Honduras: Private Sector Calls For Energy Imports

The guild is demanding the government to open up the market in order to allow companies to buy energy from abroad and reduce dependence on state power supplies.

Wednesday, August 6, 2014

The private sector is seeking to solve the energy crisis in Honduras by asking for regulation to be made flexible in order to allow direct import of energy for companies.

Emin Jorge Abufele, president of the Chamber of Commerce and Industry of Cortés (CCIC), told Laprensa.hn: "... 'If Enee does not have the capacity to supply, it must allow market liberalization. They should let us buy energy ... the private sector should be able to go directly to Guatemala to buy energy and pay a toll to the Enee to bring the energy in. Everyone would negotiate the price and brings energy to their business.'"

The CCIC President said that "... the Enee does not have enough credibility to get credit abroad, because it is not even been able to pay what it owes to thermal power generators in the country."

More on this topic

Honduras: Essential Opening Up of the Electricity Market

May 2015

The private sector is once again insisting on eliminating the monopoly on the generation and distribution of energy, instead of bailing out the state run power company, making rates more expensive.

Although the process to recapitalize the National Electricity Company (ENEE) is in progress, the recent increase in electricity rates has once again put on the table the discussion on the need to ensure competition in the domestic electricity market.

Honduras: Objections to Price Controls

March 2015

The private sector is opposed to the government's decision to freeze prices of 19 products until April 21.

Private sector representatives in northern Honduras argue that this measure will cause shortages of the 19 products most in demand in the holiday season.

Emin Abufele, president of the Chamber of Commerce and Industries of Cortés, told Laprensa.hn that "...

Honduras: Tax Simplification Urged

January 2015

Less complex administrative systems and a simplified tax system are the requests made by the private sector to the government in order to improve the country's competitiveness.

In order to improve competitiveness and the business climate, the Honduran Council of Private Enterprise has asked the government to simplify the tax code and streamline public procedures.

Honduras: Where to Invest in 2015

January 2015

A meeting of Honduran businesses has been organized for February 12 which aims to present a portfolio of private investment projects.

This meeting entitled 'Investing in Honduras in 2015' aims to bring together various sectoral ministers with the business community in order to pool projects to be developed during the year and publicize the work plans.

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