Maquila Association Commits to Maintaining Investment in Honduras

The Honduran Maquila Association, through its president Daniel Facussé, informed they will continue investing despite the political crisis.

Thursday, July 23, 2009

He added that "...those funds that have not been a result of work, those obtained fraudulently, those are the ones we must bring and put at the homeland's service".

"Worried by a possible trade blockage, Maquila business informed that, since the onset of the crisis they sent a delegation to Washington to explain, both to the State Department and the Congress, what is really happening in Honduras", published Elheraldo.hn.

More on this topic

Nicaragua: Investments in Free Zone Announced

June 2016

A Peruvian spinning mill is to invest $15 million in Las Mercedes Industrial Park, and soon three other companies from the call center and textile sectors will be setting up there too.

Dean Garcia, executive director of the Nicaraguan Association of Textile and Apparel (Anitec), told Elnuevodiario.com.ni that "...

More Canadian Investment in Maquilas in Honduras

September 2014

Textile entrepreneurs anticipate an increase in Canadian investment once the trade agreement with this country takes effect on October 1st, 2014.

Daniel Facussé, president of the Honduran Maquila Association reported that "... representatives of three Canadian companies visited the country and showed interest in investing in maquila and buying sportswear.

Industry Demands Long-Term Strategy

May 2012

Nicaraguan industry provides the greatest added value to its products and is the largest FDI recipient ($226.4 million in manufacturing, $114.3 million in mining, and $217.1 million in energy).

Sugar producers now not only process sugar, but they also generate energy and biofuel. Mining has diversified and dairy companies are making more investments in technology in various products.

Honduran Maquila Foresees More Investment

November 2009

The Maquila Association reported they are negotiating $150 million investments for 2010.

Due to the international crisis and the domestic political crisis, the country will only see investment for $30 million in 2010, explained Daniel Facussé, president of the Maquila Association (AHM).

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