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Honduras is looking to double technology services exports in the next two years, leveraging the country's development centers and human resources, local IT association AHTI said in a statement.
About 150 IT companies are currently in the country, providing 7,500 jobs. The software segment alone, which bills about US$13mn a year, sells 95% of its solutions in the domestic market, and "our goal is to change that around, for our companies in the sector to increase exports," said AHTI president Jorge Giarelli.
On June 10, AHTI and investment and exports program FIDE signed a cooperation agreement to foster development of the IT sector through initiatives aiming to increase competitiveness and export services.
IT companies in the country offer digitalization solutions, on-demand products and software for the agriculture, aquaculture, financial, insurance, engineering and outsourcing industries.
"The goal is to double exports in two years. Costa Rica has progressed with the support of big companies like Intel, but it's a market close to saturation point, so big buyers are starting to look to the rest of the countries in the region," Giarelli was quoted as saying by TyN Magazine.
Honduran companies are already exporting IT services to other Central American markets, as well as the US, Bolivia, Brazil, Chile and Spain.