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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


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