearshoring in Medellin, Colombia
On this week's Colombia Calling podcast, Ohio native and now resident of Medellin, Zach Meese, joins us to discuss Nearshoring in his adopted homeland.
Now, I am pretty unfamiliar with Nearshoring, so Meese walks me through it and why the city of Medellin, Colombia is the ideal place for a business of this type.
Nearshoring is defined as a close relocation and refers to the practice of relocating business operations to a nearby country. And so, we ask why this happens and is it sustainable?
Certainly, for businesses in the USA, there's no significant time-zone difference, not too great a culture clash and in Colombia, there's a highly educated workforce...is the practice solely for economic purposes?
Tune in for this and the Colombia Briefing reported by Emily Hart.
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