Given some recent actions and tax proposals by the government of Honduras that have note been well received by employers due to their potential impact on business competitiveness, the president of the National Association of Industrialists (ANDI), Adolfo Facussé, is advising entrepreneurs to invest in neighboring countries, pointing in particular to Nicaragua.

"I'm conducting some research, I have not finished it yet, but right now it stands out that Nicaragua is the best place for investment for industry and the logical move is that, before the government ends up bankrupting companies, any investment in the private sector is clawed back and all operations moved to the neighboring country," said Facussé to Latribuna.hn.

"The operating costs are much lower, I know that the cost of transportation is high, but it will quickly pay off, leaving them in much more competition conditions and they could sell their products in Honduras under the Free Trade Agreement," he said.

Source: elheraldo.hn

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