Between 2011 and 2015 investment by Mexican companies grew by 112% and bilateral trade increased by 41% in the same period, going from $1,042 million to $1,471 million.
In 2011 investment made by Mexican companies in Nicaragua totaled just over $115 million, while in 2015, that figure exceeded $244 million, according to figures from ProNicaragua.Industry, telecommunications and commerce are the three major sectors that received the most Mexican investment in 2015.
About $200 million is the estimated investment made by Mexican companies in the first three months of this year, and it is projected that at the end of the year this figure will reach $600 million.
Estimates made by the Honduran-Mexican Chamber of Commerce place the investments primarily in"... technology, installation of wire harnesses and construction of 200 meters of quay which is being developed by Grupo Logra from Mexico in Puerto Cortes, among others."
In 2016 the country received $5,209 million in foreign direct investment, an increase of 16% compared to the previous year.
From a statement issued by the Ministry of Economy and Finance:
A report from the Department of Economic and Social Analysis at the Ministry of Economy and Finance (MEF), reveals that Foreign Direct Investment (FDI) in Panama in 2016 amounted to B / 5,209.3 million compared to the B / 4494.2 million received in 2015, in other words it increased by 15.9%, demonstrating its dynamism and investor confidence in the country's macroeconomic performance.
$1,442 million was the total amount invested by foreign companies in the past year in the country, mainly in the telecommunications industry.
A Central Bank report indicates that $274 million was invested in industrial activities, while the telecommunications sector received investments of $232 million.$138 million was invested in commerce and services.
The new free zone, which started operating in Palín, houses the Korean textile company Alcatex and the plastics manufacturer Plastifar, from the Dominican Republic.
In addition to Alcatex, the company Plastifar has also started operating in the free zone known as Michatoya, created from a partnership between the municipality of Palin, Escuintla, and the city of Incheon, the main logistics port of South Korea.
The union of mining companies is promoting the arrival of new foreign investments in order to achieve greater development and formalization of metal mining in the country.
The president of the Mining Chamber of Nicaragua (Caminic), Sergio Rios, presented to foreign businessmen the characteristics and conditions offered by the country's for mining investments and invited them to invest in the country and take advantage of its geological potential.
In the next five years the government expects to attract new private investment to add to the 1300 MW of renewable energy projects in the energy matrix.
Currently, 80% of power generation plants operating in the country are privately owned, and the Ortega administration has announced that it will continue to offer attractive terms to encourage the arrival of new private investment into the energy sector.The 2017-2030 plan envisages the incorporation of 1300 MW into the energy matrix,"... '(projects) that are open to all national and foreign investors who are participating.'"
From March 28th to 30th potential international investors will learn about public and private projects in infrastructure, tourism, energy and industrial development.
From a statement issued by Proesa El Salvador:
The country will open the first International Investment Forum El Salvador 2017 and present the Country Brand for El Salvador on March 28, reported officials this morning from the Agency for Promoting Export and Investment in El Salvador (PROESA), during a press conference.
Hard Rock International announced the new 294 room all-inclusive Hard Rock Hotel Papagayo, which is set to open by early 2019.
From a statement issued by Hard Rock International:
ORLANDO, Fla., Jan. 19, 2017 /PRNewswire/ -- Hard Rock International makes waves today as it announces plans to bring the Hard Rock Hotels experience to Costa Rica with the all-inclusive Hard Rock Hotel Papagayo, Costa Rica. Hard Rock, in collaboration with Sunwing Travel Group, is set to open Costa Rica's first Hard Rock Hotel by early 2019. The brand's strategic partnership with Sunwing Travel Group, the largest tour operator in North America, provides the perfect opportunity for future growth within the region. With Hard Rock and Sunwing Travel Group's shared vision of providing authentic experiences in word-class destinations, this new partnership paves the way for potential collaborations in both the Caribbean and Latin America.
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PRONicaragua, is the Nicaraguan Investment Promotion Agency, established in 2002. We are a non-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment. The Agency provides complimentary support services to qualified investors seeking investment opportunities in our country.
Operates in Nicaragua
Phone: (505) 2270 6400
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