Several sectors of Honduras society are worried due to the financial aid offered by the government of Popular Republic of China (continental China) for the construction of Hydroelectric Dam: “Patuca III”, located in Honduras nor-western area. The countries do not hold diplomatic relationship. By the other side, it was said that the support was offered by the Republic of China (Taiwan) considered as a friend of Honduras. It is understood that Honduras needs to carry out this Project; however, apprehension is perceived among Honduras citizens. Most of them are not compatible Continental China political ideology.
Hondurans think that it is even weirder that this contract was signed up during an Administration conducted by the National Party, the most conservative party of Honduras. It is even more surprising the recent report transmitted by TN5, a local TV news program. The news reported declares since Beijing Bank has not given the offered amount, the Honduras State will look for other financer to execute Patuca III. Due to this action the construction has been stopped since 2013.
To Honduras people, Patuca III do not justify accepting an economical aid from a country whose political system differ from Honduras’. Informers judge that Taiwan has always been in disaster produced by either nature or man phenomena, as well as during periods of political instability. According to them, harmony with long time friend countries is more important than building a dam that although necessary, will not solve Honduras electricity problems: but it will affect nature reserves and international declared protected areas that surround the region where the dam will be constructed.
Besides being commercial and financial important influential, Honduras Chinese colony is large. Most of his members came from Continental China; they did not come from Formosa Island. Even though the first Chinese came running away either from Opium wars or Taiping rebellion , the ones arriving since 1930s (a larger amount than the first immigrants) escaped from communist regime imposed by Mao Tse-tung and the subsequent internals wars hold between nationalists and rebels. In other wars, they are not communist countries partisans. These immigrants are worried about Beijing desired of supporting non communist Latin-American countries, Honduras in special.
Having three terrestrial borders; ten sea borders; and excellent nature docks in Caribbean sea, as well as the Fonseca Gulf, Honduras occupies a strategic position in Central-American isthmus. There is a lack of things in terms of industrial exploitation and international market competitiveness. Common citizens wonder: What can Honduras give in return? What kind of benefit will China perceive? Even worse what kind of risk will Honduras face accepting the financial aid from Beijing? What will happen with Taiwan? Since there is no free lunch, Honduras must know the consequences of the offer, the cost and the disposition of Honduras actual Administration of paying the price.