EstablishedCLM-0019 · checked 2026-10-23
In 2024 the Supreme Court of Honduras ruled the ZEDE framework, under which Próspera was created, unconstitutional.[1]
ContestedCharter / proprietary governance
Próspera (Roatán, Honduras)
A private charter jurisdiction on the island of Roatán created under Honduras' ZEDE regime; its legal basis has been repealed and ruled unconstitutional.
16.33° N · 86.53° W · Island of Roatán (approximate)
- Location
- Island of Roatán (approximate)
- Operating since
- 2020
- Governance
- Charter / proprietary governance
- Legal status
- Contested
- Economy
- Market
- Autonomy level
- Own regulatory regime
- Uses AI in governance
- No
Próspera was established under the 2013 law on Zones for Employment and Economic Development (ZEDEs). Honduras' Congress voted to repeal the ZEDE law in 2022, and in 2024 the Supreme Court of Honduras ruled the ZEDE framework unconstitutional. The operators have pursued international investment arbitration against Honduras.
Timeline
- 2013Honduras passes the law creating Zones for Employment and Economic Development (ZEDEs).Established
- Apr 2022Honduras' National Congress votes to repeal the ZEDE law.Established
- 2024The Supreme Court of Honduras rules the ZEDE framework unconstitutional. [S1]Established
Mechanisms in use
Outcomes & controversies
Operates in legal uncertainty after the repeal of the ZEDE law and the 2024 Supreme Court ruling.
Claims
EstablishedCLM-0307 · checked 2026-10-23
On 26 February 2025 an ICSID tribunal rejected Honduras' objection that Honduras Próspera Inc. and affiliates had not exhausted local remedies and ordered the arbitration (Case ARB/23/2, requested December 2022) to continue; it did not rule on the merits.[1]