Advantages
Pacific Honduras
With the current financial crisis Honduras Pacific Industrial and Logistic Park unique location and set up provides its customers with the competitive advantage of attaining lower manufacturing goals with
Highly-trainable low-cost labor
- On January 18, 2007 a minimum salary agreement was approved by the Comisión Nacional Del Salario Mínimo. The agreement states that for the next 10 years the minimum wage in prospective areas of investment and employment (Choluteca, Olancho, El Paraiso, Santa Barbara y Valle) would be 30% less than in the rest of the country.
- The difference represents, to Honduras Pacific Free Zone clients, labor cost savings of $ 0.17/ hour, $ 1.33/day and $ 39.79/month per employee.
Lower rent price per square meter
- At $3 per square meter/month the rent price is lower than in other locations throughout Honduras and Central America. A 4600 square meter rental area represents savings of an average of $3,000 per month.
Lower utilities cost
- At $0.095/Kw price per kilowatt is among the lowest in Central America representing savings of an average of $10,000 per month for a 4600 square meter rental area.
Tax advantages in accordance to the Free Zone Law:
- Free Zones are exempt from all customs charges on import or export of materials, equipment, office supplies and others required for the factory.
- They pay no taxes on profits or sales or municipal taxes.
- They are entitled to 100% repatriation of capital and profits.
- Minimal paperwork on inbound or outbound shipment
Lower training costs
- For our new customers starting operations, Honduras Pacific Free Zone , through INFOP (Government Training Authority), will provide training on specific areas for the manufacturing industry at no cost.
