Seoul to Assist Honduras on "Charter Cities"The countries agreed to cooperate in the development of special management areas in Honduras.Monday, February 21, 2011 ![]() "Charter Cities" are development-oriented, and the objective pursued by President Porfirio Lobo is to encourage domestic and foreign investment. Source: terra.com Koreans to Conduct Feasibility Studies for Charter CityMay 2011 The Government of Honduras signed an agreement with the Korean company Posco, to carry out feasibility studies for the construction of the first "charter city". Honduran Government Promotes 'Charter Cities'January 2011 In an area of 33 square km, the government promotes a project to build a 'Charter Cities' or 'Model City'. Honduras Discusses Statute to Regulate 'Charter Cities'July 2011 A constitutional statue law on the Special Development Regions (RED’s by Spanish initials) has been approved in the first debate in Congress. Honduran Congress Approves Draft of 'Model City'January 2011 With support from most of the 128 deputies from five political parties, Congress approved the project submitted by the Executive branch. |
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