Clearer Thinking with Spencer Greenberg
Creating a new city from scratch (with Erick Brimen)
Feb 5, 2025
Erick Brimen, CEO of NeWay Capital and Honduras Próspera, shares insights into the creation of new cities in Honduras as special economic zones. He discusses the potential of private company governance to enhance economic growth while exploring the delicate balance between regulation and personal freedoms. The conversation highlights how innovative legal frameworks can attract investors and improve living standards. Erick also addresses public pushback and the implications of governance on urban development, revealing a blueprint for future city planning.
01:23:07
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Quick takeaways
- The development of a new city in Honduras serves as a strategic response to global prosperity needs by establishing a special economic zone (ZEDE) that fosters competitive economic growth.
- This innovative governance model optimizes legal and regulatory frameworks, enabling tailored rules that promote efficiency, innovation, and adaptiveness for businesses operating within the zone.
Deep dives
The Vision Behind Creating a New City
A new city is being developed as a response to the global need for prosperous living spaces, starting with Honduras. By implementing a clean slate approach, this project allows for rethinking physical infrastructure and governance models, creating a unique and competitive environment for economic growth. The establishment of a special economic zone, or ZEDES, paves the way for unprecedented regulatory flexibility that encourages innovation, lower costs, and foreign investment. This strategy aims to foster a vibrant atmosphere for human progress, driving productivity and overall prosperity.
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