
SLP464 Can Free Private Cities Make the World Dramatically Richer? with Erick Brimen CEO of Prospera
Stephan Livera Podcast
Building Economic Futures: The Power of Strategic Partnerships
Establishing a successful special economic zone requires navigating complex government processes, including drafting a charter and internal regulations while adhering to constitutional and legal requirements. The approval phase can be lengthy and involve extensive negotiations, as seen in the case of a project that took two and a half years to finalize. The driving motivation for such initiatives is the economic situation in Honduras, where a substantial number of residents emigrate each year in search of better living conditions. This migration highlights the urgent need for local economic development, which the proposed free private city aims to address by creating jobs and improving economic prospects within the country.