Honduras: Partnership Between Businessmen and Government

The National Investment Council has been created, an entity composed of representatives from the public and private sector and which aims to improve the competitiveness of Honduras.  

Monday, February 24, 2014

A series of policies implemented by the new government to encourage the private sector, including the creation of the National Investment Council (CNI by its initials in Spanish) is made up of representatives from the public and business sector. The CNI will aim to improve competitiveness and the conditions for economic development.

"With this initiative we expect to attract more than $2 billion in foreign investment, an amount in contrast to the $1.064 billion that arrived in 2013, which was explained mostly by reinvestment made by phone companies, according to reports from the Central Bank of Honduras."

Daniel Facussé, president of the Honduran Maquila Association explained that "the goal is to double the investment and generate a million jobs. They are extremely aggressive goals, but ones we can reach, in order to do so, the private sector will destine $10 million over two years to fund the ProHonduras program".

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