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Honduras'S Textile And Garment Industry Has Closed Factories To Invest In Salvatore And Nicaragua.

2011/12/12 9:07:00 23

Investment In Textile And Garment Industry

The Honduras Textile Industry Association (AHM) said that

Spin

The garment industry is the most employed industry in Honduras. Due to the high operating cost of Honduras's textile and garment industry, there are at least 12 textile factories closed in this (2011) year, resulting in the loss of 8000 to 10 thousand jobs.


From 2010 to 2011, 16 textile and garment factories in Honduras were dismantling, resulting in 16 thousand people losing their jobs and pferring factories to Salvatore and Nicaragua.


The main reason for the withdrawal of Hong Kong's textile and garment manufacturers is the cost of wages and electricity.

Too high

In terms of the minimum wage, Hong Kong is 48% higher than Nicaragua, 38% higher than Salvatore, and Honduras electricity tariff is the highest in Central America. Another reason is that Nissan and two countries have preferential tariff for textile garments, better judicial and public order.


The private sector in Honduras is very worried that it will lose the competitiveness of the textile and garment industry and the increase in the number of unemployed people, which will lead to a vicious circle of worsening public order and rising crime rate. However, the Honduras labor department believes that the textile and garment industry in Honduras has been running away. Due to the internal factors of Honduras, the Department's strategy of market division will partly involve the operation.

Dispersed

To Salvatore or Nicaragua to produce or manufacture.


 
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