GK Global met with Honduras’ president-elect Nasry Asfura and US secretary of commerce Howard Lutnick, in which it underscored the importance of strengthening bilateral trade, investment, and economic cooperation.
Initiatives boosting job creation in Honduras and the broader region, and economic development across Honduras, El Salvador, and Mexico, were discussed.
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Discussions focused on identifying regional investment opportunities and public-private collaboration mechanisms aimed at creating quality, formal employment as a means to address the structural drivers of irregular migration and strengthen regional economic stability. This agenda is developed in line with the America First approach, prioritising economic growth, supply-chain resilience, and the delivery of tangible results for the United States and its partners.
GK Global reaffirmed its long-term commitment to responsible industrial development and the expansion of productive platforms across sectors, including advanced manufacturing, integrated textile operations, sustainable infrastructure, and smart-city ecosystems. In this context, the company intends to invest over half a billion dollars in Honduras, El Salvador and Mexico in the coming years.
Thanks largely to the US Administration’s support for more trade in this hemisphere, and the new incoming government in Honduras, GK Global has, over the past 30 years, invested nearly $1bn in Central America and Mexico which chair of the board Ed Gribbin told Just Style makes it the single largest investor of any American company in the textile and apparel sectors in the CAFTA-DR and USMCA regions.
Company representatives also emphasised that GK Global is one of the largest users of US-grown cotton in Central America, reinforcing US supply chains while directly supporting American agricultural producers and related industries.
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By GlobalDataBoth sides concluded by underscoring the importance of continued cooperation between the US private sector and the United States Government to promote responsible investment, job creation, and regional stability, while contributing to the reduction of irregular migration through sustainable economic opportunities in countries of origin.
This initiative provides qualifying sub-Saharan African countries with duty-free entry to the US market for over 1,800 products, in addition to more than 5,000 goods included under the Generalised System of Preferences.
