The Future of ZEDEs in Honduras | Nicholas Dranias & Humberto Macias

Published: June 1, 2022, 7:34 p.m.

In April 2022, the Honduran Congress repealed the law that created the Zones of Economic Development and Employment (ZEDEs). The measure has raised doubts about the state of the ongoing ZEDEs and future investments in the country.\n\nIn this podcast episode, Nicholas C. Dranias\u2014the general counsel at Honduras Pr\xf3spera Inc.\u2014and Humberto N. Macias\u2014the deputy general counsel at Honduras Pr\xf3spera Inc. and the chief executive officer of the Pr\xf3spera Arbitration Center LLC\u2014provide us with their insights. International agreements and investment security contracts guarantee that Pr\xf3spera, the first Honduran ZEDE launched in 2020, will operate for 50 more years.\n\nThe development platform has attracted over $80 million in investment in two years. Pr\xf3spera has become an attractive capital destination for foreigners and Hondurans. In light of recent events, more Honduran businessmen and investors see Prospera as a fiscal shelter.\n\nFor Dranias and Macias, policies of the newly elected administration lean ideological and will become more balanced as officials realize how ZEDEs are contributing to the Honduran economy. Dranias and Macias expect to find mutually beneficial solutions with the government to promote economic growth for Hondurans.\n\nShow notes: https://impunityobserver.com/2022/06/01/the-future-of-zedes-in-honduras/