18. Yoro

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

A.1. Agribusiness (Industrial Crops)

AGR108: Agro Industrial Processing of Corn into Flour for Human Consumption

Amount:

US$ 77,042,000

State:

Profile

Location:

Municipality of Guarizama, Manto (Reserva Tolupanes), Department Olancho, Municipality Negrito (Valle of Ayapa), Department of Yoro, Municipality Cucuyagua, Department of Copán, Municipality Sensenti, Department of Ocotepeque, and Municipality of Danlí (Valle of Jamastrán), Department of El Paraíso.

Description: Honduras white corn production for human consumption is 590,000 MT per year; however, to satisfy the demand of corn flour, it has to import 70,000 MT of corn flour, equivalent to US$ 30.0 million. In addition, there is the potential of the Central American market (40.0 million consumers of corn).

Undoubtedly, it opens the opportunity to build at least 7 agro industrial plants to process corn into flour for human consumption, with a strategic location in the convergence zones of the main corn producing zones in Honduras. Thus creating the capacity to process 252.000 metric tons of corn a year. Occasionally it shall be necessary to stimulate the modernization of the areas that are not yet modernized, to improve the quality of the grain and increase throughput, ensuring the supply of high quality raw material.

AGR112: Certified Transgenic Corn Seed Production

Amount:

US$  34,574,400

State:

Profile

Location:

Municipalities Nueva Palestina, Catacamas, Juticalpa, San Esteban, Department Olancho,  Municipality Danlí, El Paraíso, Depto. El Paraíso, Municipality Olanchito, Department of Yoro,  Municipalities of Ajuterique, Lamani, Comayagua, Department of  Comayagua and Municipality Lempira, Department of Lempira.

Description: For its part, Honduras is the only Central American country that has the legal bases for the production of GMO. Considering this potential, the project proposes the production of certified seeds for local production of GMOs and for exporting to countries currently producing them. There is potentially the opportunity to dedicate 5.000 hectare for planting corn seed, in association with medium-sized producers, to introduce technology production, or to offer a land lease system and so the investors can maintain their independence.

For this project, it is necessary to install a seed sorting and packing plant for export purposes, with a processing capacity of 20,000 MT per year.

AGR115: Production and Industrialization of Honduran Organic High Quality Cocoa for Exportation

Amount:

US$  65,552,000

State:

Profile

Location:

Municipality of Olanchito, Department of Yoro

Description: The project consists of growing 2,000 manzanas of high quality cocoa. This is a project with excellent profitability and social projection, as 50% of the total production is industrialized, adding value; while the remaining 50% is exported in gold grain and this way, it will generate currency for the country and yield and investment for 656 farmers directly and indirectly.

It is for this reason that the proposal is to grow high quality cocoa trees as an alternative of a diversification that can be adapted in the coffee production areas with agro ecological conditions that allow optimal crop adaptation.

AGR116: Production and Commercialization of Cocoa in Honduras

Amount:

US $ 1,040,000

State:

Profile

Location:

Municipality of La Masica, Department  of Atlántida, Municipality of La Lima, Department of  Cortés, Municipality of Santa Rosa of Copán, Department of Copán, Municipality of  Santa Barbará, Department of Santa Barbará, Municipality of  Catacamas, Department of Olancho, Municipality of  Olanchito, Department of Yoro and Municipality of San Antonio of Flores, Department of Francisco Morazán.

Description: The project consists of growing 150 manzanas of high quality cocoa. This is a project with excellent profitability and social projection, as 50% of the total production is industrialized, adding value; while the remaining 50% is exported in gold grain and this way, it will generate currency for the country and yield and investment for 656 farmers directly and indirectly.

AGR122: Plantain Production and Exportation in Honduras

Amount:

US$ 43,329,100

State:

Profile

Location:

Olanchito en el Department Yoro, Municipalities of Catacamas, San Esteban, Juticalpa,  San Francisco of Becerra (Valle of Lepaguare), Department of Olancho.

Description: Building on existing comparative advantages, the project proposes the installation of a processing and packaging plant with the capacity to receive 25,000 MT of fresh fruit per year, linked to a technical production system of 700 hectares of plantain that will assure the supply of raw material. There is a shortfall in the supply of plantain for local market processing as well as good for opportunities in the regional market. In 2005, El Salvador imported 55.765 MT of plantains valued at U.S. $ 7.9 million (CREE / CIAT, 2006). This volume is equivalent to a production of 1.533 hectares with an average yield of 36 MT / Ha.  U.S. imports 50% of the volume of plantains sold worldwide: 269.000 MT (U.S. $ 100 million annually).

AGR124: Citric Production, Packaging, and Processing for Exportation

Amount:

US $ 2,864,800

State:

Profile

Location:

Municipality El Negrito, Department of Yoro

Description: Frutas de Honduras is a corporation that owns a farm of 210 manzanas (142.8 hectares) located in the municipality of El Negrito, Yoro and devoted to the production, packaging and export of fresh grapefruit to Europe, Canada and the Caribbean. The farm obtained EUROGAP certification three years ago. There are now 75 hectares planted with grapefruit that provide the products for exportation, and 40 hectares equipped with pressurized irrigation system designed to diversify production with Persian Lemon that is highly demand both at the national and international levels. Jointly, there is a fresh fruit packing, that has coloration, humidification and storage rooms and which installed capacity is 50.000 kg of fruit per day.

 The purpose is to inject working capital to the operation of the farm to continue with the export operations, expand the plant's capacity to process fruit that has been discarded from exports into juices and other secondary products. Furthermore, it is necessary to introduce technology for the existing primary production and expanded to 200 hectares for diversification purposes.

A.3. Agribusiness (Irrigation Water Supply)

AGR302: Irrigation Water Supply Network, Filtered and Pressurized in the Valley of Olomán (BOT)

Amount:

US $   27,540,896

State:

Feasibility

Location:

Municipality El Negrito (Valle of Olomán), Department of Yoro

Description: To seize the opportunities offered by the FTA's and other incentives of vegetable exportation (jalapeno pepper, pineapple, banana, oriental vegetables, sweet potatoes, etc.) to United States, Europe, and the regional and local markets, it is necessary for producers to have water resources in an efficient and timely manner. The project aims to incorporate in this valley a total of 2,881 hectares of net irrigated areas, with a potential increase to 8,000 ha. In this sense, the idea is to build the necessary infrastructure for collection, filtration and distribution of pressurized irrigation through a   BOT concession system, which will allowed selling the service of water supply to the vegetable growers in these areas.

AGR303: Irrigation Water Supply Network, Filtered and Pressurized in the Valley of Sulaco (BOT)

Amount:

US $ 14,023,000

State:

Feasibility

Location:

Municipality of Sulaco, (Valle of Sulaco), Department of Yoro.

Description: The project is to develop an irrigation system in an area of ​​1.263 hectares in the Sulaco Valley at an altitude between 410 and 500 meters.  The valley has approximately 3.500 ha and extends 13.5 km to the southeast-northwest and 3.8 km from east to west at its widest part. To optimize resources, the irrigation system will consist of three separate irrigation areas bounded by the sub basins Tascalapa, Stygian Owl and Maralit, each will have its derivation-uptake, primary and secondary pipelines and own infrastructure. The investor can choose to build the necessary infrastructure, including waterworks and roads in the irrigation area, and to sell the service of water supply for irrigation, ensuring return on investment and profits through a BOT concession.

A.4. Agribusiness (Energy-oriented Crops)

AGR402: Production of biofuels with Pine Nuts Crops

Amount:

US $ 2,111,999

State:

Profile

Location:

Municipality of San Esteban, Department of Olancho, Municipality of Choluteca, Department of Choluteca and Municipality of Yoro, Department of Yoro.

Descripción: La inversión está dirigida a la instalación de plantas procesadoras de materias primas oleaginosas no agroalimentarias, para la elaboración de biocombustibles. El equipo necesario para la operación de estas pequeñas plantas tienen un costo estimado de unos US $ 600,000.00 con lo cual se puede procesar unos 187,200 galones anuales, lo que significa un producción primaria de unas 230 hectáreas de piñón (Jatropha curcas) que son perfectamente identificables en diferentes puntos de Honduras. El precio de venta del galón de biocombustible de piñón en Honduras es de US $ 3.40, lo que se traduciría en ventas de alrededor de US $ 636,480.00 anuales. El costo de inversión de una hectárea de piñón en Honduras es de alrededor de US $ 630.00 el primer año, posteriormente su mantenimiento es de US $ 342.00 anuales, para establecer una integración vertical para asegurar el flujo constante de materia prima.

B.1. Renewable (Expansion of Secondary Stations)

ENE107: Expansion Guaymas Secondary Station

Amount:

US $ 1,013,807

State:

Profile

Location:

Municipality of El Negrito, Department of Yoro

Description: It consists of expanding the Guaymas Substation by installing a 12.5 MVA, 138/34.5 kW transformer. The purpose is to supply more power, increase the coverage of electric power and promote the industrial growth in this zone. This Substation services approximately 5,500 clients and is located in the north region of the country, in the municipality of El Negrito, Department of Yoro. On the other hand, this project is contemplated in the Company's Expansion Plan, that is, it would be an anticipated investment.

C.4. Forestry (Industrial Projects)

FOR402: Prefabricated Houses Industrialization Plant

Amount:

US $ 26,109,600

State:

Profile

Location:

Municipality of Olanchito, Department Yoro

Description: This project consists in developing the forestry sector in the regions I and II, through the industrialization of the products from the forests that are under the forest management. The influence area includes the Departments of Yoro, Olancho, El Paraíso and the north of Francisco Morazán.

The proposed industrialization process, will take place in a shared production plant which will operate as an export industry of modular panels for prefab houses. The production of the Honduran forest is enough to guarantee raw material for an uninterrupted operations of this factory. The expected production is 80 houses per week (in average 130 2 of construction per house), to meet the national demand and export the surplus. The shared production plant will have a lumber recollection center, an area for the generation of energy, saw-milling areas, drying, brushing, and elaboration of moldings, sizing and cutting of panels, preserved, assembly, painting and packing. Olanchito, the potential project site has good access roads for the supply of raw material and for the exportation through the ports of La Ceiba and Castilla in the Atlantic.

D.1. Infrastructure (Road Concessions)

INF111: Concession of the Construction, Operations, and Maintenance of the Road Route 21, La Barca-P

Amount:

US$ 48,000,000

State:

Feasibility

Location:

Department of Yoro

Description: The improvement and rehabilitation of this road will improve the management of vehicular traffic as alternate route to the city of San Pedro Sula and it is a connector to the Atlantic area of ​​Honduras that intercommunicate large parts of livestock and agriculture production areas, as well as urban-tourism development.