Honduran Agricultural Project Halted

San Joaquín valley investors have decided to suspend a business project in Honduras.

Wednesday, September 8, 2010

The investors have stated that the reason for the interruption is the country's legal insecurity, Carlos López Urquía told members of Honduran industry association, Andi.

Elheraldo.hn reports further comments from the Andi representative saying that, "Honduras is on stand by while El Salvador and Guatemala are also being reviewed since these countries depend on judicial security in order to enter the country".

The project included the possibility of investing in dry regions of Honduras to enable crops to be grown.

More on this topic

Honduras: Call for Greater Political Stability

December 2012

Political instability is making both domestic and foreign investors very nervous.

An article in Laprensa.hn looks at how recent political developments related to legal certainty, are worrying Honduran businessmen, as they complicate the promotion of the country as a recipient of foreign investment.

What El Salvador is Losing in Terms of Investment

June 2013

$500 million is the estimated amount that has not been invested due to bad business climate, poor image and lack of institutional credit, which frightens investors away.

These are the indications of the economist and former president of the Central Reserve Bank, Mauritius Choussy: "In four years, the amount lost adds up to $2 billion, which could have generated more than 150,000 jobs.

Criminal Violence and Corruption Curbs Business

June 2013

The phenomenon affects much of Latin America, whose countries spend on average 8% of their GDP on security costs.

That was the conclusion reached during the forum "Connecting businesses as partners for prosperity with security in the Americas", organized by the Organization of American States (OAS) and the private sector, under the framework of the Guatemala Investment Summit.

Flagrant Contradictions in Costa Rican Banking System

May 2016

It is difficult to understand - especially because it has been made public - how a major state bank has described the International Bank of Costa Rica as "high risk" while another main state bank has stated the opposite.


The banks involved are Banco de Costa Rica (BCR) and Banco Nacional (BN).

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