Textile Liquidations Denounced in Honduras

The president of the National Association of Manufacturers indicated that the exodus of textile companies from Honduras to other countries has intensified.

Tuesday, June 25, 2013

"At least 17 ​​textile companies have moved their investments to Nicaragua and at least seven to Campeche, Mexico, said the president of ANDI, Adolfo Facussé", according to an article in Proceso.hn.

Facussé said that Nicaragua has opened its doors to investors and assured them proper working conditions. "The Minister of Economy in Nicaragua said to me 'send them over to me Adolfo, we will gladly receive them here... '" said the president of the industrial sector.

The leader remarked: "... they are not fools in Nicaragua , they are communists but they are not fools, over there they treat private enterprises with kid gloves, they are giving concessions and benefits and issues, and here we are closing them down, really, then this style of government that we have is suicide, that is to say, it is a government that does not understand how private enterprise works".

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