Nicaragua's Chinandega gears up with five-star hotel

The Nicaraguan department of Chinandega, west of Managua, will have its first five-star hotel by the end of next year.

Monday, May 19, 2008

Netherlands-based Guido Emile Vioen, which owns and manages the project – now under construction – says the hotel will be known as the San Francisco.
The US$8 million project includes 100 rooms, shops, a beauty parlor, gym and parking for 200 vehicles.

More on this topic

Investors Show Interest in Nicaraguan Tourism

March 2009

During the II Central American Conference of Tourism and Hospitality Investments, Radisson Hotels showed interest in the country.

According to Elnuevodiario.com.ni, the Vice President of Development of the Radisson hotel chain, Edgar Garin, said: "We are looking at the region because we have seen several opportunities in Central America.

Nicaragua: Textile factory opens with American investment

April 2008

Nicaraguan President Daniel Ortega took part today in the official opening of the Codeni textile plant. It was built with 100 million dollars of American capital in the municipality of Sandino City, 10 miles west of Managua.

The clothing manufacturing plant, which covers 57,000 square meters, will make jeans and related products. So far it has created 850 jobs.

Nicaragua: Investors interested in western tourism

April 2008

The hospitality, security and the range of tourist attractions in the west of the country has piqued the interest of more than 20 investors from Europe, the United States and Central America who participated in the Tourism Forum called "Invest in Nicaragua: Explore New Horizons!"

The event, sponsored by Nicaragua's Official Agency of Investment Promotion, ProNicaragua, and the Cuenta Reto del Milenio, aims to highlight the potential of tourism of León and Chinadega. The goal is not only to develop new tourism projects but also to create strategic alliances with projects that are already in place.

Investors plan US$1.5 billion 'city on sea' in Panama

May 2008

International investors plan to build a US$1.5 billion "city on the sea" in the Panamanian province of Veracruz.

The project, to be known as Panamarina Pacific, includes 231 buildings and 2,000 moorings. The buildings will be erected on a platform over the sea.
The consortium proposing the project includes includes investors from France, Spain and Argentina and is headed by the Argentine magnate Calos LLamas.

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