Miami Airport designated as a Foreign Trade Zone

Miami-Dade Aviation Department (MDAD) has gained final approval from the US Department of Commerce to designate Miami International Airport’s entire 3,200-acre land parcel as a Foreign Trade Zone (FTZ) magnet site. The magnet site designation allows existing or prospective airport tenants to operate manufacturing, warehousing and/or distribution centres on airport property, and have their federal […]

Miami Airport receives government approval for Foreign Trade Zone

Miami International Airport has received government approval to be designated as a Foreign Trade Zone (FTZ) magnet site, allowing manufacturers to lease available property space and have tariffs deferred, reduced or eliminated. The Miami-Dade Board of County Commissioners approved the application to the US Department of Commerce, expanding Miami-Dade County’s FTZ281 to include the airport, […]