6. Cortés

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

A.1. Agribusiness (Industrial Crops)

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.

AGR107: Red Bean Agro Industrial Processing

Amount:

US$  34,740,000

State:

Profile

Location:

Municipality of Talanga, Department of Francisco Morazán, Municipality of San Pedro Sula, Department of Cortés (Valle of Sula)

Description: The project aims to install at least 2 red beans agro-processing plants for human consumption, located in the areas of convergence of the zones of greater production of beans in the country, taking the opportunity to process 55.000 metric tons of beans per year.

 Honduras has a red bean production for human consumption of 91.000 MT per year. However, to meet the demand of 8 million inhabitants, it is necessary to import 13.700 MT. There is also the potential to supply red beans to the rest of Central America (40.0 million consumers of beans). Even more important is that it is possible to have a nostalgic product market in the United States of 6 million Hondurans that live in that country.

AGR109: Agro Industrial Processing of Corn into Flour for Human Consumption

Amount:

US$  33,740,000

State:

Profile

Location:

Municipality of Talanga, Department of Francisco Morazán and Municipality of Villa Nueva (Valle of Sula), Department of Cortés.

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 2 agro industrial plants to process corn for human consumption, with a strategic location in the convergence zones of the main corn producing zones in Honduras, creating the capacity to process 72,000 MT of corn every year.

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.

AGR117: Production and Industrialization to Export Pineapple from Honduras

Amount:

US $  12,000,000

State:

Feasibility

Location:

Municipality of Santa Cruz of Yojoa, Department of Cortés

Description: The project consists of growing 200 manzanas of pineapple, in quality zones of Santa Cruz de Yojoa and Comayagua. This is a project with excellent profitability, since 50% of the total production is industrialized, adding value; and the remaining 50% will be exported as fresh fruit, taking advantage of the comparative advantages Honduras has to supply the United States, which consumes more than 300.000 TM pineapples per year. A processing and packaging plant shall be installed capable of processing 10 containers of 20 MT per week.

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

ENE101: Expansion of the Caracol Knits Secondary Station

Amount:

US $ 1,210,000

State:

Profile

Location:

Municipality of Potrerillos, Department of Cortés

Description: The Project consists of the expansion of the Caracol Knits Substation, replacing the existing 25 MVA transformer by a 50 MVA one and its associated circuits. This Substation is located in the Municipality of Potrerillos, Department of Cortés, and it was initially built with the idea of meeting the power demand derived from the production of the Caracol Knits industrial park. Thus, foreseeing the increase in the energy demand as a result of the industrial growth of this zone, it is necessary to augment the transformation capacity of the Substation. It is important to mention that this Substation also services the communities of Santa Cruz, La Barca, and Yojoa, through circuit L389 and part of Villanueva with circuit L390r.

B.2. Renewable Energy (Construction of Secondary Stations)

ENE203: Construction Calpules Stage I Secondary Station

Amount:

US $ 5,084,950

State:

Profile

Location:

Municipality of San Pedro Sula, Department of Cortés

Description: Construction of the Calpules Substation of 138/13.8 kW. It includes installing an initial transformer of 100 MVA, 138/13.8 kW. This project responds to a strategy and Long Term Expansion Plan of the ENEE, and therefore, is part of the energy policy of the State of Honduras.

ENE204: Construction Calpules Stage II Secondary Station

Amount:

US $ 3,520,350

State:

Profile

Location:

Municipality of San Pedro Sula, Department of Cortés

Description: This is the second stage of the Calpules Substation Construction Project, 138/13.8 kW. It includes the installation of a new de 100 MVA, 138/34.5 kW transformer. This project responds to a strategy and Long Term Expansion Plan of the ENEE, and therefore, is part of the energy policy of the State of Honduras.

ENE205: Construction of the El Ocotillo Secondary Station

Amount:

US $ 3,502,675

State:

Profile

Location:

Municipality of San Pedro Sula, Department of Cortés

Description: The project is to build a new Substation of 138 kW in El Ocotillo. Includes the installation of a 50 MVA, 138/34.5 kW transformer, as well as the construction of the 138 and  34.5 kW bays. At present the city of San Pedro Sula is feed by 4 Substations: Bermejo, Circunvalación, La Puerta and Bella vista.  This industrial region imports energy, which is transferred through transmission lines in 230 kW. Today all the energy imported to San Pedro Sula is injected to the four Substations above mentioned, and the new Substation of El Ocotillo will be incorporated to the power flow of the entire north zone.

ENE206: Construction of the San Pedro Sula South Secondary Station

Amount:

US $ 23,129,231

State:

Profile

Location:

Municipality of San Pedro Sula, Department of Cortés

Description: The project consists in building a new substation with tensions of 230kV/138kV/34.5kV, and which includes the installation of a 150 MVA transformer, with a tertiary of 50 MVA. It also includes the construction of a 51 Km transmission line at a tension level of 230 kW and its associated circuits, between the existing Substations in San Buenaventura to the city of San Pedro Sula, in the Department of Cortés.

This project will be developed as a concession under the Public-Private Partnership Model.

C.2. Forestry (Forest Plantations)

FOR206: Tectona Grandis Forest Plantation for Commercial Purposes in the Metropolitan Zone of the Su

Amount:

US $ 59,313,993

State:

Profile

Location:

Department of Cortés

Description: This project consists in the establishment of the commercial plantations of Teak wood (Tectona grandis) in 21,200 hectares in private properties in nine municipalities of the Department of Cortés, located in the sub region of the Metropolitan Zone of the Sula Valley. The sites proposed are mainly flat land, of easy access to the road from Tegucigalpa to San Pedro Sula.  The specie to be planted (Tectona Grandis) has a high economic value and with a good adaptability to the climate conditions of the north zone, achieving a minimum economic rotation age of 16 years and an annual growth of 6 to 8 cubic meters per hectare. The nearby settlements provide labor specialized in reforestation tasks, which will facilitate the establishment, rational use and commercialization of the products from the plantation.  The modality to establish this plantation will be co-investment, in which the owner makes the land available and the investor the capital, equipment, and machinery for the investment. The final lumber production will be exported through Puerto Cortés at approximately 35 Km. from the site of the plantation.  Other benefits for the foreign investor are the sales of carbon certificates produced by the plantations.

C.4. Forestry (Industrial Projects)

FOR403: Agglomerated Board Industry, San Pedro Sula, Cortes

Amount:

US $ 28,727,905

State:

Profile

Location:

Municipality of San Pedro Sula, Department of Cortés

Description: The project consists of establishing an industry to produce pine agglomerated boards. The raw material will come from the pine forests of the departments of Yoro and Santa Bárbara, considering that these regions have a low management area of 43,108 hectares and an authorized annual logging of 65,810 m3. The installed capacity of this industry will be 120 m 3per day.

D.1. Infrastructure (Road Concessions)

INF106: Concession of the Construction, Operations and Maintenance of the Logistics Corridor of Hond

Amount:

US $ 284,446,381

State:

Feasibility/Profile

Location:

Departments of Valle, La Paz, Comayagua and Cortés

Description: Construction, operation, improvement, and maintenance of the Logistic Route of Honduras, through a concession: a) Concession of the Inter-Oceanic Road CA1 - Goascorán - Villa de San Antonio (51 km long; Cost: US$ 152 Million). Currently the section from the Villa de San Antonio to the site called El Quebrachal is under construction; however, its concession would allow building the access roads. In the section to be built, from El Quebrachal to Goascorán, it is still necessary to finish the construction of the 4 lanes in the entire dry channel; b) Concession of the North Highway (CA-5) Section La Barca-Potrerillos-Pimienta (19.9 km long ; Cost: US$ 53.37 Million): current state, being rehabilitated and construction of the interchange/IDB. It requires additional extension to 4 lanes; and c) Interchange of Villanueva (CA-5) - San Pedro Sula - Choloma (48 Km Long; Cost: US$ 91 Million). The section has 2 lanes, however it is necessary to expand it to 4 lanes; it already has a Technical - Economic/IDB feasibility study.

The three prior projects make up the "Logistic Corridor". Goascorán - Puerto Cortés" in charge of the ICF for its concession through a Public-Private Partnership (PPP), with an average daily traffic of 12,000 vehicles.

INF102: Concession of the Construction, Operations and Maintenance of the CA-13 Highway Touristic Co

Amount:

US $ 168,000,000

State:

Feasibility/Profile

Location:

Departments of Cortés and Atlántida

Description: Construction of a 4 lane road (68.1 Km.), at a cost of US$ 68 million, for the section El Progreso-Tela, for its operation and maintenance through a concession according to the laws of Honduras; the section’s average daily traffic (ADT) of 8,000 vehicles and a feasibility study is being conducted for the concession, which will be finalized in April this year.  The section Tela-La Ceiba is at the profile level, and an approximate cost of US$ 100 million has been estimated for the expansion of the road to 4 lanes. The two sections were maintained as from 2007 under the first project at the national level of the Conservation according to Standards of the CA13 Highway, section El Progreso-Tela-La Ceiba, which length is 159 km.

INF109: Concession of the Construction, Operations, and Maintenance, CA-4, CA-11 Road: San Pedro Sul

Amount:

US $ 246,000,000

State:

Profile

Location:

Departments of Cortés and Copán

Description: The road San Pedro Sula - La Entrada - Copán Ruinas, is a main road consisting of two routes: the CA-4 and the CA-11, it originates in Chamelecón (SPS) runs through the northwest part of the country in the departments of Cortés, Santa Bárbara, Copán in the village of La Entrada Road and joins the CA-11 until you reach the town of Copán Ruinas, located in western Honduras just 14 kilometers from the border with Guatemala (El Florido Customs).  For many years Copán has been famous for its magnificent Maya Ruins, named a UNESCO World Archaeological Heritage Site in 1980, Copán Ruinas is considered today one of the most distinguished cultural monuments in the world.

The current project conditions present lack of cleanliness in the strip of right of way, ditches and culverts, damage in a lesser extent in specific failures that are to be covered with World Bank funds, damage in the pavement rolling surface mainly of functional type, such as potholes, cracking (longitudinal and transverse cracks), corrugation and settlements in the carpet, this damage is mainly attributed to the age of the pavement, which already served its useful life.

D.1. Infrastructure (Development of Puerto Cortés)

INF201: Construction Works of the Containers and Solid Bulk Terminals in Puerto Cortes

Amount:

US $ 304,236,000

State:

Feasibility

Location:

Municipality of Puerto Cortés, Department of Cortés

Description: The Project of the Containers Terminal is the construction of two moorings of 485 linear meters long, allowing to service two ships standard type simultaneously. Developing 23 hectares for container pile up and the construction of five building modules; and, filling to claim 22 additional hectares that would be available for the following two stages of this Dock. The Project of the Terminal of Organic Solid Bulks, consists in building a penetration dock supported by steers approximately 600 linear meters long, the mobilization of the bulk will be conducted through conveyor belts.

INF202: Dry Port and Railway Service for the Transportation of Containers Potrerillos-Puerto Cortes

Amount:

US $ 13,000,000

State:

Profile

Location:

Municipality of Potrerillos, Department of Cortés

Description: This project consists of the construction of a terminal or dry port, in the municipality of Potrerillos with all the services provided by customs; and, the rehabilitation or construction of a railway between Potrerillos and Puerto Cortés. The containers that transport the load that move through the dry canal would be transported by train from Potrerillos to Puerto Cortés, and vice versa. This would substantially reduce heavy traffic, which currently crosses the city of San Pedro Sula and its surrounding areas, and traffic congestion in Puerto Cortés; and it would improve competitiveness of the Maquila industry and of the Country.

D.6. Infrastructure (Municipality of San Pedro Sula)

INF601: Expansion of the North Boulevard

Amount:

US$ 15,191,600

State:

Profile

Location:

Municipality of San Pedro Sula, Department of Cortés

Description: Section from the toll booths to the bridge over the Bermejo River. Northern Boulevard is one of the major roads of the city, where traffic converges from different parts of the country. It currently has three lanes in each direction, with a width of right of way of 30.00 ml.

This project involves the construction of an additional lane in an approximate length of 5.000 m, using the area of ​​the median and right of way, which has been reserved for this purpose. Also extensions on the bridges over Río Blanco will be built.

INF602: Expansion of Lanes in the South Boulevard

Amount:

US$ 10,121,340

State:

Profile

Location:

Municipality of San Pedro Sula, Departments of Cortés

Description: South Boulevard from Río Chamelecón up to the 33 South Street intersection. The growth of vehicular traffic generated by the passage of the logistics corridor through San Pedro Sula, demands an increase in the lanes of the South Boulevard, using the median area and the right of way.

This project involves the construction of an additional lane in each direction, that is an approximate length of 5,500.00 m.

INF603: Expansion of Lanes in East Boulevard

Amount:

US$ 9,629,474

State:

Feasibility

Location:

Municipality of San Pedro Sula, Departments of Cortés

Description: The East Boulevard      from the toll booths to the intersection with the second ring road. The access to the city of San Pedro Sula from the Ramon Villeda Morales International Airport and from the productive areas of Yoro and Atlántida is through the East Boulevard, and with the increasing number of vehicles that use this boulevard, it is necessary to expand its capacity, using the right road and the median that was reserved for this purpose.

This project involves the construction of an additional lane in each direction, which is an approximate length of 6,900.00m.

INF604: Construction of the Interchange in the Second Ring Road SPS

Amount:

US $ 5,378,950

State:

PreFeasibility

Location:

Municipality of San Pedro Sula, Departments of Cortés

Description: Road interchange at the intersection of the second ring road to the North Boulevard.

 The construction of the interchange at the intersection of the North Boulevard and the second ring road will contribute significantly to solving the traffic congestion problem that currently occurs at this point. Considering that this is the conversion point at the intersection of the traffic going to the port facilities of Cortés, or vice versa, and that the traffic volume will considerably increase with the implementation of the logistics corridor, it becomes urgent to build this road solution that will distribute and channel the volume of vehicular traffic to the converging roads.

INF605: Toll Booth Computer System

Amount:

US $ 2,000,000

State:

PreFeasibility

Location:

Municipality of San Pedro Sula, Departments of Cortés

Description: Control system in toll booths on the boulevards of San Pedro Sula.

San Pedro Sula has three points with toll booths to collect the contributions for improvements, which allows the city to recover the investment that the municipality makes in road works.

The implementation of an automated system for payment in the toll booths, endowing the investor and the municipality of San Pedro Sula, adequate control of revenues from this sector, and ensuring that the investment in road projects will be recovered according to the schedule.

There are currently 15 toll booths spread over the three output and access boulevards to the city.

INF606: San Pedro Sula Mega Market

Amount:

US $ 12,648,800

State:

PreFeasibility

Location:

Municipality of San Pedro Sula, Departments of Cortés

Description: Zonal mega market in the southern sector of the city.

In the city of San Pedro Sula there are about 3500 street vendors stationed in the streets and avenues of the city. Aimed at organizing and establish the proper use of roads, the municipality of San Pedro Sula has taken steps to move street vendors into a market that will assure a safe place to buy or sell the products.

The construction of this market will provide each vendor with a place to set up a stall.

The municipality of San Pedro Sula currently owns a property with an area of ​​7.00 hectares.

D.7. Infrastructure (Housing)

INF702: Replacement of Housing in Tegucigalpa and San Pedro Sula

Amount:

US$ 36,000,000

State:

Profile

Location:

Municipality of San Pedro Sula, Departments of Cortés

Description: Involves replacing houses in the neighborhoods of the cities of Tegucigalpa (13) and San Pedro Sula (13), to improve the quality of life for its residents in poverty.

This project will benefit approximately 6,000 families that are integrated to the Urban Development Plan of the Capital City.

E.1. Textile, Transformation and Business Services (Business Services

MAQ101: Altia Business Park

Amount:

US $  750,000

State:

Profile

Location:

Municipality of San Pedro Sula, Department of Cortés

Description: The project exemplifies the installation of a telecommunications services industrial park, turnkey (including furniture and equipment), with an operation of 200 positions in Altia Busines Park, for either  Call Centers,  Business Process Outsourcing  (BPO) or Information Technology Outsourcing  (ITO).

Altia Business Park is the first technology park in Honduras designed to host major companies in the telecommunications services industry worldwide, as  call centers , BPO's and ITO's, in addition to corporate offices recognized national and international firms. It is designed to be certified under the LEED seal (Leadership in Energy and Environmental Design) Given by The U.S. Green Building Council. It also has access via 4 fiber-optic submarine cables to the NAP of the Americas and facilities equipped with intelligent safety systems and Avant-garde technology.

F.3. Tourism (Ferry, Dock, and Sports Marina)

TUR303: Sports Marine in Lake Yojoa, with a Tourism Facilities Center

Amount:

US $ 4, 500,000

State:

Profile

Location: Municipality of Santa Cruz of Yojoa, Department of Cortés

Description: This project consists of the construction and operation of a sports marine with the capacity to dock 20 ships in 300 linear meters of dock, parking for 30 automobiles, surveillance booth, breakwaters or dry dock and other complementary works. The project will also develop a Tourism Facilities Center that includes: A mall, social and recreation areas, food and beverage establishments, pools, and a discotheque among others. The Lake Yojoa basin has been declared RAMSAR site 1467, and it has a broad biodiversity and natural richness. In its surroundings there are: a) the national parks: The Santa Bárbara Mountain and Cerro Azul Meambar are sites with well-preserved ecosystems and where a number of activities can be conducted, such as hiking, bird watching, nature watching; and Los Naranjos which is the third archeological park of the country, and is located in the banks of Lake Yojoa.

F.4. Tourism (Cable Car and Street Car)

TUR402: Mountain Cable Car Railway of El Merendón, San Pedro Sula

Amount:

US $ 1,300,000

State:

Profile

Location: Municipality of San Pedro Sula, Department of  Cortés

Description: The project consists of the construction of a cable car going from the city of San Pedro Sula to the highest zone of the Merendón Mountain The development of this initiative will allow appreciating the landscape of the zone, as well as enjoying other activities such as guided tours, bird watching, hiking and other activities. The Merendón Mountain is the main water producing zone of the Municipality of San Pedro Sula, and its flora and fauna is very rich and diverse.

TUR404: Streetcar in San Pedro Sula

Amount:

US $ 15,300,000

State:

Profile

Location: Municipality of San Pedro Sula, Department of  Cortés

Description: The project consists in building 25 linear Km, of railway, to cover the four cardinal points of this city. The route will have four terminal stations, with all the necessary areas for the operations, maintenance and administration of the system (ticket counter, storage and administration areas). The streetcar is an interesting alternative for the users and an innovation in the area of public transportation. It will also become a transportation option for tourists, which will allow them being able to appreciate the city in a safe manner. The city of San Pedro Sula, founded in 1536, is the second largest city in the country, and is also known as the Industrial Capital of Honduras, and the region of industrial activities with the highest economic growth. In addition, this city has attractive tourist sites and the necessary services to carry out national and international events and conventions, with very modern infrastructure.