Home / Knowledge / News / Textiles / Honduran Maquila industry to create 7,500 new jobs in Jan
Honduran Maquila industry to create 7,500 new jobs in Jan
21
Jan '14
The manufacturing industries operating in the Free Trade Zones (FTZs) of the Central American republic of Honduras, known as Maquila, which includes textiles and clothing industries, is expected to create 7,500 new jobs this month under the newly-elected Honduran President’s initiative ‘Chamba Ahorita’ (meaning Chamba right now), reports Honduran newspaper El heraldo.
 
The Chamba Ahorita initiative taken up by newly-elect President Juan Orlando Hernandez aims to create 100,000 new jobs for young people in the country aged between 16 and 29 in the period of four years.
 
In this regard, Honduran Maquila Association (AHM) president Daniel Facusse said that during this month under the President’s initiative, the Maquila industries, especially in the Sula Valley area, would generate opportunities for 7,500 people.
 
These jobs are available in various sectors, including textiles and clothing firms, located in the Sula Valley, he added.
 
Under the Chamba Ahorita program, the Honduran Government would be financing 50 percent wages of the workers while the organization employing the workers would pay the remaining 50 percent of the wages.
 
The aim of the initiative is to revive the economy of the country through creating employment, especially in the 16 to 29 age group. The immediate goal of the Presidential initiative is to create 25,000 new jobs during the first few months of 2014, of which 70 percent of the jobs would be concentrated in the Maquila industry.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X