Apparel Summit of the Americas will be held in Honduras from November 27 to 29, 2018. The who’s who of US activewear brands will assemble at the event. Honduras is attracting millions of foreign investments, creating thousands of new jobs, improving infrastructure and ports, enhancing education, building safe, affordable housing, generating stable renewable energy and above all else increasing the capacity for apparel production in the Americas.
Honduras is aiming at becoming a textile export leader in the Americas. The country is aiming to be the new destination for textile and apparel investment. It is providing a solid platform of facilities and benefits articulated with the purpose of promoting foreign investment and ventures with outstanding conditions that are strengthened every day.
The existing textile and apparel industry infrastructure in Honduras has outstanding conditions for investment and expansion opportunities. There are 18 industrial parks that together have a construction area of more than 1.8 million square meters, and advantages like availability of airports, ports, highways, telephones, water and electrical supply, customs paperwork, low working costs, machinery and logistics.
The textile and apparel industry has the capacity of biomass production as well as wastewater management technologies allowing high productivity in a sustainable manner. The current investment in the country’s fabric and clothing manufacturing is estimated to be around 7.8 billion dollars.