2000 jobs to be created by the Shrimp Company in Nicaragua

President Daniel Ortega inaugurated the Pescanova plant belonging to a Spanish company that was established in the country with an investment of $45 million.

Thursday, October 2, 2008


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The Spanish shrimp company, Pescanova, will generate $100 million per year at full capacity, and will create some 2000 jobs at the 20000 square meter plant.
The nature and size of this investment makes it one of the biggest in Latin America and should generate up to $100 million annually," Ortega emphasized in a quote on the "El pueblo presidente" portal.

More on this topic

Honduras: $10 Million Taiwanese Investments

April 2011

With $10 million worth of initial capital, a company will be set up to manufacture sports equipment.

A Taiwanese backed international sporting equipment company will begin operations in Honduras in the coming days with an initial investment of $10 million and creating 200 direct jobs, according to Romeo Silvestri, head of the Committee for Special Development Regions of the country's congress.

Group Jumex Inaugurates Plant in El Salvador

February 2009

With an investment of $20 million, the juices and nectars production company officially inaugurated its first plant outside of Mexican territory.

Daniel Choto writes in an article published in Elsalvador.com: "The business, which is built in an area of 42 square meters, initiated its work starting in December of last year and already has generated 118 jobs at the national level and 313 in the region, including Panama and the Dominican Republic to where the product itself will be exported."

$10 Million Investment in Footwear

September 2011

TechShoes, a company of Brazilian origin, will establish itself under the tax free zone in Nicaragua.

A new investment comes to the shoe making industry in Nicaragua, where foreign companies are already engaged in the production and export of footwear.

Now is the turn of Techshoes, which will invest $10 million in the first stage and expects to create around 1200 jobs over the next eighteen months in the area near the road from Tipitapa to Masaya.

Shrimp Farming Growing

May 2012

In Panama, Cocle shrimp sales rose in the first quarter, up 14% compared to the same period in 2011, reaching a value of $3 million.

Companies and authorities expect an increase of 30% of shrimp exports only in the province of Cocle.

"Already during the first quarter of this year, exports of this marine product from the Cocle province have increased and up to April nearly half a million pounds were exported, generating sales of around $3,148,000," reported Prensa.com.

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