The government's proposal includes land titling, road improvements in production areas, international promotion and funding and technical assistance for producers.
From a statement issued by the Government of the Republic of Honduras:
President Juan Orlando Hernández signed on Tuesday, in the Francisco Morazán room at Government House, two agreements to develop and promote the coffee industry in the country in terms of land titling and improving the roads leading to the farms which produce coffee.
The cancellation of the current lease and Spain's agreement to use funds from debt restructuring, have enabled a new tender for the construction and operation of the Honduran airport.
The construction project includes a new airport runway with a length of 2,440 meters for the operation of commercial vessels which are widebodied and without any restrictions and low restrictions for long-haul destinations.
27 plants solar projects have been approved by the government, of which only four are under construction and the remaining 23 are in the fundraising stage.
It is estimated that the investment required for the development of the approved projects is between $1.644 and $1.827 billion, which why the companies behind the 23 projects have not yet started seeking financing in the international market.
The government has signed a letter of credit to finance part of the construction of the logistics corridor for the section between Goascorán, Valle and the village of San Antonio, Comayagua.
From a statement issued by the Presidency of Honduras:
The government of President Juan Orlando Hernández was a witness of honor on Tuesday to the signing of the Credit Agreement for the Logistics Corridor which will connect the Pacific and the Atlantic oceans, as one of the areas of development for the country and which has as its primary objective to be considered as an important alternative to the Panama Canal.
Honduras is calling for expressions of interest for the "Design, Financing, Construction, Operation and Transfer of the Civic Government Center of the Republic of Honduras."
From the statement issued by Coalianza:
Deadline for expressions of interest: August 29, 2014.
The Commission for the Promotion of Public-Private Partnerships (COALIANZA) in coordination with LAFISE Bank SA, in its capacity as Arranger and Trust Bank, on instruction from the Technical Committee at the request of the Government of the Republic of Honduras, through the Chairman of the Republic, are in the process of structuring and development of a project entitled "Design, Financing, Construction, Operation and Transfer of the Civic Government Center of the Republic of Honduras."
With $300 million in funding from the BCIE payments will be made on domestic debt which is currently concentrated in the welfare institutes which will be able to invest in productive projects.
Welfare institutes of the public pensions administrators are creditors of 64% of domestic debt issued by the State and as the average term to maturity of this debt is 2.7 years, the government will seek to refinance at longer terms and with more favorable interest rates.
The Minister of Finance in Nicaragua has signalled the need for public officials who lead the implementation of internationally funded projects to streamline processes.
Minister Ivan Acosta said in an article on Laprensa.com.ni that "... public officials and Bank staff -with the introduction of technology- can spend up to six months chatting by email about whether there is any objection to the process or not, while people are waiting for the projects. "
Through a mutual fund, the World Bank and other multilateral institutions, will be awarding $50 million to finance small and medium enterprises in the region.
With a mix of capital and a long-term soft loan the III Caseif fund, managed by Lafise Panama, will have $50 million for small and medium businesses who require funds to finance their operations.
The government points to Venezuela's lack of definition in maintaining funding conditions and for this reason has decided not to continue buying oil through the system.
Honduras follows in the steps of Guatemala, whose government gave up, for the same reasons, the option to join the oil alliance. The Honduran union will ensure that the supply is assured.
The National Agricultural Development Bank has funds available for food producers.
Jorge Handal, President of the Association of Farmers and Ranchers in Sula, reported that the National Bank for Agricultural Development (Banadesa) has $255 million available in loans for producers, which will be granted with an interest rate of 9%, lower than the market rate.
The project to provide electricity to 18 thousand families using solar energy will be funded by the Export -Import Bank of Korea at 0% interest.
According to the agreement signed by the Honduran government, "suppliers of the goods and services necessary for the implementation of the project will be selected through public competition between companies in South Korea."
Countries may submit projects to the Inter-American Development Bank and the Japanase International Cooperation Agency in order to apply for funding.
From this week the International Cooperation Agency of Japan (JICA) and the Inter- American Development Bank (IDB ) will be looking at various opportunities to fund renewable energy and energy efficiency in the region.
Failure to comply with the conditions set by Italy is threatening the $32 million needed to finish off the Nacaome dam.
In March an Italian mission will be visiting Honduras to discuss the progress of the commitments agreed in order for a loan to be granted for the Nacaome dam. "The overall amount of funding for developing irrigation components, water and electricity is $160 million, of which $32.6 million will be for the construction of eight gates in the dam to generate 30 MW."
The Multilateral Investment Guarantee Agency has provided a guarantee of $82.4 million for a 24 MW expansion in the Cerro de Hula wind farm.
The institution of the World Bank Group which offers insurance against political risks and credit enhancement mechanisms, has provided a guarantee of investment to support the expansion of 24 MW at the Cerro de Hula wind farm, which has an existing capacity of 102 MW.
Of the $75 million budgeted for the food industry for 2014, $50 million will destined for oil palm cultivation.
The Ministry of Agriculture and Livestock (SAG) has announced that this year it will invest $50 million in oil palm cultivation. This investment is part of a plan to revive the food sector created by the new president, Juan Orlando Hernández.