It has been announced that the company Supertex plans to invest $8 million in setting up a textile production factory in the country, which will start operating in July 2017.
The Investment Promotion Agency of Nicaragua (ProNicaragua) announced that the textile company Supertex, of Colombian origin, will begin operations in July.
Three textile companies and a cosmetics distributor will begin operations in the country before year-end.
Textile companies Apparel Production Services (APS), Supertex, Darlington Fabrics and cosmetics distributor Arabela Logistics will generate some 2.500 direct jobs, remarked Alexander Segovia, presidential secretary.
"The Government awaits the decision of 6 or 7 other companies before the end of the year", reported Elsalvador.com.