The director of the Honduran manufacturing industry association AHM, Guillermo Matamoros, commented that in addition to the return of 13,000 jobs in the textile sector so far this year it is hoped that by the end of the year 20,000 jobs will have been created.
Matamoros acknowledged to Laprensa.hn that, "it is too early to tell how the year will end but if current trends continue the industry will almost recover from the effects of the 2009 crisis when exports fell by $500 million".
The annual export growth of the maquiladora industry in Honduras is estimated at $200 million, with the entry into force of the trade agreement with Canada.
Laprensa.hn reports that "About 200 million dollars in export growth and the creation of up to 10,000 new jobs is projected for the Honduran maquila industry in 2013 with the entry into force of the FTA with Canada, assured representatives from the sector.
In the first eight months of the year maquila exports reported an increase in volume of 22.3% and 10.9% in value.
Data from the Central Reserve Bank shows that total exports reached $822.4 million up to August 2011.
"The executive director of the Chamber of the Textiles, Clothing and Free Zones (CAMTEX), Patricia Figueroa, said exports this year have already surpassed the levels recorded in 2008, which was considered to be an excellent year for the sector.
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