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Altia Business Park

 

Why Honduras?


Business Case

Dynamic Work Force

Honduras offers sufficient critical mass of available English speaking and IT talent personnel. This is one of the main key drivers of contact centers and BPO companies. Honduras has more than 410 bilingual schools throughout the country; our English speaking population is around 50,000. Compared to other Latin American countries Honduras has the lowest personnel cost.


Direct Access to Key Markets

The entire country has been designated as Free Trade Zone by law.

Real Estate Modern Infrastructure

Real estate cost is also a big factor. Considering that a Class A office space would have a cost of US$26 per square meter in Costa Rica and US$30 in Panama, Altia Business Park offers world class infrastructure at a cost of US$20. This is the lowest comparing it to any other Latin American countries. (Buenos Aires is around US$35 per square meter; Mexico City is around US$40.) Guatemala and Nicaragua confront serious circulation and traffic problems, with lower bilingual populations than Honduras.

World Class Telecommunication Infrastructure

Honduras is also the only Central America country with a world-class telecommunication infrastructure, connected through three submarine cables, Energía 1, Maya 1 and Arcos, to the main internet and communication backbone in the U.S, providing 99.99% redundancy.

Strategic Location

Honduras is in the heart of the Americas. It is located only two hours by air and 48 to 72 hours by sea to the U.S, near the manufacturing centers of North America and the largest market in the world. Honduras serves as a distribution platform of Central America. It offers among the lowest logistical costs in the region. Honduras is also appealing due to its proximity to the similar time zones, cultural affinity and availability of workers.

Honduras Facts

Location

Right in the heart of Central America, with Guatemala to the West, El Salvador on the Southwest and Nicaragua to the East. Honduras is a completely tropical country, with access to the Pacific Ocean on the Southwestern part of the territory, and to the Caribbean Ocean on the North.

Capital

Tegucigalpa 14°6′N 87°13′W / 14.1, -87.217

Official Languages

Spanish

Area

Total 112,492 km² (102nd)43,278 sq mi

Population

September 2007 estimate 7,483,763² (96th)
2000 census 6,975,204
Density 64/km² (128th) 166/sq mi

GDP 2007 Estimate

Total $12,318 million
Per capita $1579.2769

GINI (2003)

53.8 (high)

HDI(2007)

0.700 (medium) (115th)

Currency

Lempira (HNL)

Time Zone

CST (UTC-6) Drives on the right

Internet TLD

.hn

Calling Code

504


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