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Apolo Group, a prominent Honduran developer, architecture and construction company, and Honduras Próspera Inc., announced today an agreement under which Apolo will design and build the first mixed-use high-rise building in the Roatán Próspera development. The multi-story Apolo project will consist of about 250 units that will help ease the severe shortage of housing for young Honduran professionals and families. 
 The project is expected to create approximately 300 direct jobs and almost 1,000 indirect jobs in process. Apolo Group said it would shortly announce the process for Roatán residents to apply for the construction and other jobs created by the project. 
 Gabriel Delgado, Chief Development Officer for Próspera, said Próspera is excited to team up with Apolo Group in delivering such an important and urgently needed project in the Roatán. “With the demand being generated by foreign companies hiring Hondurans through Próspera Employment Services, the problem of soaring urban living costs and the lack of reasonably priced housing alternatives is becoming more serious. Apolo’s project will meet the life-style expectations of young entrepreneurs, professionals and creative innovators, whose vision of a place to live is shaped by their modern way of life and bold aspirations for the future. It will usher in a new era of millennial living on Roatán,” Mr. Delgado said. 
The first residential tower will include one- and two-bedroom units, with highly functional and flexible interior layouts adaptable for singles, young couples and families. The project will also include retail space and restaurants, as well as indoor and outdoor lounge areas, trails for hiking and jogging, cycling tracks, yoga and meditation pavilions, and other leisure amenities.
 Erik Pitsikalis, CEO of Apolo Group, commented on the key reasons behind the company’s decision to choose Próspera ZEDE as its business partner. “The easy-to-navigate legal and regulatory framework, the streamlined approval processes, and the ease of doing business enabled by the Próspera Platform make investments and development in Próspera extremely attractive and business-friendly,” he said. 
 Mr. Delgado of Próspera said: “We are excited about the prospect of partnering with the Apolo Group, an experienced and well-respected San Pedro Sula-based company, to build this project. As the first high-rise residential tower targeting young professionals, it is a very significant first step in the development of Próspera Village, designed to become a destination of choice for a generation of aspiring young Honduran homeowners.” 
 Residences in the Apolo Group tower will be launched to the public in the next several months. Units will be available either for rent or sale, and those who choose to buy will have potential for significant return on investment through rental income or resale. 
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About Apolo Group: 
In business for more than 15 years, Apolo Group offers its clients the widest portfolio of real estate development services, including planning, architecture, project development and construction. Experienced in commercial, residential and industrial development, Apolo ensures that clients receive personalized, efficient and professional service, and it delivers projects with a long and productive investment horizon. In everything it does, Apolo is committed to safety, health and the environment. 
For more details visit <a href="http://www.apolohn.com/">www.apolohn.com</a>
About Honduras Próspera and the “Próspera Platform”: 
Honduras Próspera LLC is a US-domiciled development group that is the Organizer and Promoter of a socioeconomic development zones in Honduras, called the ‘Próspera ZEDE’. These Zones are powered by a new generation governance platform, ‘The Prospera Platform’ that applies the world’s best legal and regulatory environments for doing business to all of its projects.
The Próspera Platform delivers ‘Good Governance as a Service’ based on a seamless integration of international common law, an open regulatory framework, and professional service providers. Its framework is designed to attract significant private investment in job-creating industries and commercial sectors, while guaranteeing absolute respect for human rights and the environment, as part of its core principles.
The company’s first project ‘powered by’ the Próspera Platform is Roatán Próspera, located on the island of Roatán in Honduras. This initiative represents the first proof of concept of the platform’s application and expects to generate over 10,000 direct and indirect jobs by 2025, while contributing to the reactivation of the country’s economy. The company is committed to hiring 90% of Honduran employees with a minimum wage between 10% and 25% above the national base.

Apolo Group And Próspera Team Up To Address Local Housing Shortage With Trendy Affordable Residences

Roatán

Próspera

Architecture

Based on the Honduran criminal legal system and bolstered by the American one, Próspera arguably has the strongest system of law enforcement in Latin America. As provided in the Organic Law of the Zones for Employment and Economic Development (ZEDE) (the Organic Law), its foundation is the national criminal law of Honduras, which is fully applicable in Próspera pursuant to Article 41(3) of the Organic Law. This expressly includes the “Criminal Code and supplementary legislation criminalizing offenses and imposing penalties or permitting the extradition of nationals or foreigners, especially for crimes such as drug trafficking, money laundering, trafficking in persons, genocide, terrorism, child pornography, exploitation of minors and organized crime”.
The penal system is reinforced by the mechanisms of international judicial cooperation in matters of extradition which are grounded on article 102 of the Constitution of Honduras and in the International Treaties ratified by the Republic of Honduras with the sister republics of Central America, the United States of America, the Kingdom of Spain, and others, all of which are fully applicable in Próspera in accordance with article 8 of the Organic Law. In the same way, Próspera ZEDE enforces the Inter-American and the United Nations Convention Against Corruption, enabling to the public one of the broadest and most user-friendly access to public information portals in Honduras.
In Próspera, the Honduran population will find a safe environment to live, work and start businesses, while enjoying the protection of the local Próspera Police, tasked with enforcing the laws and which maintains a high qualification criterion that requires the highest level of integrity and professionalism. Additionally, officer pay is high to discourage corruption; the training incorporates the best international police tactics and specialized training on due process and the obligation to respect and guarantee human rights; while police equipment includes the most advanced technologies to fight crime. The Próspera Police also collaborates with municipal and national police forces, as well as with international criminal law enforcement agencies as established in their cooperation agreements and international treaties ratified by the State of Honduras.
Próspera strengthens the Honduran legal foundation by reinforcing it with the American criminal legal system in a variety of additional ways:
<ul><li>Accessing the Próspera Platform requires a comprehensive and stringent background check consisting of, among other things, a criminal check with the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury, which targets terrorists, international narcotics traffickers, etc.</li><li> </li><li>The incorporation of key legal entities of the Próspera Group in states of the United States of America and their registration with the United States Securities and Exchange Commission (SEC) subjects such legal entities, among others, to the jurisdiction and verification of the relevant American States and the SEC.</li><li> </li><li>The Próspera Group is also subject to the Foreign Corrupt Practices Act (FCPA), which prohibits firms and individuals from paying bribes to foreign officials to further their business deals, and to establish rigorous prevention and compliance programs.</li></ul>
By incorporating key aspects of the American criminal legal system beyond extradition, Próspera ensures that law enforcement in its jurisdiction incorporates the best international practices and, in accordance with the agreements and treaties ratified by the State of Honduras, leverages American law enforcement agencies, such as the Department of Justice (DOJ), the Drug Enforcement Agency (DEA) and the Federal Bureau of Investigation (FBI), to create what is certainly one of the strongest law enforcement systems in Latin America.

Criminal Law Enforcement in Próspera

Roatán, Honduras. 
A special economic zone in Honduras known as the Próspera ZEDE (Próspera) today has officially launched ePróspera, a cutting-edge digital platform through which Hondurans and the world will be empowered to access the best-in-class governmental services of this special jurisdiction on the island of Roatán. 
This important new e-Gov service is a clear example of the innovations made possible by the Honduran special economic zones working together with the Honduran government and the private sector to solve critical issues in the region. The development of ePróspera was led by Estonia’s e-Residency program leads Ott Vatter and Silver Siniavski –the Managing Director and Head of Product, respectively, for Estonia’s e-Residency program. 
This program earned Estonia the title of the most advanced digital society in the world and opened a myriad of economic opportunities for this small country. The move by the Próspera ZEDE sets the stage for equally advantageous opportunities to arrive to the Honduran country by streamlining the processes associated with opening a business and paying taxes in the region, bringing leapfrogging opportunities to the local communities. 
“The ePróspera platform will help unleash the potential of people anywhere by empowering them to pursue their highest aspirations, unencumbered by institutional barriers and instead empowered by a modern, fast, and efficient online platform for governance services. In concrete terms, this platform will make it far easier for people and businesses who have chosen to operate within Próspera’s jurisdiction to create legal entities, obtain permits, pay taxes, buy property, and create value with minimal bureaucratic friction. 
This will, in turn, make Roatán far more attractive for foreign direct investment while unleashing the potential of Honduran entrepreneurs and innovators, and enabling Roatán to leapfrog ahead of Grand Cayman within one generation”, said Erick Brimen, CEO and President of Honduras Próspera Inc, promoter and organizer of the Próspera ZEDE. In a joint statement, Mr. Ott and Mr. Silver observed: “Systems have a powerful impact to determine who succeeds or fails in a country. 
In Estonia, there was a historical lack of trust in institutions that hindered the economy. By streamlining and digitizing the delivery of governmental services, we were able to remove some of the trust barriers and create an environment where everybody could flourish.” The website www.eprospera.hn is now live, through it you can now apply for e-residency and start your own company in the Próspera ZEDE. 
Initially, those launching businesses in Honduras will be able to start their company online, secure registry services for individuals or companies renting or buying property, and access to the Próspera Arbitration Center for dispute resolution purposes. 
Eventually, ePróspera services will include everything needed to take part in the Próspera ZEDE digitally and contribute to the Honduran economy. By way of example, Estonia currently offers approximately 2,000 separate electronic services through its estonia.ee platform. Furthermore, ePróspera will be very secure as it will require all users to pass a background check to obtain a digital ePróspera identity. 
The two executives who will be building ePróspera, Ott Vatter and Silver Siniavski, continued: “For us, it was a great privilege to work with Estonian leaders in building a system of digitized government services that is truly extraordinary in its scope, reliability and ease of use. We are excited by the challenge of building an even more advanced system for the Próspera ZEDE and believe it could create a model for governments all over the world”, continued Mr. Vatter and Mr. Siniavski. 
Mr. Brimen added: “Once people and businesses are able to direct the vast majority of their energies on creating and trading value for value, everyone is better off. ePróspera will help make it easy to operate legally within Próspera’s jurisdiction, contributing significantly to the uplifting of people everywhere, and furthers our vision of catalyzing generalized prosperity in Honduras, initially, and wherever we operate.”

ePróspera, our digital platform built by Estonian e-gov experts, is now live!

Government

Three days after the end of registration for the Honduras Digital Challenge, it is appropriate to make a final call to people with a technology startup to register and opt for the possibility of receiving funding for their ideas. 
 Honduras Próspera Inc. has partnered with the Honduras Digital Challenge (HDC) program to advance its mission of connecting talented islanders with opportunities for professional and personal growth. The HDC program is holding its fifth edition this year, which has as its theme: "The Digital Transformation for the Economic Recovery of the Country". 
 This innovative project includes workshops, mentoring, conferences and networking for the participating teams, and seed capital for the finalists. Próspera joins other renowned companies in the area of ​​economic development such as the World Bank and the Inter-American Development Bank, as well as other partners to make this program possible. 
 The areas in which people can register until February 28, 2021 are: 1) Business Software, 2) Medical Technology, 3) Agrotechnology, 4) Electronic Commerce & Fintech, 5) Education, 6) Civic Technology (Digital oriented solutions to public sector problems) and 7) Green Technology (Products and services that directly or indirectly generate a benefit to the environment, reducing or eliminating the effects caused by global warming). José Luis Moncada, coordinator of the Honduras Digital Challenge, expressed being happy to have the support of a company like Honduras Prospera, committed to promoting all people who seek to reach their maximum potential. 
Próspera catalyzes economic opportunity through prosperity hubs, established on a single legal and regulatory framework, designed to stimulate economic development, employment, and prosperity in Honduras. 
 Honduras Digital Challenge is an initiative that provides the necessary tools and support for those who want to develop as professionals, especially in the area of ​​technology. Interested persons can register at www.hdc.hn until February 28, 2021.

Honduras Digital Challenge and Honduras Próspera bring growth for innovators in Roatán

Próspera, a place to grow

Jobs

In an interview with the Financial Times, Erick Brimen, CEO of Honduras Próspera, shares how his approach to leadership turned into a destinal resolve to help Honduras thrive. Brimen stresses the benefits of investing in safe-enclaves as a “fast-track” to development in the country.

Articles about Próspera

Apolo Group And Próspera Team Up To Address Local Housing Shortage With Trendy Affordable Residences

Criminal Law Enforcement in Próspera

ePróspera, our digital platform built by Estonian e-gov experts, is now live!

Honduras Digital Challenge and Honduras Próspera bring growth for innovators in Roatán

Próspera, a place to grow

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A Platform for Sustainable Growth.
Launching on Roatán

Articles about Próspera

Apolo Group And Próspera Team Up To Address Local Housing Shortage With Trendy Affordable Residences

Criminal Law Enforcement in Próspera

ePróspera, our digital platform built by Estonian e-gov experts, is now live!

Honduras Digital Challenge and Honduras Próspera bring growth for innovators in Roatán

Próspera, a place to grow

An investor’s ‘prosperity’ vision for Honduras

A Platform for Sustainable Growth. Launching on Roatán

A Platform for Sustainable Growth.
Launching on Roatán