While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The employee data is based on information from people who have self-reported their past or current employments at Parkdale Mills. Juan José Daboub, President of HUGE.Zippia gives an in-depth look into the details of Parkdale Mills, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Parkdale Mills. The transformation of our region is possible, and we will achieve it. "HUGE Founders are eager to continue to build on the momentum generated thus far. Bernardo Yurrita of Banco Industrial de Guatemala and Camilo Atala of Grupo Financiero Ficohsa applauded the role of development banks and investment funds, as financial inclusivity is essential for small, medium, and microenterprises, as well as businesses owned or led by women. Under Secretary of State Jose Fernández to attendees from all four HUGE countries.įoreign investments and financing are key, which is why the World Bank, IDB, and CABEI were all present at the HUGE Annual Meeting. We support your goal to mobilize $10 billion in investment to create 2 million new jobs over the next 5 year and applaud your 10 new projects for $3.2 billion that will create over 200,000 jobs", said U.S. I have seen your positive impact, both on the U.S. As Under Secretary, I have met many HUGE member companies. "Supporting long-term development in Northern Central America requires more than just U.S. In Honduras, the innovative renewable energy project La Vegona II will generate 1,200 MW through pump-storage technology.Īltogether, HUGE has mobilized more than $3.2 billion in new investments, which will generate more than 200,000 new jobs. In Guatemala, Synergy Industrial Park and Numa Industrial Park are two free zone projects with important technical training components. In addition to the projects HUGE announced last year, three new projects were presented. "Fair incentives to encourage expansion of operations, new investments and beneficial trade is an economic multiplier," Mr. We work with governments, business partners and communities to advance nearshoring as a supply chain solution for customers that also provides value to those countries and their people," said Crowley Chairman and CEO, Tom Crowley. "Crowley has served the U.S.- Central America trade for many decades, and we are constantly investing in our people, assets and technology to provide the best end-to-end services to our customers. We at the IDB are ready to support it with financing and technical assistance to achieve this," said the new Interim President of the Inter-American Development Bank, originally from Honduras, Reina Irene Mejía, at the opening of the HUGE Annual Meeting. "Having clear and predictable rules of the game is essential to attract investment to the countries of the region. CAFTA is now driving significant new investment towards this goal, and if the rules of origin change, those investments will not come to the region. HUGE reiterated its long-held position that the CAFTA rules of origin be maintained to support the development of a vertically integrated textile industry in the Northern Triangle that is linked to the U.S. They asked the United States to accelerate the support from DFC and discussed the role of multilateral development banks and private investment funds as an important source of funding. Companies already there, including Fruit of the Loom, SanMar, Elcatex, Parkdale Mills and Crowley, are aiming to expand. this week, companies such as Houston Airport System, UPS, Hilton, Kroll, expressed their intention to explore opportunities offered by Honduras, El Salvador, and Guatemala to open new businesses. US companies are taking advantage of Northern Triangle nearshoring opportunitiesĭuring the Annual Meeting of the HUGE Business and Investment Council in Washington D.C. 14, 2022 /PRNewswire/ - American companies ready to invest in the Northern Triangle countries of Central America view fair incentives, security and skilled labor as important considerations when moving their investments from Asia or expanding those already present in the region.
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