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Honduras free-zone plants fear 20,000 job losses as companies move elsewhere

Wednesday, June 22, 2011

Free-zone factories in Honduras fear that they will lose 20,000 jobs by the end of this year.

The leader of the free-zone plants, Daniel Facussé, said that already 2,000 jobs have been lost and the future looks bleak.

“What we are seeing is an increase of jobs in Nicaragua and El Salvador created by the same companies that are leaving Honduras,” Facussé said.

Original source (in Spanish): El Heraldo