Helping businesses reduce costs and compete in the global marketplace.
The Baltimore Development Corporation administers Foreign Trade Zone #74 on behalf of Baltimore City and the surrounding counties, helping companies engaged in international trade access federal Foreign Trade Zone benefits.
A Foreign Trade Zone (FTZ) is a federally designated area located within the United States that is considered outside U.S. Customs territory for the purpose of assessing and collecting import duties and taxes. FTZ #74 provides economic incentives for companies importing or exporting international goods and supports warehouse, distribution, and manufacturing operations throughout the region.