Trade and Commercial Law Assessment - Honduras - Economic ...
Trade and Commercial Law Assessment - Honduras - Economic ...
Trade and Commercial Law Assessment - Honduras - Economic ...
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T<br />
H<br />
RADE AND COMMERCIAL LAW ASSESSMENT<br />
ONDURAS<br />
DECEMBER 2004<br />
No. Type Recommendation Priority Duration<br />
6. Seaport Facilities Establish priorities to complete ongoing operations improvement projects.<br />
High Near-term<br />
Existing investments in traffic improvement projects<br />
are incomplete<br />
Funding is not available to acquire l<strong>and</strong> to complete<br />
projects<br />
Completion of these projects should be made a priority.<br />
7. Airport Facilities Evaluate options for new airport facility development serving Tegucigalpa<br />
Medium Medium-<br />
<strong>Honduras</strong>’ international airport facility located at Tegucigalpa is reaching the<br />
limits of operational capacity.<br />
term<br />
The facility will need to be rationalized against development of a new<br />
international airport facility located proximate to the population center.<br />
Technical assistance with regard to transportation economics <strong>and</strong> airport facility<br />
planning will be required going forward.<br />
8. Electricity Decentralize <strong>Honduras</strong>’ electricity implementing institution:<br />
High Near-term<br />
Existing institution (ENEE) is highly inefficient<br />
Investments in system upgrades are limited by government approval<br />
processes<br />
Technical staff attrition rates are high, negatively affecting system<br />
performance<br />
9. Electricity Reduce technical <strong>and</strong> non-technical distribution losses<br />
High Medium-<br />
Current distribution losses approach 27%<br />
term<br />
Allocation of losses must be identified <strong>and</strong> measured to identify solutions<br />
10. Electricity Reduce dependence on fossil fuel thermal power generation plants<br />
Medium Long-term<br />
The nation is highly dependent on fossil fuel thermal power generation facilities<br />
Costs of power generation are comparatively<br />
high<br />
Continue to pursue Plan Puebla y Panama <strong>and</strong> IADB initiatives<br />
11. Tele-<br />
Support decentralization of <strong>Honduras</strong>’ Telecommunications implementing institution:<br />
High Near-term<br />
communications Existing institution (HONDUTEL) is exp<strong>and</strong>ing service capacity through private<br />
sector franchise agreements – Continue to support as a first step towards opening<br />
the marketplace to competition<br />
Investments in system upgrades are limited by government approval processes<br />
Technical staff<br />
attrition rates are high, negatively affecting system performance<br />
12. Railroad Evaluate benefits associated with redevelopment of nation’s existing rail corridors Low Long-term<br />
Seek optimal length-of-haul opportunities through partnering with international<br />
neighbors<br />
Attachment 1, pg. 15