INTEGRATED PROGRAMME HONDURAS:
COMPETITIVE INDUSTRIAL DEVELOPMENT FOR SUSTAINABLE INCOME
GENERATION
HONDURAS:
AN INDUSTRIAL INVESTMENT DESTINATION IN
CENTRAL AMERICA
UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION
economy environment employment
Integrated Programme Honduras
This document was compiled by UNIDO on the basis of information available from different sources.
The information was cleared by the concerned authorities of Honduras. UNIDO and Secretaria de
Industria y Comercio, Honduras do not accept responsibility for the accuracy or
completeness of the information.
The designations employed and the presentation of material in this document do not imply the
expression of any opinion whatsoever on the part of the Secretariat of the United Nations Industrial Development Organization concerning the legal status of any country, territory, city or area,
or its authorities, or concerning the delimitation of its frontiers or boundaries.
Mention of company names and commercial products does not imply the endorsement of the
United Nations Industrial Development Organization (UNIDO).
This document has not been edited.
Integrated Programme Honduras
Investment and Technology Promotion
Business Information
and
Investment and Technology Projects List
UNIDO
in collaboration with
SECRETARIA DE INDUSTRIA Y COMERCIO, REPUBLICA DE HONDURAS
Integrated Programme Honduras
CONTENTS
What is Integrated Programme Honduras?................................................... 1
Why Honduras?..................................................................…………….......... 2
Honduras: At a Glance...................………......................................………….. 3
Why to Invest in Honduras?.......................................…………………..............5
Investment Law..................................……...............................…………........5
Guarantees..............................................................................6
Incentives for Investment .........................................................7
Free Trade Zones (FTZs)........................ .......………..................7
Industrial Processing Zones (ZIPs).............................................7
Industrial Property Laws ..........................................................8
Temporary Import Law .............................................................8
Other Laws and Regulations..........................................…..………................9
Human Resources......................................................................................10
International Trade Agreements and Investment Protection.........................11
Summary of Incentives Offered by Honduras...............................................12
Investment and Technology Promotion Institutions in Honduras.................. 13
Public Sector...........................................................................13
Private Sector......................................................................... 14
Major Investors in Honduras.......................................................................15
Investment and Technology Projects List.....................................................16
Agro-Food Industry..................................................................17
Renewable Energy...................................................................23
Wood Processing and Furniture................................................23
UNIDO Investment and Technology Promotion Offices (ITPOs).……….............25
Integrated Programme Honduras
Integrated Programme HONDURAS:
Competitive Industrial Development for Sustainable
Income Generation
What is Integrated Programme Honduras?
Hurricane Mitch
entailed
a severeúaggravation
of long-standing
ÿþýýüûúùø
öüõûô
øùõúüóøò
ñøðøýø úïïýúðúõüîù
îí
development problems in Honduras, with a sequel of social
óîùïñõúùòüùï
òøðøóîøùõ
ýîóøñ
üù
deprivation and economic backwardness. The Integrated
ÿîùòþýúñ
üõô
ú ñøþøóisîí
ñîûüúótoòøýüðúõüîù
úùò
Programme for
Honduras
designed
support efforts
by Govøûîùîüû
úûúýòùøññ
ernment, private
sector and civilôø
societyùõøïýúõøò
to embark upon comýîïýúø
íîý ÿîùòþýúñ
üñ òøñüïùøò
õî ñþîýõ
petitive industrial
development
as a means
to ensure susøííîýõñ
îðøýùøùõthrough
ýüðúõøincome
ñøûõîý
ûüðüó generatainable livelihoods
andúùò
employment
tion.
Good
governance,
empowering
of
ñîûüøõ õî øúý þîù ûîøõüõüðø üùòþñõýüúómicro- and
small-enterprises,
dynamic
growth engine
as well as their
òøðøóîøùõ
úñ ú as
øúùñ
õî øùñþýø
ñþñõúüùúóø
systemic
embeddedness
into
the
institutional
and economic
óüðøóüôîîòñ õôýîþïô üùûîø úùò øóîøùõ
connecting
tissue
of
society
and
environmentally
friendly re-í
ïøùøýúõüîù îîò ïîðøýùúùûø øîøýüùï î
source
management
are keyúñ
to ò
the
Programme.
üûýî
úùò
ñúóóøùõøýýüñøñ
ùúüû
ïýîõô
øùïüùø úñ øóó úñ õôøüý ññõøüû øøòòøò ùøññ
More specifically, the Programme revolves around the followüùõî
õôø üùñõüõþõüîùúó úùò øûîùîüû ûîùùøûõüùï
ing three areas of attention, agreed upon between the
õüññþø
îí ñîûüøõ úùò øùðüýîùøùõúóó íýüøùòó
Ministry of Industry and Trade and UNIDO:
ýøñîþýûø úùúïøøùõ úýø ø õî õôø ýîïýúø
øûüúóü
úõüîù
úýîþùò
ø úïýîúñøò
üùòþñõýüøñ
i)
Industrial
development
and competitiveness
òüííþñüîù policies
îí øñõand
õøûôùîóîïüûúó
strategies, with úùò
specialúùúïøýüúó
emphasis on
entrepreneurship
development
and
export
ýúûõüûøñ úùò
üùðøñõøùõ ýîîõüîù
úóñî
îûûþ
ú óúûø îíorientation;
ýüòø úñ úýõ îí úù úýîúûô õôúõ
ii)
Artesanal
and MSME development
in selected
øôúñü
øñ
ïýúññýîîõñ
òøðøóîøùõ
úùòsubsectors
of
agro-industry
and
regions
with
potential
øøýüøùûøñôúýüùï ôø ýîïýúø üñ ûîùûøüðøò
demonstration effect (e.g. Intibuca, Choluteca)
üõô ú ðüø õî øùôúùûø õôø úüóüõ îí ÿîùòþýúñ õî
aimed at improving food safety standards for comîüóü
ø petitiveness
õôø ñþñõúùõüúó
ýøñîþýûøñ óøòïøò
and shifting towards higher valueòîùîýñ üù
ú
ôüïôó
õýúùñúýøùõ
úùò øííøûõüðø
added activities. Here full advantage
will be taken
úùùøý ÿîùòþýúñ
îííøýñ
ú
üòø
î
í
from UNIDO’s past experience at ýúùïø
cluster developîîýõþùüõüøñ
üùðøñõîýñ
üùõøýøñõøò
üù as
ment íîý
at the local
and sub-sector
level as well
ûîüùüùï þñüùøññ
þúóüõ îí óüíø promotion
ù îýòø
from itsüõôinvestment
system;ý
iii)
Sustainable
environmental
management,
õî üùõýîòþûø
üùðøñõîýñ
íýî úóó îðøý
õôø îýóòparticuõî
larly
in
regions
with
greater
concentration
of
ñøóøûõøò îññüüóüõüøñ õôúõ ÿîùòþýúñ îííøýñ ø productive
San üõPedro
Sula). This conôúðø ýøúýøò
õôüñactivity
îîóøõ (e.g.
ø ôîø
üóó ñøýðø
sists
of
cleaner
production,
municipal
waste manúñ ú ýüòïø íîý õôø üùðøñõøùõ ûîþùüõ õôúõ
agement and management of Large Marine Ecoôúñ ûôîñøù ÿîùòþýúñ úñ üõñ ñõýúõøïüû óîûúõüîù íîý
systems, aimed at reverting increasingly acute
ùõøýùúõüîùúó
ûîøõüõüîùproblems.
environmental
1
Integrated Programme Honduras
Why Honduras?
Strategic Location
Honduras is one of the five stars of the
Central American Common Market
(CACM). Its strategic geographical position makes it a gateway to the markets of both North and South America.
Meanwhile, its splendid climate and
natural beauty offer excellent potential for year-round tourism and the cultivation of a wide range of agricultural
products that are particularly popular
on the European, Asian and North
American markets.
Resources
Honduras is rich in natural resources
and has abundant potential for development. In recent years, the country
has transformed these resources and
potential into a diverse portfolio of opportunities aimed at attracting the kind
of visitors and investors to ensure a
future of sustainable growth.
Principal Growth Sectors
Export oriented agriculture sector
Bananas and coffee are country’s economic mainstays. But in recent years,
non-traditional agricultural products
have enjoyed increasing success on the
export market. Cultivated shrimp is
now the nation’s fourth largest export, supplying markets as far away as
Asia. Other Honduran-produced products that are doing well on foreign markets include African palm oil, mango,
water melon, and winter and oriental
vegetables.
Growth oriented manufacturing
sector
The country’s manufacturing sector,
meanwhile, has grown in the last decade to house more than 300 local and
foreign companies in more than 20
modern industrial parks. Multinational
companies in areas ranging from apparel to electronics are finding in Honduras an excellent site for their offshore manufacturing plants. Today,
Honduras is the 1st largest supplier in
the Caribbean and Central America of
assembled apparel items to the United
States.
Tourism
Tourism is one sector that has been enjoying steady growth. The north and
south coasts and the Bay Islands offer
popular sun and beach vacations; the
Mayan ruins of Copan are an exciting
archaeological site. There are also jungle
treks for eco-tourists and comfortable facilities for business travelers.
A Favorable Investor Climate
Forward-looking investor policies
Several laws
Several laws, such as the Free Trade
Zone Law, the Export Processing Zone
Law and the Law of Tourism Incentives
provide investors with a range of benefits. These include access to every part
of the country, exemption from import
and export duties on goods and equipment used in launching and operating
an investment project, a permanent holiday from city and income taxes, full currency repatriation and minimal paperwork. The Investment Law, meanwhile,
set forth a transparent framework of
laws covering investment, provides equal
treatment of local and foreign investors,
reduces government control and guarantees an unlimited percentage of foreign-owned capital.
Geography
Located just 2 hours by air to the major
gateway cities of the southern United
States, Honduras offers easy access to
world markets. Shipping time to Miami
is just 48 hours. Puerto Cortes is Central America’s largest and best equipped
deep water port, offering 24-hour service. The country is served by seven international airlines through four international airports. The country has the
best transportation system in Central
America and a new channel is being constructed linking Salvador and PTO.
Cortes.
2
Integrated Programme Honduras
Honduras: At a Glance
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3
Integrated Programme Honduras
Government
•
•
•
Democracy: Elections every 4 years
3 Branches: Executive, Legislative,
Judicial
18 provinces each led by a Governor.
Currency and Banking
The official monetary unit is the Lempira. The Central Bank of Honduras regulates the banking system. Honduras is a participating member of the
World Bank, IMF and CABEI. There are more than
20 private banks, including Citicorp., Lloyds Bank
and others.
Telecommunications
Reliable international direct dial system. AT&T ,
Sprint and MCI services to worldwide locations. Cellular and satellite phones, internet services,
teleports and other modern communication services
are available.
Electricity
110/230/460 Volts/60 Hz
$ 0.08-$0. 11 per kw/hr
Education
Certified bilingual
schools in English and
French are found in
major cities. Graduates
are regularly accepted
at world-class universities. Technical schools
provide high quality
training.
Health
Public and private hospitals and clinics are
available.
Climate
The North Coast is hot
and humid. The central
mountain region temperatures range from
50O F to 90O F.
Cultural Activities and Tourism
Transport
•
•
•
4 Caribbean and 1 Pacific seaport.
Puerto Cortes is Central America’s largest
and best equipped port. It provides 24-hour
service, no waiting time, modern roll-on /
roll-off and cold storage facilities. 48 hours
by sea to Miami.
Container service:
10 times per week to Miami; 4 times
per week to New Orleans; 4 times per
week to New York through Miami.
Twice a week to Europe.
•
•
•
There are many theaters, art galleries, museums and archeological sites. Major tourist
attractions include
Copan Ruins, the
cradle of the ancient
Mayan Civilization,
many natural reserves
for ecotourists and the
Bay Islands for scuba
diving, sailing and fishing.
7 international airlines with easy worldwide
connections.
4 cargo airlines.
4 international airports: Tegucigalpa, San
Pedro Sula, La Ceiba and Roatan.
4
Integrated Programme Honduras
Why to invest in Honduras?
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
A flexible, consistent and market-ori
ented macroeconomic policy.
Special incentives for export oriented
companies.
Availability of foreign currency for
foreign trade and investments.
Socio-political stability.
An open legal framework that promotes
foreign investment in every sector of the
economy.
The country has ratified a number of
international agreements for the
protection of investments and intellectual
and industrial property.
Guarantees for the repatriation of
capital and dividends.
The nation has signed a number of
multilateral trade agreements, such as the
GATT, the WTO, ALCA, the Central
American Common Market.
Organized industrial infrastructure.
Ample availability of highly productive
labor at competitive rates.
Stable labor environment.
Best port facilities in Central America.
A geographical position that is strategic
for exports to both North and South
America.
Opportunity for the cultivation of
off-season food crops.
A wide variety of opportunities for
investment and strategic alliances.
Tourism opportunities (eco-tourism, rural
tourism, etc.).
Specialized support institutions for the
formulation, evaluation and promotion of
investment projects.
INVESTMENT LAW
The investment law enacted in 1992 was implemented to encourage national and foreign private investment and to promote production and
transfer of technology, increase exports & create jobs. In order to achieve these goals, a legal and administrative frame was created to
guarantee investment security, the stability of
laws and simple procedures.
5
Integrated Programme Honduras
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Sectoral Opportunities
•
•
•
•
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•
•
•
•
•
•
Agricultural and agro-industrial activities that exceed the
production limits set by the Agrarian
Reform Law and the Law for the Modernization and
Development of the Agricultural Sector.
Forestry, wood processing and furniture
Generation, transmission and distribution of
electric energy.
Financial and insurance services.
Telecommunications.
Air transportation.
Investigation, exploration and use of mines, quarries hydrocarbons and related substances
Private sector educational services.
Private sector health services.
Hunting, fishing and aquaculture.
Τourism
6
Integrated Programme Honduras
Incentives for Investment
Honduras has a variety of laws that
provide incentives for investment.
These include the Free Zone Law ,
the Industrial Processing Zone (ZIP ),
the Temporary Import Regimen (RIT)
and the Tourism Incentives Law.
They are strategically aimed at promoting exports, creating jobs and emphasizing the industrial and tourism
development of the country.
Free Trade Zone (FTZ)
A special law has been established
for export companies operating in
Free Zones and provides the following benefits.
•
•
•
•
•
Companies can be located any
where in Honduras.
No import or export duties for
material, equipment or office
supplies required
by the manufacturing plant.
Companies are exempt from in
come, city and country taxes.
100% repatriation of currency is
permitted.
Paperwork required to clear in
coming or outgoing shipments is
minimal.
This law was initially conceived to
create Puerto Cortes Free Zones;
then the Government extended the
Free Zone benefits to other areas
and the National Congress declared
the whole national territory as Free
Zone Area and extended the benefits
granted by the Free Zone Law.
duction of export goods. In addition, free zone
companies are exempt from municipal income
taxes. The tax holiday has no time limit.
Industrial Processing Zones (ZIPs)
Industrial processing zones are privately owned
and administrated and are subject to the authority of the Ministry of Industry and Trade.
The aim of ZIPs is to encourage the establishment of export-oriented manufacturing companies and services through the intensive use of
labor.
There are two legal options for companies operating in ZIPs: the Operating Company
(Sociedad Operadora) is in charge of the infrastructure and administration of the zone and
the Users (Usuarias) operate within the ZIP to
produce and commercialize goods and services.
1) Benefits for ZIPs User Companies
(Manufacturing and Supporting, Service companies)
•
•
•
2) Benefits for ZIPs Operating Companies
(Industrial Park’s Administration)
•
Imports free of taxes, tariffs, fees, local
consumption and sales taxes and all
other taxes and fees directly or indirectly
related to customs operations and the
import of goods that will be used exclusively for the operation of the ZIP, including construction materials, equipment,
spare parts and office equipment not produced in Honduras.
•
Ten-year holiday from the payment of
municipal taxes and 20 year holiday
from the payment of income taxes (ZIPs
Administration)
Benefits for FTZ User Companies
Companies operating in FTZs enjoy
an exemption from import and export
tariffs, fees, consular rights, local
consumption, import and export taxes
on the import of machinery and equipment that will be used in the pro-
Full exemption from tariffs, consular
rights, fees and local taxes on caution,
production, sales and the import and
export
of
goods
and
services.
Exemption from the payment of national
and municipal taxes on production generated within the ZIP and its industrial
and
common
establishments.
Exemption from the payment of sales
taxes.
7
Integrated Programme Honduras
ZIPs for Investors
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•
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•
ZIP Choloma S.A.
ZIP San Miguel S.A.
ZIP San Miguel S.A. I
ZIP San Miguel S.A. II
ZIP Continental S.A.
ZIP Comayagua S.A.
ZIP Buena Vista S.A.
ZIP Villanueva
ZIP El Porvenir
ZIP Calpules S.A.
ZIP Río Blanco S.A.
ZIP Búfalo S.A.
ZIP Amarateca S.A.
ZIP Sula S.A.
ZIP Corona S.A
Lotificadora Industrial
Dos Caminos S.A.
ZIP Tegucigalpa S.A
ZIP San José
Temporary Import Regime
(RIT)
The Temporary Import Regime was
created to promote the production of
goods destined for export in any part
of the country.
Benefits under RIT
The benefits consist of the suspension
of all taxes and fees related to the
import of:
•
Raw materials, semi-manufactured products, packaging and
other goods to be assembled,
transformed, modified or physically incorporated into products
that will be exported to countries
outside of Central America.
•
Machinery, equipment, tools,
spare parts and accessories to be
used exclusively in the assembly,
transformation, modification,
production of items to be exported
to non-Central American countries. These can be freely sold as
used items five years after their
temporary import. Prior to the end
of this five-year period, they may
be resold after the payment of a
1% fee on their CIF import value.
•
Showcases, instructions, patterns, molds and models necessary to align production with international standards and for research and instruction purposes.
Industrial
Property Laws
The industrial Property
Law approved by the
Honduran Government
in 1993 protects industrial property rights
through the regulation
and registration of patents, models, designs,
industrial
secrets,
brand names and commercial announcements
of names of origin.
However, taxes on profits are
subject to pay.
8
Integrated Programme Honduras
OTHER LAWS AND REGULATIONS
ENVIRONMENTAL LAW
Issued in 1993, this law orients agricultural, cattle, forest
and industrial activities toward practices that are compatible with the conservation and sound and sustainable use of
natural resources and the protection of the environment as
a whole.
MINING LAW
Approved in 1998, the purpose of this law is to regulate the
mining and metallurgic activities in the country and stimulate
foreign investment in this sector by granting concessions and
improving benefits.
PROMOTION AND DEVELOPMENT OF PUBLIC
WORKS AND NATIONAL INFRASTRUCTURE
This law was issued in 1998 to establish a legal framework for
the provision and indirect management of public services, and
the contracting of professional training and infrastructure
projects by nongovernment individuals, companies or organizations. This law stimulates foreign participation in infrastructure development projects and emerging industries, enjoying
a full array of concession rights while Honduras in turn, benefits from increased development, modernization and job opportunities.
CORPORATE LEGAL FRAMEWORK
•
•
100% foreign ownership is acceptable under Honduran law.
Corporations organized under Honduran law can take
any of the following forms; Sociedad Anonima (Corporation); Sociedad Anonima de Capital Variable (Corporation); Sociedad de Responsabilidad Limitada
(Limited Partnership).
LOCAL LABOR REQUIREMENTS
A 90% Honduran labor force (equivalent to 85% of payroll).
9
Integrated Programme Honduras
Human Resources
It is easy to find qualified personnel for most kinds of businesses. In
order to supply the specific needs of the companies in the country it
is also feasible to generate training programs through the National
Professional Training Institute.
There is good coverage on Social Security and there is a Labor Code
that gives guidelines to increase the productivity and
competitiveness of Honduran companies within the framework of
globalization.
The Labor Ministry is in charge of applying labor laws and regulations and manages the administrative matters. When a judicial
matter appears, it falls into the jurisdiction of the labor court.
Some of the most important elements related with the relationship
between employer and employee include:
•
•
Contracts can be individual or collective.
Individual contracts can be for limited or unlimited time, by
project or for specific services.
Working hours:
•
•
•
•
•
•
If more than three hours of the mixed shift fall on the night shift,
the entire shift must be considered as night shift.
Work on holidays are paid double the ordinary salary. There are
eleven paid holidays per year.
Paid vacations are calculated as follows:
Christmas bonus or 13 month pay is an additional monthly salary
that must be paid to the employees on December as a whole month
if they have worked 12 months or as a proportional allowance of
the time worked.
Fourteen month pay is an additional month salary or portion,
payable in June each year.
Special benefits include maternity, for which the employer must provide 42 paid days prior and after childbirth and one hour daily for six
months.
10
Integrated Programme Honduras
INTERNATIONAL TRADE AGREEMENTS AND
INVESTMENT PROTECTION TREATIES
Central American Economic
Integration Treaty
The principal objective of this
treaty is to achieve economic and
social development of countries
in Central America through the
transformation and modernization of the region’s productive, social and technological structures.
Under the agreement, Honduras,
Guatemala, EI Salvador, Nicaragua and Costa Rica agree to perfect the Free Trade Zone, procure
the free mobilization of products
and gradually achieve monetary
and financial integration.
Adhesion to the World
Trade Organization
The adhesion of Honduras to the
WTO markets and its incorporation into a multilateral trade system and its adhesion to the principles of nondiscrimination provides transparency and reciprocity in international economic and
trade relations.
Bilateral Trade Agreements
Honduras has signed bilateral
trade agreements with Argentina, Mexico,Bulgaria, Colombia, Chile, Hungary, Romania,
Russia, the BENELUX Economic
Union, Spain and the Netherlands.
Central America and the Caribbean to allow certain products to
enter the U.S. market free of import taxes.
Inter-American Agreement on International
Trade Arbitration
Signed by the Governments of the
members of the Organization of
American States (OAS), this agreement allows national and foreign
parties to name national or foreign
arbitrators to make decisions regarding differences that may
emerge involving business.
Bilateral Agreements for the
Promotion and Protection of
Investment
In order to guarantee jurisdic security to investors, agreements have
been signed with France, Great
Britain, Northern Ireland, Switzerland, Spain, Germany, the
United States, the Republic of
China and Chile.
International Agreement for
the Protection of Industrial
Property
Honduras has ratified the International Agreement for the Protection
of Industrial Property, signed in
Washington in February 1994.
Caribbean Basin Initiative
This is a multilateral concession
granted by the Government of the
United States to the countries of
11
Integrated Programme Honduras
SUMMARY OF INCENTIVES OFFERED BY HONDURAS
* HARMONIZED TARIFF SCHEDULE OF THE UNITED STATES (formerly TSUS 807)
SOURCE:
DATE:
FIDE Research
MAY-14-99
UPDATE: FEB-01-00
REFNCE: VII.A
12
Integrated Programme Honduras
SELECTED HONDURAN INSTITUTIONS RELATED
TO INVESTMENT AND TECHNOLOGY PROMOTION
PUBLIC SECTOR
Secretaria de Estado en el Despacho Presidencial
Chief of Staff
Edifido Ejecutivo Las Lomas, 3er Piso
Blvd. Juan Pablo 11
Tel. (504) 235-6636
Fax (504) 235-0608
Secretaria de Industria y Comercio
Ed. Banco de Londres, 2. pi
Calle Peatonal
Tegucigalpa, Honduras
Tel: (504) 237-1947
Fax: (504) 237-2836
Email: okafati@sieca.org.gt
Secretaria de Agricultura y Ganaderia
Department of Agriculture and Cattle Ranching
Ave. La FAO, Blvd. Miraflores
Tegucigalpa, M.D.C., Honduras
Tel. (504) 231-1921
Fax: (504) 232-5375
E-mail: galvarad@disnet.com
Secretaria Tecnica y de Cooperaci6n Internacional (SETCO)
Department of International Cooperation
Blvd. Sanjuan Bosco, Edif. El SOl, Apartado Postal # 1327
Tegucigalpa, Honduras
Tel. (504) 239-5269
Fax (504) 239-5277
E-mail: setco@interdata.hn
Secretaria de Relaciones Exteriores
State Department (Foreign Relations)
Antiguno edificio Casa Presidential, Blvd.
Miraflores, 50. Piso
Tel. (504) 234-4923j 1952/ 1898/ 1922
Fa3c (504) 234-1484, 234-1678
Email: rfloresb@sre.hn
Secretaria de Recursos Naturales y Ambiente
Department of Natural Resources and the Environment
100 mts al Sur del Estadio Nacional
E-mail: sema@sdnhon.org.hn
Tel 504239-4296 Fax 504 2326250
Direccción General de Gestion Empresarial~
Business Bureau
Edificio Larach, 70. Piso, Tegucigalpa
Tel. (504) 222-0318, 222-5121 Fax: (504) 222-0318
Dirección General de Inversiones
Investment Bureau
Edif: Larach, 50. Piso, Tegucigalpa
Tel. (504) 238-2024
Fax (504) 237-3025
E-mail: ingridag@hotmail.com
dgips@honduras.com
Dirección de Sectores Productivos
Productive Sector Bureau
Edif: Larach, 90. Piso, Tegucigalpa
Tel. (504) 222-7048 0 222-7687
Fax (504) 222-1981
Dirección de Propiedad Intelectual
Copy Rights Bureau
Edit: Larach, 3er. Piso, Tegucigalpa
Tel. (504) 2384258/ 2384262
Fax. (504) 238-4267
E-mail: dgpihonduras@hotmail.com
Direcci6n de Integración y Politica Comercial
Integration and Commercial Policy Bureau
Edif: Larach, 10 Piso, Tegucigalpa
Tel. (504) 222-6055
Fax: (504) 238-1336
E-mail: jerazo@sict.gov.hn
Secretaria de Finanzas
Department of Public Finances
Edif: Ministerio de Finanzas, Frente a Quinchon Leon
III Piso
Tegucigalpa, M.D.C., Honduras, C.A.
Tel. (504)222-8701 / 237-4537 / 222-1211
Fax (504) 238-2309 / 237-5033
Comision de Modenrlización del Estado
National Modernization Committee
Edif. Ejecutivo Las Lomas, 4to. piso Blvd. Juan Pablo II
Tegucigalpa, M.D.C., Honduras
Tel. (504) 235-9369-71
Fax (504) 235-9368
E-mail: cpme@hondutel.hn
Banco Central de Honduras
Central Bank of Honduras
2da. Calle, 6-7 Ave. P.O.Box 3165
Tegucigalpa, M.D.C., Honduras
Tel. (504) 237-1668
Fax (504) 237-6261
E-mail: eamaya@mail.bch.hn
13
Integrated Programme Honduras
PRIVATE SECTOR
Consejo Hondureno de la Empresa Privada
(COHEP)
National Council of the Honduran Private Sector
Col. Tepayac, calle Yoro, Tegucigalpa
Tel. (504) 235-3336 Fax (504) 235-3345
E-mail: consejs@cohep.com
Camara de Comercio e Industrias
de Comayagua
Apartado Postal No. 151
Comayagua, Depto. de Comayagua,
Tel: (504) 772-1776, Telefax: (504) 772-1939
E-mail: ccicom@hondutel.hn
Asociación Nacional de Industriales (ANDI)
National Manufacturers Association
Col. Castaño Sur, Edif. Fundación Covélo
Tegucigalpa
Tel: (504) 232-2221, 232-5731
Fax; (504) 221-5199
E-mail: infoandi@andi.hn
Camara de Comercio e Industrias de Cortes
Apartado Postal No. 14 , Ave. Circumvalación
San Pedro Sula, Cortes
Tel. (504):553-0761/552-8297
Fax (504) 553-3777/552-8289
E-mail: ccic@simon.intertel.hn
Asociación de Fabricas de Productos
Farmaceuticos de Honduras (ANAPROFARH)
Pharmaceutical Products Processing Plants
Association
2da. Avenida Comayaguela, Frente al Parque Obelisco
13 y 14 calle #1336, Tegucigalpa
Tel: (504)237-1040, Fax: (504) 238-0624
E-mail: i_guerrero@itsnetworks.net
Asociación Nacional de Medianas y Pequenas
In dustrias de (Honduras (A.N.M.P.I.H.)
National Association of Medium and Small Industries
of Honduras
Calle 13, Frente a Centro Comercial Lempira
Comayagüelo, Tegucigalpa
Tel/fax: (504) 237-6388
Asociación de lideres Empresariales Femeninas de
Honduras (AL.EFH)
Association of Women Business Leaders
Tegucigalpa
Asociación Hondurena de Maquiladoras (A.H.M.)
Honduran Maquila Association
Avenida Circunvalación
Edif. Yude Canaferati, San Pedro Sula
Tel. (504) 556-5526; Fax (504) 552-5525
E-mail: director@ahm-honduras.com
Federacion de Camaras de Comercio
e Industrial de Honduras (FEDECAMARA)
Col. Los Casta os Sur, Edif: Casta ito
2do. Nivel, # 201
Boulevard Morazan, Tegucigalpa
Telefax: (504) 232-1870
E-mail: fedecamara@sigmanet.hn
Federación de Agroexportadoros de Hon. (FPX)
Frente a Tone de Banco del Pais
Blvd. José Antonio Peroza, San Pedro Sula
Tel: (504) 566-3794/0795, Fax: (504) 566-3852
E-mail: fpx.Honduras@mayanet.hn
The Foundation for Investment and
Development of Exports (FIDE),
TEGUCIGALPA OFFICE:
Condominio Lomas 4th floor, Col.
Lomas del Guijarro Tegucigalpa,
M.D.C. Honduras, C.A;. P.O. Box 2029
Tel: (504) 235-3471/72, Fax: (504) 235-3484
Web: www.hondurasinfo.hn
The Foundation for Investment and
Development of Exports (FIDE)
SAN PEDRO SULA OFFICE:
Edificio FIDE-SPS, Col El Pedregal, 4
Ave. 1era calle, Este entre Blvd
Universidad y Blvd Las Torres Bloque 32
lote 1, San Pedro Sula, Cortes,
P.O. Box 1878
Tel: (504) 566-3040, 566-3042, Fax:(504) 566-3049
E-mail: ddp@fidehonduras.com
dpe@fidehonduras.com
Web: www.hondurasinfo.hn
Camara de Comercio e Industrias
de Tegucigalpa
Apartado Postal No. 3444
Tegucigalpa
Tel. (504) 232-4200; Fax (504) 232-0159
E-mail: ccit@hondutel.hn; camara@ccit.hn
Eurocentro
Edificio FIDE, 500 mts. al norte del
Hospital Mario Catarino Rivas
Frente a Funadeh
San Pedro Sula
Telefax: 566-3029, 566-2658
E-mail: eurocentro@fidehonduras.com
Cámara de Turísmo
Edif. Plaza Robina, 2do piso
Fte. a Gimnasio el Gacto
Col. Palmira, Calzada Bahamas
atrás de la Embajada Americana
Tegucigalpa
Tel: (504) 236-8836, Fax: (504) 221-3662
E-mail: canaturh@vivategus.com
14
Integrated Programme Honduras
MAJOR INVESTORS IN HONDURAS
GERMANY
U.S.A (Continued...)
Bayer de Honduras
Siemens, Relectro
Emasa/Novem
Dacotrans
Lufthansa
Hapag Loyd
Hoechst
Henkel
Standard Fruit Company
Texaco International Trader, Inc.
The House of Windsor
Tropical Gas Company
UNITED KINGDOM
Shell
British American Tobbaco Co.
Lloyd’s Banks (Americas)
Fyffes Group Limited
Sterling Products International
HOLLAND
La Curacao
Representaciones La Curacao
Festival Consultores y Servicios, S.A. de C.V.
Inpelca (Phillips)
Restaurante El Trapiche y Procesadora de Leche
Restaurante Don Udo’s
Lavandería Speedy Clean (Laundry)
Inversiones Químicas
Norex International
FRANCE
Elf
U.S.A.
Bay Island Fish Co.
Cargill Inc.
Castle & Cooke Inc.
Citibank, N.A.
Cítricos International Inc.
Colgate-Palmolive, West Indies Inc.
Continental Airlines
Five Star Mining
Grey Advertising Inc.
H.B. Fuller Co.
MCI International
McCan-Erickson Worldwide
Moore Business Forms & Business Division
Motorola
Quest International Resources Corporation
Seaboard Marine Corporation
Sprint Central America, Inc.
Franchises
Alphagraphics
America’s Favorite Chicken Enterprises (AFC)
Budget Rent a Car
Burger King Inc.
Churchs Chicken
Domino’s Pizza International
Dry Cleanning Martinizing
McDonald’s
Midas International
Oil Butler
Pizza Hut International
Manufacturers (Maquila)
American Technologies Company
Anvil Knitwear Inc.
Armen Company
Bestform Foundation Inc.
Billy Van Heusen Co.
Champion Jogbra Inc.
Character Foundation
Fieldstone Clothes Inc.
Fruit of the Loom
J.E. Morgan Knitting Mills
JFC Industries
Levi’s Strauss Co.
Maurice Silvera Inc.
M. Fine & Sons Mfg. Co.
Nazareth Century Mills
Red Kap Industries Inc.
Renfro Corporation
Sara Lee Corp.
Technology Research Corporation
The Harwood Company Inc.
Lear
Cintas USA
Warnaco Man’s Apparel Division
Williamson Dickie Manufacturing Co.
Wrangler Corporation
Wrangler Incorporated
15
Integrated Programme Honduras
INVESTMENT AND TECHNOLOGY PROJECTS
Proposed by Honduran companies, the investment and technology projects
listed in the following pages have been evaluated and profiled by UNIDO
under the Integrated Programme Honduras. They are being promoted through
the UNIDO Network of Investment and Technology Promotion Offices (ITPO),
UNIDO
Exchange and other contacts. Most projects, whether new ventures or expansion or upgrading of existing ones, are in the agro-processing.
For additional information on listed projects, please contact Secretaria de
Industia Y Comercio, Tegucigalpa, Honduras and UNIDO, Vienna.
SECRETARIA DE INDUSTRIA Y COMERCIO
Ed. Banco de Londres, 2. pi
Calle Peatonal
Tegucigalpa
Honduras
Tel: (504) 237-1947
Fax: (504) 237-2836
Email: okafati@sieca.org.gt
rrlagos@hotmail.com
INDUSTRIAL
UNITED NATIONS
DEVELOPMENT ORGANIZATION
Vienna International Centre
P.O.Box 300,A-1400 ViennaAustria
Tel: (43 1) 26026 4813/3693
Fax: (43 1) 21346 3693
E-mail: vhinojosa-barragan@unido.org /
opadickakudi@unido.org
Web: www.unido.org
16
INTEGRATED PROGRAMME HONDURAS
INDUSTRIAL INVESTMENT AND TECHNOLOGY PROJECTS
SUMMARY OF PROJECTS IN AGRO-FOOD INDUSTRY; RENEWABLE ENERGY, WOOD PROCESSING AND FURNITURE
(Jointly prepared by UNIDO, FIDE, EURO CENTRO, CCIC & CERTEC)
Project
No.
Local Sponsor
Project
Project
Summary
Estimated
investment
(million US$)
Foreign
cooperation
sought
AGRO -FOOD INDUSTRY
HON/
AGR01
Company name: PALCASA
Tel: (504) 448-0045/ 552-1541
Fax:
E-mail:
h_l_castro@hotmail.com
f.vaquero@unitec.edu
Employees: 64
Sales: US$4.3 million
Location: San Pedro Sula, Cortés
PALM OIL
PROCESSING
PLAN T
HON/
AGR02
Company name: Industria
Procesadora de Alimentos
Tel: (504) 230-4301/4308
Fax:(504) 230-7360
E-mail:
andifar@multivisionhn.net
Employees: 35
Sales: US$3.25 million
Location: Colonia Kenned,
Zona Jacaleapa, 200 m. delante
de Leche Sula, Tegucigalpa
FRUIT AND
VEGETABLE
CANNING
PLANT
17
Extractor plant
PHASE 1 refers to the acquisition of technology to install palm oil
extractor plant with an initial capacity of 15 T.M R.F.F. per hour,
and with full infrastructure for expansion. Exisitng infrastructure is
in early stages of construction.
PHASE 2 Expansion of the capacity upto 30 T.M R.F.F per hour
Refinery and Fractioning plant
This project proposes installation of a refinery and fractioning plant
of 50 MT of oil RBD/per day and will be equipped with all the
necessary tools for the expansion up to 100 MT/ per day. The
refinery will be located near the extractor. The whole project will
be self-sufficient in electric power by vapor starting from biomass
generated in the extraction process.
Environmental impact
This is an environmental and ecologically healthy project. The
tributaries will be treated in oxidation lagoons and the smoke of the
combustion of vegetable residuals will be treated by means of
special filters placed in the chimney of the boiler.
The project aims for setting up a new processing plant to process
fruits and vegetables. At present in Honduras fruits and vegitables
are grown in industrial quantities but are not processed due to lack
of processing facilities in the country. The Plant is capable of
processing fruits and vegetables, and packaging them in cans.
There is a secondary line which consist of a juice processing line
with packaging in glass or plastic containers. The markets studied
are the Central American markets and the European Markets
having Germany as the main market.The company’s vision is to
explore most of its production as a subcontractor to the European
markets; and to market the products in Central America.
17
• Joint venture
• Technology
transfer
1.2
• Joint venture
• Loan
• Buy
back
arrangement
Project
No.
HON/
AGR03
HON/
AGR04
18
Local Sponsor
Company name:
APROCACAHO
Tel: (504) 669-3400
669-3912
Fax: (504) 669-3912
E-mail:
Aprocaho@hondutel.hn
Employees: 46
Sales: US$ 3 million
Location:
600 mts. Carretera a la Jutosa,
Choloma, Honduras
Company name:
ALICASA
Tel: (504) 551-2011
Fax: (504) 551-2771
E-mail:
alicasa@globalnet.hn
Employees: 90
Sales: US$ 1.7 million
Location:
Blvd. Del Norte, 150 m. al este
Texaco Palenque, San Pedro
Sula
Project
COCOA
INDUSTRIAL
PLANT
NEW
PACKAGING
UNIT FOR
BEANS PASTA
PRODUCTION
Estimated
Foreign
Project
investment
cooperation
Summary
(million US$)
sought
Aim of this project is to identify a partner, who is capable to
8,2
• Joint venture
supply enough quantities of raw material in order to cope with
• Buy
back
current demand. The sought joint venture partners are companies
arrangement
that produce cocoa terminal product s for their markets.
Now
Aprocacaho plant has an installed capacity of 400 MT/month of
cocoa beans plus 7.000 MT of cocoa liquor/month. Presently the
company’s export market includes Spain, Belgium, Holland, USA
and Central America. The company has direct accesss to cocoa
beans in Honduras due to the fact that the owners of the company
are also producers. APROCACAHO has a stock of 2.600 MT, but
there isn’t enough volume
The project is to expand production by means of introducing a new
packaging for the pasta using “retorted pouch packaging “.
Presently followed method is freezing and packaging in poly bags
which limits distribution. With the pouch the company could
export to all Central America and Ethnic markets in the U.S.
The estimated sales of the company is 400,000 pounds a month or
US$ 2.5 million the first year. The company could also produce
typical soups.
2.2
• Joint venture
• Equipment
purchase
Project
No.
HON/
AGR05
HON/
AGR06
HON/
AGR07
19
Local Sponsor
Company name:
Río Nance Agroindustrial, S.A.
de C.V. (RINAGRO)
Tel: (504) 669 0500/0664
552-6357
Fax: (504) 669 0580
E-mail: rionance@sigmanet.hn
www.honduras.ag.org/rinagro
Employees: 70
Sales: US$ 2 million
Location: Km. 15 carretera a
Pto. Cortés Aldea Río Nance,
Choloma
Company name:
Cocoa de Honduras S.R .L. de
C.V.
Tel: (504) 557-0253
995-3394
Fax: (504) 557-0253
E-mail: haneger@sigmanet.hn
Employees: 120
Sales: US$ 525,279.05
Location: 2 ave. 10C. S.E.
Barrio Medina Plaza Pell, San
Pedro Sula, Honduras.
Company name: Alimentos de
Cortés S.A. (ALCOSA)
Tel: (504) 551-0300
Fax:(504) 551-0299
Employees: 147
Sales: US$ 4 million
Location: San Pedro Sula
Estimated
Foreign
Project
investment
cooperation
Summary
(million US$)
sought
PRODUCTION Aim of this
project
is to expand the aseptic banana puree
1.64
• Joint venture
EXPANSION
processing plant capacity from 6,500 MT to 9,000 MT per year in
• Loan
OF ASEPTIC
order to meet export market demand. The joint venture partner is
• Technical
BANANA
also expected to make
necessary adjustments on the banana
expertise
PUREE PLANT reception and washing systems. The waste water treatment system
need to be expanded and a new Nitrogen Generation System (99%
pure) to be installed The project also aims to increase ripening
capacity of the plant since that has been the bottleneck of the
production process. The project is located in free zone, thus have
access to several incentives.
Project
EXPANSION
OF COCOA
BEANS
PROCESSING
PLANT,
PEPPER,
ALLSPICE
AND BEE
HONEY.
The company aims to expand cocoa stock chain and cleaning- 1.1
roasting process of cocoa beans, organic cocoa
and organic
allspice
(under
certification
by
BCS-OKO-GARANTIE
(Germany)).
Expand storage center and increase capacity of the processing
plants of cocoa beans to export a major quantity of conventional
and organic fermented cocoa. The company intends to develop its
own capacity on transfer of technology and technical assistance for
services to the producers.
Finally, the company expects to expand buying capacity to increase
cocoa beans and allspice exports to other importing countries.
In the bee honey case, the company want to increase imports so
as to cover the demand of this product in Honduras, as well as to
promote and encourage the national production, through new
technology
and assistance
to the bee honey producers in
Honduras.
PRODUCTION The project aims to install blowing machinery for bottling in order
0.39
OF PLASTIC
to meet company's needs and to export in the region. Alimentos
CONTAINERS Cortes SA is a company, which is well positioned in the local food
FOR JUICES
market. Most of its products come on different types of bottles.
Bottle production is low in the country, thus the company has
trouble with its juice market.
• Loan
• Market access
• Loan
• Buy
back
arrangement
• Equipment
purchase
Project
No.
HON/
AGR08
HON/
AGR09
HON/
AGR10
20
Local Sponsor
Company name: Inversiones
Amalgamadas S.A. de C.V.
(INALMA)
Tel: (504) 558-1291
557-5232/33
Fax: (504) 552-8366
E-mail: plantain@sigmanet.hn
Employees: 170
Sales: US$ 2.9 million
Location: 1-2 St., 13 avenue
NW, San Fernando, San Pedro
Sula
Company name:
ASOPROSALH
Tel. : (504) 881-2345
Fax: (504) 881-2350
E-mail:
Employees: 600
Sales: US$1,2 million
Location: San Lorenzo, Valle,
Honduras
Company name: Dairy Farms
Association
Tel: (504) 777-2412
Fax:(504)
E-mail: tlitlic@hotmail.com
Employees: 180
Sales: US$ 800,000
Location: Distrito de Irrigación
Flores, Comayagua
Project
Project
Summary
This project aims to replace equipments and to modernize
processing systems. INALMA is a medium sized business that is
dedicated to export products elaborated from plantains; now t he
company’s business has reached its limit of growth in the actual
processing plant, so the company looks for enlarging and
improving the physical installations. The company has already
acquired a property near the town of San Manuel, Cortes, where
they will install their new processing plant. They have researched
and developed a new product that have a great potential in the US
market and some Latin American countries. INALMA processes
products for GOYA FOODS, and have two registered trademarks
that are being sold to the Latin market in the United States.
Acquisition and installation of a salt processing plant (mill, washer,
UPGRADE
dryer, sifter and an iodine and fluoride dispenser) in order to
AND
produce a higher quality salt and supply at competitive prices in
EXPANSION
Honduran market with exportation potential to El Salvador and
OF A SALT
Nicaragua. The company is made up of 10 partners who have
PRODUCTION invested in the infrastructure, network of storage warehouses and
FACILITY
have experience in joint sales of salt in Honduras. The partners are
salt producers, therefore, they could supply raw material that will
be required by the company.
TECHNOLOGY This project is to set up a
milk-processing unit and to produce
UPGRADING
cheese, Ricotta and a beverage that is made of sweet (when mixed
FOR DAIRY
with fruit juices). The joint venture partner needs to supply
PRODUCTS
pasteurising equipment and technical management expertise. The
ASSOCIATION farmers in Flores use the traditional ways to process milk. They are
now organized in an association of 35 farmers, who produce 7,500
liters daily with feasibility to increase production with up to date
technologies and production processes.
Most farmers and companies around the country still don’t
pasteurize milk and use manual processes, thus this upgrade will
give us a competitive advantage.
Estimated
investment
(million US$)
Foreign
cooperation
sought
1.76
• Loan
• Buy
back
arrangement
2.6
• Joint venture
• Technical
expertise
• Buy
back
arrangement
• Equipment
purchase
3.8
• Equipment
purchase
• Technology
transfer
EXPANSION
AND
REHABILITATION OF THE
PLANTAIN
PROCESSING
PLANT
Project
No.
HON/
AGR11
HON/
AGR12
HON/
AGR13
21
Local Sponsor
Company name:
ASOCIACIÓN DE
PRODUCTORES DE
PLÁTANO NUEVO SINAÍ
S.A.
Tel: (504) 451-7145/995-7026
Fax: (504) 451 7110/7145
Employees: 400
Sales: US$ 96,000.00
Location: El Nuevo Sinaí,
Municipio de Trujillo, Colón
Company name:
PRODUCTOS DEL CAMPO, S.
DE R. L. (PROCAMPO)
Tel: (504)556-6108/6355/7716
Fax:(504) 556-7580
E-mail: andy@globalnet.hn
Employees: 15
Sales: US$100,000.00
Location: Col. Altiplano,
Costado Norte Cementerio
Jardines del Recuerdo, San
Pedro Sula.
Company name:
Lechera Industrial del Norte
(LINSA)
Tel: (504) 647-4269
Fax: (504) 647-4945
E-mail:
aavilaewens@yahoo.com
Employees: 27
Sales: US$ 0.5 million
Location:
Km. 6, carretera de El Progreso a
Tela, Honduras
Estimated
Foreign
Project
investment
cooperation
Summary
(million US$)
sought
EXPANSION
This project aims at developing plantain plantation in 350 acres of
1
• Joint venture
OF 280
land owned by a farming cooperative. This farming cooperative
• Market access
HECTARES OF owns an area of
500 hectares for agricultural production.
• Marketing
PLANTAIN
Hurricane Mitch destroyed the whole infrastructure available up to
expertise
AND MARKET 1998. Up to now there are already 70 hectares cultivated land , of
• Technology
ACCESS
which 80% are currently in production. This project intends to
transfer
mobilize resources to the cooperative in order to produce, process
and export their products.
Project
RAMBUTAN
PACKAGING
PLANT FOR
EXPORT
MARKET
ACCESS
The project aims to install a new packaging plant for packing and
selection of rambutan fruits for export. It is also contemplated that
the expansion of 25 acres for new varieties of rambutan fruits will
result in 1 million MT of rambutan fruits per year which will allow
for agroindustrial processing in the future.
The company has largest rambutan production area in Honduras
and possess local commercialization experience, but production is
increasing and soon (in a period of 3-4 years) local market will be
saturated.
Looking at this forecast, there is interest from the
company to reach export quality and initiate sales process in other
markets.
The Honduran Government provides incentives for the export of
agricultural products.
IMPROVEMENT The company has prepared to execute an expansion of milk
OF THE
products (from 2,500 to 5,000 lt/day, with resources available
QUALITY OF
today) through the acquisition of technology that would permit it to
LACTOSE
compete in the marketplace The Lechera Industrial del Norte
PRODUCTS
(LINSA) is a well recognized company since 1970. Its main
FOR MARKET activity is the production of milk (cattle farming). Since 1994 they
EXPANSION
began to produce various products with milk, cheese, sour cream
and a variety of juices.
.
0.52
• Market access
• Buy back
arrangement
• Equipment
purchase
• Technical
expertise
0.59
• Loan
• Equipment
purchase
• Technology
transfer
Project
No.
HON/
AGR14
HON/
AGR15
HON/
AGR16
22
Local Sponsor
Company name:
Inversiones Doble Hache
Tel: (504) 550-2800/991-2404
Fax: (504) 557-2780
E-mail:
jhmedina@simon.intertel.hn
Employees: 55
Sales: US$47.600
Location:
Km. 103 carretera a occidente,
La Entrada, Copán.
Company name:
Casa Gari S.A.
Tel: (504) 440-0683/1568
Fax: (504) 440-0683
E-mail: gari@laceiba.com
www.tropicohn.com/gari
Employees: 54
Sales: US$ 760,000
Location:
Centro Comercial Las Americas
#22, La Ceiba
Company name:
Industrial Soy
Tel: (504) 551-2292
556-2486
Fax: (504) 440-0683
E-mail: ctielema@hotmail.com
Employees: 35
Sales: US$ 3.57 million
Location:
Zona Libre Calpules
Estimated
investment
(million US$)
Foreign
cooperation
sought
Project
Project
Summary
MARKET
ACCESS FOR
CHILE
JALAPEÑO
(MEXICAN)
AND WHITE
MANIOC
(YUCCA).
The project aims expansion
and standardization of various
varieties of CHILE JALAPEÑO (MEXICAN) AND WHITE
MANIOC (YUCCA), and installation of a processing plant with
adequate conditions for export of the products. Presently the total
production is consumed by the local market. Now the objective of
the company is to increase production from 3 million pounds to 6
million pounds through using up to date machinery and increase
on productivity. There are adequate hand labor skills that can be
used.
2.2
• Joint ve nture
• Market access
• Management
expertise
• Technical
expertise
• Market expertise
CONSTRUCTION
The project will be incremental to the national and international
market of the Casabe through the construction of a processing plant
at the Monte Pobre community, Rio Esteban, Corozal and Sambo
Creek.
Also the increase of productivity, processing and exporting of
yucca produced by this same group is considered with the use of
basic infrastructure.
0.56
• Joint venture
• Technical
expertise
• Marketing
expertise
• Management
expertise
• Technology
transfer
2.17
•
•
•
•
OF CASABE
PLANT AND
PLANTING
YUCCA FOR
PROCESSING
INSTALLATION This project is to set up a soymilk factory for the processing of
OF AN
INDUSTRIAL
SOY FOODS
AND
DERIVATIVES
PROCESSING
PLANT
Microsoy Flakes . In Honduras there is no soymilk processor of
any kind, but in other countries of the region this product is well
accepted. The products to be elaborated will be soymilk,
soycheese, soyfruit juices and texturized soy protein. Production
capacity is estimated to 600 lt/hr with a turnover of US$ 3.57
million.
The company will be located in a free zone, thus having all
incentives for export and tax free sales. This project has been
carefully studied considering market and production tendencies.
Joint venture
Market access
Sub contracting
Buy back
arrangement
• Equipment
purchase
• Marketing
expertise
Project
No.
Local Sponsor
Project
Project
Summary
Estimated
investment
(million US$)
Foreign
cooperation
sought
RENEWABLE ENERGY
HON/
ENE01
Company name:Azucarera Tres
Valles
Tel. : (504) 237-4307
Fax: (504) 237-2014
E-mail: catv@gbm.hn
Employees: 1,500
Sales: US$13 million
Location: San Juan Flores,
Francisco Morazán, Honduras
15 MWH
HYDROPOWER
PLANT
HON/
ENE02
Company name:Azucarera Tres
Valles
Tel. : (504) 237-4307
Fax: (504) 237-2014
E-mail: catv@gbm.hn
Employees: 1,500
Sales: US$13 million
Location: San Juan Flores,
Francisco Morazán, Honduras
9 MWH
RENEWEABLE
ENERGY
FROM
BAGASSE
HON/
WF01
Company name:
Manufacturas del Trópico, S.A.
Tel: (504) 669 3681
Fax:(504) 669 3633
E-mail: tropico@globalnet.hn
tropico@mayanet.hn
Employees: 472
Sales: US$5-7 million
Location: Km. 7 autopista a Pto.
Cortés, Choloma Cortés,
Honduras.
23
A well establsihed sugar producer wishes to diversify into energy
production. The project envisages to generate 15MWH power.
Fifteen miles from the company's sugar cane facilities, up the
river used to irrigate the sugar cane fields, is a canyon that can be
used to build a dam to store water and generate electricity. The
dam would be 40 meters high and would have the capacity to store
water enough to generate an average of 33 GWH of energy per
year based on the water flow from the river.
Permits and concessions for the use of this land and the agreement
on purchase of electricity by the National Electricity Company
are in process.
The project is for cogeneration of electricity.
Currently the
company generates its own
electricity demand, however, they
have the capacity to generate more electricity. Actual low pressure
boilers produce steam using bagasse (residual product from sugar
cane) left over from the mills; with a high pressure boiler and a
turbogenerator they will be able to increase production from
3MWH to 9MWH of electricity, with the possibility (already under
negotiation) to sell the excess of 6 MWH to the grid.
WOOD PROCESSING AND FURNITURE
DIVERSIFICA- This project aims to diversify the current high quality outdoor
TION OF HIGH furniture. The company has established its trademark Weathercraft
END
in the outdoor furniture industry at the USA market and produces
OUTDOOR
several furniture categories, including 100% woven with synthetic
FURNITURE
fiber and exposed aluminium furniture with sling, cushion and
PRODUCTION strap responding to market demands.
AND MARKET The project also aims to expand its export markets in Canada, Latin
ACCESS
America, the Caribbean countries and Europe.
18
• Joint venture
• Loan
• Equipment
purchase
• Management
expertise
• Technical
expertise
5
• Joint venture
• Loan
• Equipment
purchase
• Joint venture
12.2
•
•
•
•
Joint venture
Loan
Market access
Marketing
expertise
• Technical
expertise
• Technology
transfer
• Joint R & D
Project
No.
HON/
WF02
HON/
WF03
HON/
WF04
24
Local Sponsor
Company name:
INDEMAH
Tel: (504) 565-9348/984 0737
Fax:(504) 565-9256/565-9304
E-mail: indemah@netsys.hn
Employees: 80
Sales: US$ 1,700,000.00
Location: Col. San Antonio 400
metros al Sur de Residencial
Montebello, San Pedro Sula.
Company name:
MANUFACTURAS Y
PRODUCTOS
INTERNACIONALES S. DE
R.L.
Tel: (504) 556-9148/556 7131
Fax:(504) 556-8352
E-mail: gilito@sigmanet.hn
Employees: 60
Sales: US$ 1,052,000.00
Location: Blvd. del Sur, La
Puerta, cont Tabacalera
Hondureña, SPS.
Company name:
Diseños Metálicos Colecciones
Tel: (504) 552-3776
Fax:(504) 552-3776
E-mail:
Employees: 25
Sales: US$ 170,000.00
Location: Bo. Guadalupe, Calle
20 N.E. 4-5 Ave. San Pedro
Sula, Honduras.
Project
MARKET
ACCESS FOR
FURNITURE
PRODUCTS
Project
Summary
The company is country leader in the manufacture of upholstered
furniture for living rooms and in wood for dining rooms and
recently manufactures beds. The objective of the project is to use
65% of the nominal capacity of production for foreign market,
since for the national market only 35% is required. There is
capability to manufacture different designs, if required, by potential
market. Most of the wood used at this time is called San Juan
Moreno and comes from a farm forest owned by the company.
Estimated
Foreign
investment
cooperation
(million US$)
sought
3.2
• Market access
• Sub contracting
EXPORT AND
PRODUCTION
OF PINE
WOOD FLOOR
(PARQUETS).
This project envisages to find out adequate equipment for the
production of pine wood for floors for the European continent.
Countries such as United Kingdom, Ireland, France and Germany
are importing this product from Central America, especially from
Guatemala.
The company has the appropriate raw material and expertise on
wood processing, in order to compete in the parquet market.
The idea is to produce parquets in Honduras and export them to
the clients abroad.
0.47
• Loan
• Equipment
purchase
• Technology
Transfer
FULL
CAPACITY
UTILIZATION
AND
EXPANSION
OF METAL
FURNITURE
PLANT
The project aims to modernize and expand its operation reaching
production capacity and to introduce
new furniture lines with
finishing of natural fibers, Mimbre (wicker) exclusively for the
export markets in USA, Canada and Europe, mainly Germany.The
company produces for local market. Has 30 variety of metal
furnitures, e.g. wardrobes, beds, kitchen cabinet, porch chair etc.
using only 21% of its installed capacity.
0.66
•
•
•
•
Loan
Market access
Sub contracting
Technical
expertise
• Buy back
arrangement
• Equipment
purchase
Integrated Programme Honduras
UNIDO INVESTMENT AND TECHNOLOGY PROMOTION OFFICES (ITPOs)
Athens, Greece
Head of Office:Mr. Alexandros
ROUSSOPOULOS
7, Stadiou Street
7th Floor, Syntagma
105 62 Athens
Telephone: (301) 3248319,
3248367
Fax: (301) 3248778
e-mail:UNIDO@compulink.gr
Beijing, People’s Republic
of China
Director: Mr. HU Yuandong
5-1-41 Tayuan Diplomatic
Compound, No. 1 Xin Dong Lu
Chaoyang District 100600
Beijing
Telephone: (8610)6532 6140
Fax: (8610)6532 6145
e-mail: ipschina@a-1.net.cn or
ipschina@bj.col.com.cn
Manama, Bahrain
Head of Office:
Mr. Hashim HUSSEIN
P.O.Box 10523
Manama
Telephone: (973) 536 881
Fax: (973) 536 883
e-mail: ipsbah@batelco.com.bh
Street address
Bahrain Development Bank House
Building No. 170. Road 1703
Manama 317
Bratislava, Slovakia
Head of Office:
Mr. Vladimír Wiedermann
Grösslingová 35
811 09 Bratislava 1
Telephone: (421 7) 5933 7181,
82, 83, 84
Fax: (421 7) 5933 7189
e-mail: unido@itpo.sk and
vwiedermann@itpo.sk
e-mail:unido.ipo.milan@agora.stm.it
Bologna, Italy
Via della Beverara, 123
I-40131 Bologna
Tel: (378) 690002
Fax: (378) 690003
e-mail: unido@iperbole.bologna.it
Paris, France
Head of Office: Mr. Gérard Gaveau
9, rue Notre Dame des Victoires
F-75002 Paris
Telephone: (331) 44550505
Fax: (331) 49269726
e-mail: onudifr@micronet.fr
Seoul, Korea
Head of Office: Mr. Wan-gil Kang
c/o Korea International Cooperation
Agency, 128, Yunkun-dong,
Chongro-gu, Seoul 110-460
Telephone: (822) 747-8191/8192
Fax: (822) 747-8193
e-mail: unido@chollian.net
Tokyo, Japan
Head of Office: Mr. Hideo NAKANISHI
Shin-Aoyama Building, W-16F
1-1-1, Minami-Aoyama/Minato-Ku
Tokyo 107
Telephone: (813) 34029341
Fax: (813) 34029384
e-mail: itpotokyo@unido.or.jp
Warsaw, Poland
Head of Office: Mr. Krzysztof LOTH
Aleje Niepodleglosci 186
00608 Warsaw
Mail address:
Skr. Poczt. 1,Warsaw 12
Telephone: (4822) 8259467, 8259186
Telex: 817916 UNIDO PL
Fax: (4822) 8258970
e-mail: ips-waw@unido.pl
Milan, Italy
UNIDO CENTRE FOR
INTERNATIONAL
INDUSTRIAL CO-OPERATION
Head of Office:
Mr. Stefano GIOVANNELLI
c/o Fiera di Milano
Largo Domodossola 1
I-20145 Milan
Telephone: (3902) 4815522
Fax: (3902) 4985925
Moscow, Russian Federation
Director: Mr. Yevgeni BURMISTROV
Ulitsa Kuusinena 21B
125252 Moscow
Telephone: (7095) 943 0021
Fax: (7095) 943 0018
e-mail: unido-ciic@mtu-net.ru
ITPO WALLOON Region
Agence Wallonne a l’EXportation
(AWEX), Plkace Sainctelette,2
B-1080 Bruxelles
Tel: +32.2.421.82.11
Fax: 32.2.421.87.87
Email: mail@awex.wallonie.be
http://awex.wallonie.b
UNIDO Headquarters Office:
Mr. Phillipe Walkiers, Head
D2085
Tel.: +43 1 26026 3769
E-mail: pwalkiers@unido.org
IPU Egypt
Head of Unit:
Mr. Alessandro PARLATORE
Adly Street 8, Cairo
Telephone: (202) 3915901
Fax: (202) 3957631
e-mail: unidoipu@link.com.eg or
unipo@link.com.eg
IPU Jordan
Head of Unit
Ms. Monica Carcó
C/o. Jordan Investment Board
P.O. Box 893
Amman 11821
Telephone: (+962 6) 5517454
Fax: (+962 6) 5517626
e-mail: unido@jib.com.jo or
mcarco@jib.com.jo
IPU Tunisia
Head of Unit
Mr. Maurizio Bonavia
C/o. Ministry of Int., Cooperation
98, Avenue Med V 1002
Tunis Belvedere
Telephone: (+216 1) 845145
Fax: (+216 1) 846747
e-mail: upi@mci.gov.tn
IPU Uganda
Head of Unit
Mr. Robert Schuller
C/o. Uganda Investment Authority
The Investment Centre
Plot 28, Kampala Road,
P.O.Box 7418, Kampala
Telephone: (+256 41) 251562/6
Fax: (+256 41) 344733 and 342903
e-mail:schuller@ugandainvest.com
25
UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION
Vienna International Centre, P.O.Box 300, A-1400 Vienna, Austria
Tel: (43 1) 26026 4813/3693, Fax: (43 1) 21346 3693
E-mail: vhinojosa-barragan@unido.org/ opadickakudi@unido.org
http://www.unido.org