BUSINESS
June 22, 2005 | By Claire Hoffman, Times Staff Writer
A private development firm is expected to break ground today in Mexicali, Mexico, on a proposed industrial park that the developers hope will lure technology companies from Asia with tax incentives and government grants. The 15-square-mile site is just south of the U.S.-Mexico border, 120 miles east of San Diego. Silicon Border Development plans to spend $425 million on infrastructure for the site, including utilities, roads and water and sewer lines.