Honduras has launched an economic transformation unit called Honduras 2020 to help attract and facilitate investment in the textiles and apparel sector in the country. Honduras 2020, which is jointly funded and directed by the public and private sector, extends an invitation to potential investors to explore the textiles and apparel industry within a pro-business environment to drive strategic long-term growth. Honduras 2020 offers fiscal incentives to investors, such as no federal or municipal taxes, government subsidies for salaries for new employee training and access to capital with financial institutions active in the sector.