10232017Headline:
5 Green Reasons Costa Rica Is the Poster Child of the Environment 4 years ago
Have You Tried Guanacaste’s Fastest Growing Sport? 4 years ago
Was Your Costa Rican Bank Account Closed? 4 years ago
Latin America Investment News on Viva Tropical

Nicaragua’s Hopes to Attract $1 Billion for Investment in Energy, Telecommunications, Tourism, and Agriculture.

Article Summary:

Nicaragua hopes to capture this year at least U.S. $ 1.000 billion in direct foreign investment, 17.6% more than it received in 2011, when it attracted $ 850 million. Alvaro Baltodano retired general, told reporters they hope to attract investments in the energy, telecommunications, foreign trade zones, tourism and agriculture, mainly

Photo Credit: Revista Summa

Original Article Text From Revista Summa via Google Translate :

Expected Nicaragua to Attract Investment of U.S. $ 1,000 million in 2012

The presidential delegate Investment Promotion Agency of Nicaragua (ProNicaragua), Alvaro Baltodano retired general, told reporters they hope to attract investments in the energy, telecommunications, foreign trade zones, tourism and agriculture, mainly.

However, the Central Bank of Nicaragua’s foreign investment projects a $ 800 million this year, up from U.S. $ 740.8 million in 2011, which differs from the projections and thus captured in investments last year, according ProNicaragua.

Baltodano, who is also executive director of the State Free Zone Corporation, explained the difference in those numbers, only that there is “investor confidence in the sector” policies promoted by the Sandinista government.

Among the investments to be implemented this year, according ProNicaragua are hydroelectric generation project Tumarín (Southern Caribbean), which cost about U.S. $ 1,100 million over four years.

Pro-Nicaragua The agency also hopes to revive the investment in tourism and agriculture, mainly in coffee roasting activities, ornamental plants, oil palm and forest plantations.

Pro-Nicaragua is the investment promotion agency of public-private partnership dedicated to attracting foreign direct investment and supporting businesses seeking investment opportunities in the country.

Link to Original Article:

From Revista Summa

Latin America Investment News on Viva Tropical