Minimal Growth in Honduran Maquila Sector

The maquila industry this year will not reach projected growth of 15% in its exports.

Wednesday, October 12, 2011

The Research Director of the Honduran Council of Private Enterprise (COHEP), Guillermo Peña said that it will be difficult to achieve 3% in growth.

"We have had four months of reductions in orders from China. What does that mean? That international consumption is going down," he said.

According to an article in Proceso.hn; "Peña said that the main cause of the decline in maquila is not due to the high price of energy. 'Energy has always been expensive, the real cause is a fall in new orders.'"

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