Private investment in Honduras will amount to USD 7,200 million

By Bufete Mejía & Asociados

Jacqueline Foglia, executive director of the National Investment Council (CNI), announced that national and foreign private investment in Honduras will possibly amount to USD 7,200 million in 2019.

"We are waiting for the private sector to take advantage of the investment opportunities in the logistic sector”, Foglia said to Forbes. “If the logistic sector investment grows at the same level as 2018, we estimate that in this 2019 national and foreign private investment will increase USD 400 million and reach USD 7,200 million“, she added. According to Foglia, investments at this time of the year “are going well, although they could be better".

Recently the U.S. Department of State’s released its market overview and investment climate statement on Honduras, reciting the top five reasons why U.S. companies should consider investing and exporting to Honduras: Free Trade Agreement (FTA), close proximity to the United States, modernized port infrastructure and logistical platform for the region, and large market share and opportunities for U.S. firms.