The nearshoring conversation has matured: 2025 is the year to move from discourse to institutional architecture. The most powerful tool—if designed correctly—are binational Special Economic Zones (SEZs): mirror polygons on both sides of the border coordinating tax incentives, smart customs, clean energy, and workforce training. This is not theory. In 2024, Mexico closed with $36.9 billion in FDI—77% via reinvestment—with a clear bias toward export manufacturing, the natural f