Welcome to Green Valley

Cutting edge technology, custom facilities, and first class service combine to create the largest and most technologically advanced industrial park in the Americas. Offshore manufacturing on a free zone is the key for competitiveness; the right sourcing decision, on a sustainable industrial development makes Green Valley Industrial Park the right choice for your international operations.

We have been able to put together an industrial cluster with textile, automotive, apparel, light assembly and other industries in the most modern industrial development in Honduras. All the companies established at Green Valley Industrial Park report highly productive and competitive operations, compared to similar operations established in China.

Green Valley Industrial Park is a state of the art, industrial real estate development focused on providing reliable and cost competitive energy supply, the right transportation and logistics to assure an efficient supply chain, the most modern physical infrastructure for lean manufacturing operations. Global competition means having world-class operations, and only Green Valley Industrial Park offers your company this opportunity.

Take a glimpse through our website and experience our unique amenities and award-winning facilities.

Green Valley Advantages

Green Valley provides complete industrial turnkey solutions including the customized development of buildings and installations as well as most other collateral services. Through our strategic partners we share years of success in Central American manufacturing and global distribution. This success is tapped to create solutions for a global marketplace and the most efficient industrial park imaginable.

Honduras Infrastructure

Green Valley Industrial Park is located in the town of Naco, just ninety minutes from Puerto Cortes, the largest maritime port in Central America. Puerto Cortes has over than five sailings daily, and is located only two days transit time from Florida. Honduras’ superior infrastructure includes the Pan-American Highway and a new connection to Puerto Barrios, Guatemala’s main maritime port reducing transit time to Guatemala.

Honduras enjoys a seasoned textile industry with more than ten large textile manufacturing facilities operating in the country. Honduras is the largest United States investment center in Central America, where 40% of the total investments in the textile industry are owned by United States companies, 30% by Honduran companies and 30% by other foreign nations.

Large United States companies have recently begun making Honduras their base of operation. Companies such as Fruit of the Loom with 11,000 employees, Lear Corp. with 8,000 employees, Gildan with 7,000 employees, and currently doubling the textile capacity to 4 million pounds a week, Russell Athletic who announced Honduras as the base of operations for all of the Americas.

The most competitive land transportation prices are found in Honduras, due to low transport insurance costs compared to other Central American Countries. Easy commuting to and from any United States city due to frequent daily flights including 4 daily flights to Miami, 2 daily flights to Houston, 3 weekly direct flights to New York, and several connections to Central America, South America, Mexico, and other parts of the world.

Honduras Labor Force

Green Valley Industrial Park is strategically located just 35 minutes from San Pedro Sula, the heart of the Sula Valley, which represents one of the largest population hubs in the country. This location provides enough of a workforce to meet the industry expectations, at the most competitive cost.

The following table shows population figures by gender and all cities located within less than 60 minutes commuting time to Green Valley Industrial Park.

Honduras Legal Benefits

As part of Honduran legal framework, all manufacturing facilities located within Green Valley Industrial Park enjoy the following benefits:

• Unrestricted currency conversion
• Duty free import of all production machinery, other equipment, fixtures, spare parts, raw materials and supplies
• Import and export shipments cleared in less than one day with minimal documentation
• 100 percent foreign ownership permitted
• No government income, sales or corporate fees or taxes
• Unrestricted repatriation of profits and capital at any time
• Low-cost skilled and unskilled labor available. Ample supply of trainable, productive labor
• A wide range of local low cost raw materials such as wood, fruits, sugar, vegetables, meats, seafood, leather, coffee, cocoa and spices are available for processing and manufacturing industries.

Many Honduran products enter the United States duty free under the U.S. Caribbean Basin Initiative and the Generalized System of Preferences (GSP). The free trade agreement between the United States of America, Central America and the Dominican Republic, or CAFTA, has recently been approved.

Free Trade Zone (FTZ)

The whole country has been designated as a Free Trade Zone (FTZ). Foreign companies exporting from Honduras can take advantage of the following special incentives, through the special Free Zone Law, established for export companies operating in Free Zones:

• No import or export duties for materials, equipment or office supplies required by the manufacturing plant
• Companies are exempt from income, city and country taxes
• 100 percent repatriation of currency is permitted
• Paperwork required to clear incoming or outgoing shipments is minimal

AvaIlability and General Layout