Nicaragua: Investors Recruit Bilingual Professionals

The country's investment promotion agency, ProNicaragua, is supporting the recruitment of employees with a high level of English for a group of foreign investors.

Wednesday, September 1, 2010

Marcela Castillo, ProNicaragua director, explained that the investors' name will be revealed at a later date but that they are planning to start work in the coming months.

To assist in the recruiting of personnel, the agency has organized the Employment Machine recruitment fair, to which bilingual professionals are invited to attend and add their resumés or CVs to a database of employees with or without experience that will be used by the investors to meet their human resource requirements.

More on this topic

Which Workers are Needed by Businesses in Costa Rica

June 2014

In the last few years, there has been a pronounced change in the Costa Rican economy with more jobs going to bilingual people who are technically skilled or have a specialized profile.

The Costa Rican economy's globalized approach, accentuated in promoting exports and attracting foreign direct investment (FDI) has diversified and expanded demand for a workforce specializing in technology, industrial engineering, electricity, electromechanics, mechatronics and in administration certifications and English language as prerequisites for added value. Companies have also changed the weight they give to applicants, now giving 60% to knowledge and 40% to skills.

Nicaragua Receives $900 million in FDI in 2011

December 2011

The projected figure of Foreign Direct Investment (FDI) this year, is 80% more than the figure for 2010.

Javier Chamorro, Executive Director of the State Agency for Investment Promotion Nicaragua (ProNicaragua) told the media that the initial projections were for $1,039 million, adding that the $900 million collected this year was "close to the original goal."

Nicaragua, a Magnet for Foreign Investment

November 2011

It is estimated that the current government will have accrued $3 billion by the end of its term, an increase of 140% compared to the previous administration.

The arrival of companies interested in investing in the country has continued, even during the election process.

The headhunting business

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Panama is the regional center with the fastest growing activity in headhunting, with the search on for CEOs, presidents and senior professionals.

The arrival of recruitment agency Amrop in the Panamanian market has increased competition in an already competitive area of human resources search and selection.

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