Honduras: Acceleration of the construction sector forecasted

The trend in lower steel prices in the international market is motivating investors and developers to start new works.

Monday, May 5, 2008

According to the president of the National Industrial Association (ANDI) from the north zone, Jose Martin Chicas.
The trend in stabilization and the projected reduction in prices is going to motivate investors and developers to start new projects and this is very beneficial to the country because, in general, it stimulates labor and generates development.

More on this topic

Honduran Construction Gets $23 Million

March 2009

Of the $212 million total in the Central Bank trust, $23 million have already been handed over between January and February.

Journalist Reynaldo Yanes explained in Laprensahn.com: "Of the $530 million which make up the trust, $212 million belongs to housing sector, urbanization, shopping center and hydroelectric generation projects as reported by the president of Honduran Private Enterprise (COHEP), Alejandro Alvarez.

Honduran Businesses Express Strong Support for Micheletti

July 2009

When expressing their support, private enterprises proposed an additional 10% income tax.

Leaders of the Honduran Council of Private Enterprises, the Chamber of Commerce and Industry of Cortés, the Chamber of Commerce and Industry of Tegucigalpa, the Honduran Federation of Agriculture and Livestock Breeders, among others, expressed their support for Roberto Micheletti's government.

Analysis of Labor Flexibility in Honduras

April 2009

The proposal for half-time work hours, part-time work hours and hourly work would generate about 3 thousand new jobs.

The proposal, submitted to the government by the National Association of Manufacturers, ANDI, would create jobs in manufacturing, security services and call centers, among others, according to what Alejandro Alvarez, vice president of the Honduran Council of Private Enterprise (COHEP) told Laprensahn.com.

Honduran Private Enterprise Warns About Grave Crisis

April 2009

COHEP announced that the country is heading towards "a crisis with serious consequences for economic and social well-being."

"On the Eve of a Real Crisis," is what the study submitted by the Honduran Private Enterprise Council is called and it gives warning that unless "urgent and appropriate" action is taken, the decrease in international reserves will cause "uncontrolled inflation with undesirable and unacceptable impacts on poverty, employment and social stability."

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