Industrial park to start operating in Honduras

On September 1 the "Pacific Free Zone" (Zip Choluteca) industrial complex will official begin operations, and should eventually provide jobs to some 5000 persons from the southern zone of the country.

Monday, August 25, 2008

Zip Choluteca is located in the sector called "Ciudad Valcanes," an area that is approximately 516 acres, and will have an industrial and commercial area, a bilingual school, and 250 houses for which credit will be made available to workers from the Zone.
The new maquila should benefit the entire population of the southern zone, especially the Department of Choluteca and its capital.

More on this topic

Textile Company Matex Sets Up Shop in Honduras

February 2010

The textile and apparel “maquila” will be located in the “Zip Calpules” field, in San Pedro Sula.

María de los Angeles Posso, from the Labor Ministry, explained the company has already started recruiting personnel.

“Daniel Facussé, president of the Honduran Maquila Association, expects textile exports to increase 5% in the first half of the year, resulting in more job creation”, reported Laprensa.hn.

24 Maquilas Close in Honduras

April 2009

With the closing of enterprises during 2008 and so far in 2009, 20 thousand people were left unemployed.

Most of the businesses operated in free trade zones or industrial parks. Currently, of the one million square meters available in the the 27 parks and free zones, 250 thousand (25%) are unoccupied.

Maquiladora “Products San Jose" Closes in Honduras

March 2009

Due to lack of orders from the US, the company shut down operations, laying-off 500 employees.

The company which is located in the Zip San Jose Industrial Park had laid-off 1,500 workers in 2008 as a product of the US economic crisis.

According to what LaPrensa.hn reported, the picture is not encouraging for the maquila sector in Honduras: "So far in 2009, about 8 thousand maquila workers have been laid off and 1,547 temporarily suspended. Some eight maquilas on the north coast shut down operations and between January 1 and March 6, 11 other industries of this type requested a temporary suspension of their workers. It is estimated that around 300 companies will close in 2009."

First industrial park in southern Honduras inaugurated

September 2008

At an investment of $5 million the first stage of the Honduras Pacific Free Zone, which will host the textile factories, was inaugurated.

The total projected investment is $100 million in 10 years; the first stage should generate some 300 direct jobs and should increase to 5,000 in the next few years, as well as the development of a housing project for workers.

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