Northern Triangle and the U.S. continue business association

By Mayora IP

Over 100 high-ranking private, public, and civil society leaders from Guatemala, Honduras, El Salvador and the United States reported on the significant progress achieved towards making the region a dynamic platform for nearshoring during the ThinkHUGE Business and Investment Council’s 3rd Annual Meeting.

The participants included several senior Joe Biden Administration appointees, members of the U.S. Congress, Northern Triangle government officials, as well as business and development bank executives.

"HUGE Founders and Sponsors presented bold new investments they are making and their initiatives to support social and environmental sustainability in the region, including in highly sophisticated renewable energy systems, manufacturing, logistics and aeronautics. The discussion included partnerships with development banks to further enhance the relationship of the Central American Northern Triangle private sector with key players in the USA", HUGE stated in its November 2023 newsletter.

“I want to commend the ThinkHUGE team for the invaluable work you are doing to address the main challenges facing Central America. Your dedication, expertise, and unwavering commitment to the region have not gone unnoticed and I am truly inspired by the impact you are making. I have met many ThinkHUGE member companies, and I am impressed by the scope and scale of their projects that are employing people in Central America, generating renewable energy, building infrastructure, and integrating supply chains. These projects generated over $4.6 billion in investment and will create nearly 130,000 jobs,” said José W. Fernández, Under Secretary of State for Economic Growth, Energy, and the Environment, during his keynote remarks.

The HUGE (Honduras, USA, Guatemala, El Salvador) Business & Investment Council is a nonprofit business association 501(c)(6) established by private sectors leaders from the Northern Triangle of Central America and the United States.

HUGE represents the first joint effort of private sector job creators from the region to drive massive job creation in all four countries.