Honduras Research

The objective of the project conducted by MAR Group was to show the feasibility of outsourcing a 3G/4G broadband service to Honduras. Since a right telecom infrastructure is widely acknowledged as infixed for economic success. Honduras is a country with excellent business projections. It has institutions that move on due care and follow up to hostile investment, and, in a higher place all, a welcoming humour for potential investors who bet on Honduras as an excellent finish 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 teleph adept exchange the States bordered by the Caribbean sea between Guatemala and Nicaragua. Honduras is considered one the poorest countries in Latin America with more than 50% of its nation living in poverty (Coleman, 2010) and a per capita income of $1,800 (The world avow: latin, 2010). Traditional agricultural exports of coffee a nd 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 extraneous ownership of businesses, except for those specifically reserved for Honduran investors with dainty firms with capital less than 150,000 Lempiras (US $11,000).

Moreover, the country welcomes foreign investors and can hold out them a range of benefits. One of them was the confirmation of the 1992 Investment Law, which provided spare trade zones, low labor costs, proximity to the U.S market, Central Americas best Caribbean port, macroeconomic and political! stability do Honduras increasingly attractive to future investors. On June 28, 2009, Honduras economy was in addition damaged by a political turmoil (putsch détat) which mostly affected the countrys trade and remittances (Coleman, 2010). During which the soldiery 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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