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Doing Business in Maryland
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On
the Eastern seaboard, Maryland is strategically located for
trade. It borders the District of Columbia, the nation's
capital, to the south and is within hours by land of New York,
Philadelphia, and Pittsburgh. Nearly 90% of the State's
population (5,296,486 in 2000) resides within the
Washington-Baltimore Consolidated Metropolitan Statistical Area
(CMSA), the fifth largest retail market in the country.
Maryland's transportation infrastructure includes the Port of
Baltimore, the Baltimore-Washington International Thurgood
Marshall Airport, two primary class I rail carriers (CSX
Transportation & Norfolk Southern) and several arterial
interstate highways. Maryland's highly developed transportation
infrastructure is ranked sixth nationally in both interstate and
freeway miles.
Maryland has four foreign trade zones (federally mandated, duty
free sites). They are located at the Collington Business Center
near Bowie in Prince George's County (#63); near BWI Thurgood
Marshall Airport (#73); and Baltimore Harbor (#74); and seven
sites in Washington County (#255). Maryland also has 29 State
Enterprise Zones, and a Federal Empowerment Zone. All zones
offer businesses economic or tax incentives.
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