Honduras Research

The objective of the project conducted by MAR Group was to project the feasibility of outsourcing a 3G/4G broadband service to Honduras. Since a trusty telecom infrastructure is widely acknowledged as indwelling for economic success. Honduras is a country with excellent business projections. It has institutions that retract due care and follow up to hostile investment, and, in a higher place all, a welcoming modality for potential investors who bet on Honduras as an excellent termination to invest, construct and develop. Economic and semi semipolitical conditions Honduras has a tribe of 8,249,574 and is uniquely located right at the heart of fundamental the States bordered by the Caribbean sea between Guatemala and Nicaragua. Honduras is considered integrity the poorest countries in Latin America with more than 50% of its macrocosm living in poverty (Coleman, 2010) and a per capita income of $1,800 (The world commit: latin, 2010). Traditional agricultural exp orts of coffee and bananas nevertheless dominate Honduran economy, but nontraditional sectors, such as the maquiladora (textile industry) has developed enormously over the past decades. The law does not limit exotic ownership of businesses, except for those specifically reserved for Honduran investors with scummy firms with capital less than 150,000 Lempiras (US $11,000).

Moreover, the country welcomes foreign investors and can declare them a range of benefits. One of them was the confirmation of the 1992 Investment Law, which provided unload trade zones, low labor costs, proximity to the U.S market, Central Americas best Caribbean port, macroeconomic ! and political stability make Honduras increasingly attractive to future investors. On June 28, 2009, Honduras economy was too damaged by a political turmoil ( takeover détat) which mostly affected the countrys trade and remittances (Coleman, 2010). During which the force ousted President Manuel Zelaya from office and forced him to dislodge to Costa Rica. The coup détat was a reception over Zelayas plans...If you want to get a complete essay, order it on our website: BestEssayCheap.com

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