3. Colón

“Feasible” and “Prefeasible” Projects are highlighted in yellow.

A.1. Agribusiness (Industrial Crops)

AGR101: Creation and Development of the Productive Eco District of the Sico Paulaya Valley

Amount:

US$  1,000,000

State:

Profile

Location:

municipality of Iriona (Valle of Sico Paulaya), department of Colón.

Description: The project contemplates the production of high quality cocoa, honey and associated products (such as pollen, royal jelly, shampoo, and creams), in a buffer site of two important protected areas of the Meso-American Corridor: the Plátano River Biosphere and the Tinto River Mountain Range.

The productions of small-scale producers groups, agroforestry cooperatives and farmer companies, will be directed to specific international markets focused on purchasing natural products, considering also the high added value and the image the origin protected areas might have.

Also, this will influence the rating of the degraded areas of the protected zones, foreseeing transforming these zones to graze land in agroforestry systems, and improving the micro-watersheds management in the Plátano River Biosphere and the Tinto River Mountain Range, supporting access to the carbon bonds market.

AGR104: Extraction and Commercialization of African Palm Oil

Amount:

US $ 99,828,280

State:

Profile

Location:

municipality of Arizona and Tela, department of Atlántida, Sico Paulaya and Tocoa, department Colón, Progreso and La Lima, department Cortés, San Esteban, department Olancho

Description: The project includes the installation of five (5) palm oil extraction plants; with a capacity of 15 MT per hour of fresh fruit each, with an integrated line of palm kernel oil extraction capacity of 30 MT per day. Conveniently, the plan is that the plants will be installed in the areas of higher palm oil production in the country where each plant can supply about 5,000 hectares of palm with yields of 15 MT of fresh fruit per year. Occasionally there may be a need to promote the modernization of existing areas and/or planting of new areas to ensure supply of high quality raw material.

AGR114: Production and Industrialization of Coconut Palm

Amount:

US$  5,740,372

State:

Pre-feasible

Location:

municipalities of Tela, La Ceiba, department of Atlántida, municipality of Trujillo, department of Colón.

Description: The brand "Coco To Go"  belongs to the business enterprise owned by Credit Company S. Caribbean RL.  This brand is recognized in the Atlantic Zone, Colon and the Bay Islands with its main product "Agua de Coco 100% Natural", packaged in two formats, half liter and one liter, and has been in the national market for 6 years.

 As a result of its growing demand, the company decided to diversify and venture into the Central American, the U.S. and European markets. It is intended to process the byproducts from the coconut kernel, concentrate for industrial uses, and its adaptation to facilitate the consumption of coconut water in its shell, aimed specifically at meeting the demand of national tourism, which are about 1,000,000 people per season.

 To carry out this project, the establishment of 350 hectares of coconut palm is needed, with advanced technology to assure the supply of raw materials throughout the year. Similarly, it is necessary to improve the existing installed capacity in the packaging plant through a joint venture process, acquiring machinery and state of the art technology to increase production by 40% a year, and venture into new products. Coco To Go is also trying to take advantage of this machinery to process purified water, since there is a 200 feet deep well in the facilities with a capacity of 100 gallons per minute. Thereby, the company would increase its profitability with a by-product of high consumption and demand in the area.

B.1. Renewable Energy (Expansion of Secondary Stations)

ENE108: Expansion Substations of Juticalpa 230/34.5 kW and Reguleto 230/138 kW, Construction of 307

Amount:

US $ 96,945,950

State:

Profile

Location:

municipality of Juticalpa ,department of Olancho, municipality of Amarateca, department of Francisco Morazán and Aldea of Reguleto, municipality of Sonaguera,  department of Colón

Description: The Project consists of expanding the Juticalpa and Reguleto substations in 230 kW, to receive the new line that initiates in the new Amarateca Substation and ending in the existing Reguleto Substation, as well of increasing the transformation capacity of these Substations.  This new line will allow generating output though this line.

D.1. Infrastructure (Road Concessions)

INF101: Concession of the La Ceiba - Trujillo - Puerto Castilla Road

Amount:

US $ 170,000,000

State:

Profile

Location:

departments of Atlántida and Colón

Description: Construction, Operation and Maintenance through a Concession 178 Km with a four-lane road design to facilitate heavy traffic that uses the Inter-Oceanic Corridor, which traffic increases significantly, in case of the implementation of the inter-oceanic railway that will communicate Puerto Castilla either with the Port of San Lorenzo or any port in El Salvador.

F.1. Tourism (Aerodromes)

TUR103: Trujillo Aerodrome, Construction and Concession

Amount:

US $ 10,000,000

State:

Profile

Location: municipality of Trujillo, department of Colón

Description: The project consists of the construction of an aerodrome that will make it possible to open new regional and international markets. It includes the development of infrastructure which meets the necessary conditions for the implementation of taxiing, runways, commercial and general platforms, in addition to the access paths that facilitate the arrival of tourists (internal or external). This zone has some of the most attractive virgin beaches of the Atlantic Coast, as well as natural reserves with a huge biodiversity, such as the National Park of Capiro y Calentura, together with the Biological Reserve of the Guaymoreto Lagoon. The competitive advantage of the zone and the fact that it is among the first investments in different sectors make of this project a unique investment opportunity.