Investors interested in building a quay at Monkey Point in Nicaragua
A group of American investors is looking at investing in construction of a 350 million dollar deep-water port on the Caribbean coast of Nicaragua at Monkey Point.
Friday, July 25, 2008
Bill Johnson, director of the Miami-Dade County Port, is visiting Nicaragua at the invitation of the state-owned National Port Company, Virgilio Silva, to explore the possibilities for such an investment.
The government has rejected Korean proposals for financing the proposed deepwater port at Monkey Point in the South Atlantic.
The Government is welcoming Korean investors in order to hold the first meetings regarding the project.
Feasibility studies for the mega project to build a port on the Caribbean coast of Nicaragua will be ready in 2 years.
The Nicaraguan inter-oceanic canal company (CINN) has expressed an interest in renewing its involvement in the ‘dry canal’ and port project.
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