Online Course: Doing Business in Honduras

EENI Business School & HA University


Syllabus of the eLearning Course (Subject): Doing Business in Honduras - Tegucigalpa.

  1. Introduction to the Republic of Honduras (Central America)
  2. Honduran Economy
  3. International Trade of Honduras
  4. Foreign Direct Investment (FDI) in Honduras
  5. Doing Business in Tegucigalpa and San Pedro de Sula
  6. Case Study: Business Opportunities in Honduras
    1. Manufacturing
    2. Textile
    3. Agribusiness
    4. Services
  7. Access to the Honduran Market
  8. Business Plan for Honduras

The objectives of the Online Course / Subject “Foreign Trade and Doing Business in the Republic of Honduras” are the following:

  1. To analyse the Honduran economy and foreign trade
  2. To evaluate business opportunities in the Republic of Honduras
  3. To explore Honduran trade relations with the student's country
  4. To know Honduran Free Trade Agreements
  5. To develop a business plan for the Honduran Market
The eLearning Course (Subject) “Doing Business in Honduras” is part of the following Online Higher Education Programs (Bachelors, Master of Science, Doctorates) taught by EENI Business School & HA University:
  1. Bachelor of Science in International Trade (eLearning)
  2. Masters of Science (MSc): International Business, Foreign Trade, America, Pacific
  3. Doctorate in Business in America
  4. Course: Central America (eLearning)

Course learning materials in Online Higher Education in English or Study Master Doctorate Business in Spanish Honduras Study, Master in International Business in French Honduras

  1. Credits of the Online Course / Subject “Foreign Trade and Doing Business in Honduras”: 1 ECTS Credits
  2. Duration: one week

Online Student (Master International Business)

Sample of the e-learning Course / Subject - Doing Business in Honduras
Tegucigalpa Business

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Description of the Course / Subject (Online Learning): Foreign Trade and business in Honduras.

The Republic of Honduras.

  1. Since 1980 Honduras is governed by a democratic system with steady institutions, a transparent legal system, and political and social stability .
  2. Honduras is situated in the heart of the American continent. Only two hours by air and 48 to 72 hours by sea to the United States
  3. Honduras has a population of 8.7 million people
  4. Capital: Tegucigalpa
  5. Area: 112,492 square kilometres
  6. Honduras shares borders with Guatemala, El Salvador, and Nicaragua
  7. Main language: Spanish
  8. Main religion in Honduras: Christianity - Catholicism (7 million) and Protestantism (1 million)
  9. Honduras belongs to the Latin American area of the Western Civilisation
  10. Honduras gained independence from Spain in 1821
  11. Abolition of Slavery in Honduras: 1824
  12. African Diaspora in Honduras: 0.1 million people (2% of the Honduran population)

The Honduran Economy.

  1. The Republic of Honduras is an interesting place to do business in Central America
  2. Honduras is near the production centres of North America and the largests markets in the World
  3. In the last years, 300 companies have established their operations in the Republic of Honduras (America) under “maquila” - (manufacturing and light assembly) in sectors such as textile and apparel, agro-industry, automotive components, electronics, and furniture production,
  4. Honduras is the hub of the Central American garment industry
  5. Honduras serves as a distribution platform to the regional markets of Central America, among the lowest logistical costs in the region
  6. Main Honduran economic activities are the financial services, communications, manufacturing, trade, agriculture, livestock, forestry, and fisheries
  7. Agribusiness represents 40% of the GDP of Honduras
  8. Honduran Currency: Lempira

Emerging Sectors in Honduras:

  1. Traditional sectors (agriculture, textiles, tourism)
  2. Value-added industries (agribusiness, sustainable tourism, light manufacturing, and business services)
  3. A flexible manufacturing sector, capable of exporting in varying scales, supported by a favourable tax and customs code
  4. A growing service sector
  5. A tourism sector that attracts international travellers
  6. A forestry industry that supplies a broad variety of non-traditional wood species 32 million hectares (80 million acres) at highly competitive prices, with different climates and a large potential for low irrigation agriculture

Honduran Economy (Online Course)

The main business opportunities in Honduras:

  1. Traditional sectors: agriculture, textiles, and tourism
  2. Value-added industries: agribusiness, sustainable tourism, light manufacturing, and business services

The Foreign Trade of Honduras.

  1. The exports of the Republic of Honduras are led by the activities related to the maquilas
  2. Total Honduran exports grew by 7.2%.
  3. Honduras is the third largest exporter of apparel to the US market
  4. Main markets of the Honduran exports are the United States, European Union, El Salvador, Guatemala, and Mexico
  5. The largest importers of Honduras are the United States, Guatemala, El Salvador, European Union, and Costa Rica
  6. Puerto Cortés is the only deep-water port in Central America; is engaged (busiest) among the Honduran and the Central American ports
  7. The construction of the Inter-oceanic Highway will allow the communication by road between the Atlantic and the Pacific oceans
  8. The laws that protect and to promote the foreign direct investment provide to the export-oriented companies fiscal and legal incentives highly favourable to the investment
  9. Any part of Honduras can be an Industrial Processing Zone/Free Zone where companies are exempt from all taxes

FIDE Investment and exports is a Honduran private non-profit organisation that works in partnership with the Government and other private agencies to improve the business climate in Honduras and to promote the foreign direct investment (FDI).

United States-Central America Free Trade Agreement (Course)

Honduras' Free Trade Agreements (FTA) and Market Access

  1. Central American Integration System (SICA)
  2. Central American Common Market - Integrated with the SICA -
  3. The Honduran products and services has direct access to many international markets thanks to the Trade Agreements with the United States, Canada, Colombia, Panama, Central America, the Dominican Republic, Mexico, Japan, European Union, Taiwan, Chile, or Australia
  4. Association of Caribbean States (ACS)
  5. Mesoamerica Project

Course: Doing Business in Honduras

Samples - Business in Honduras

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Colombia-Northern Triangle Free Trade Agreement (Course)

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Canada-Honduras Free Trade Agreement (Course)

Chile-Central America Free Trade Agreement (Course)

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Mexico-El Salvador Guatemala Honduras Free Trade Agreement (Course)

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