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Assembly plants to boost growth in Honduras

Monday, January 14, 2019

Honduras reined $1.2 billion of foreign direct investment last year, only very slightly less than the $1.18 billion of 2017, according to Peter Fleming, head of the Honduras 2020 program.

Last year began in Honduras with a political crisis, to be followed by two "caravans" of emigrants.

Both phenomena discouraged investment last year, but Fleming says matters will recover.

Above all, he pointed to plans for $300 million that will shortly be invested in the in-bond assembly plants known as maquiladoras.