The Decline of San Pedro Sula
The economic capital of Honduras has become stalled in terms of development of infrastructure, and insecurity is scaring away the necessary investors.
Monday, July 23, 2012
An article in Laprensa.hn reports that "The difficulties of roads, lack of investment, unemployment, crime, lack of major infrastructure projects, the municipality's financial setbacks and environmental problems are just some of the factors have stopped development in San Pedro Sula. "
The Chamber of Tourism in Honduras said that operations in the early morning would enable new flight frequencies for both passengers and cargo.
Airport authorities in San Pedro Sula, Honduras, face spiraling costs as traffic is diverted from Tegucigalpa following a recent serious accident there.
Lack of policies for attracting investment and the climate of insecurity both legally and for citizens is scaring away local and foreign investors.
A study conducted in July by the Chamber of Commerce of Honduras shows that extortion has caused the closure 1,600 companies.
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