Honduras: The Dry Land Panama Canal?

Honduras lies just about 1,000 miles southwest of Miami. A great location for commerce with the U.S.

Thursday, August 14, 2008

Antonio Young is the Executive Vice President of FIDE, Honduras’ Foundation for Investment and Export Development. He says Honduras’ strategic location provides an invaluable access to Latin American markets. And, with the continued development of Honduras’ north-south highway, called the Logistic Corridor, Antonio says Honduras could be the dry land version of the Panama Canal.

And, there are a lot of reasons why it should be, if you ask him. Antonio says the more than 70,000 square miles of tropical terrain and climate can support year-round cultivation and growth of an array of crops and produce. He says the country is a gem for agribusiness development because the government allows 100 percent foreign ownership, there are no import and export duties, there are no taxes on profit or profit repatriation and businesses can go online in as little as 21 days.

More on this topic

Registry of Honduran Exporters Launched

April 2009

The ninth edition of the directory has over 1,000 exporting companies from more than 20 sectors.

The Registry of Exporters, prepared by the Investment and Development Fund (FIDE) also contains information relevant to the export sector or to potential investors such as investment laws and statistics, among others, in addition to the list of companies.

 close (x)

Receive more news about Agriculture

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:


Find distributors in Central America

Reach qualified distributors for your products, from Guatemala to Panama.
Our distributor search service puts you in direct...

Stock Indexes

(Apr 18)
Dow Jones
0.64%
S&P 500
1.76%
Nasdaq
2.70%

Commodities

(May 24)
Brent Crude Oil
106.12
Coffee "C"
168.55
Gold
1,562
Silver
27.745