Honduras: $73 million Textile Plant

The new plant, which a Honduran and Salvadoran consortium have started building in Choloma, will have capacity to produce 200,000 tons of synthetic yarn per year.

Thursday, February 2, 2017

In the construction and commissioning of the plant manufacturing synthetic yarn, the company Unitexa has invested $73 million and it is expected that it will start operating within one year.

See also: "Textiles and Supplies Market in Central America"

According a statement from the Presidential office, "...the investment, by Honduran and Salvadoran businesses, amounts to $73 million and will be the first plant of its type or size in Central America."

The director of the Transformation Unit for the Honduras 20/20 Program, Jesus Canahuati, explained that "... 'This is not only a plant, this will give viability to textile companies and sewing plants. This is the formation of the Honduras 20/20 plan in the textile sector, to double employment generation in five years.'"

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