Friday, April 19, 2024

Logo Central America Link

Cocoa to lure foreign investment to Honduras

Thursday, April 24, 2014


 

Honduras's agricultural sector, particularly cocoa production, is set to bring more foreign investment into the country.

Farmers are expecting to produce 1,200 metric tons of cocoa this year, generating $3.6 million in sales.

But the figure could be more, as European firms such as Switzerland's Chocolates Halba and Danish firm Xoco Fine Cocoa Company pay up to 40 percent more per ton, as long as it is certified grade A or Criocollo luxury varieties of the bean.

Full story (in Spanish)