This was announced by Mexico's ambassador to Managua, Mr. Raul Lopez Lira.
Lopez said the company will come to the country on a fact-finding mission, adding that Maseca is another Mexican company that is evaluating strengthening its presence in Nicaragua, with a corn flourprocessing plant.
The country began its 2010-11 harvest; estimates put output at 5% lower than the last season.
"The National Committee of Sugar Producers of Nicaragua has estimated that the sugar harvest, which began today and ends in May 2011, will produce 11.5 million quintals (46 kilos each), 500,000 bushels less than the same period before," according to Canal15.com.ni.
The new Panamanian Biofuels Act provides that from April 2013 a 2% of anhydrous bioethanol be incorporated into motor fuels.
Under the law, that percentage will increase to 5% by 2014. The progression in the increased presence of ethanol in the fuel used by motorists will continue to reach 7% in 2015 and 10% in 2016. This percentage may be increased by the National Energy Secretariat based on the technological advances.
$300 million will be required for pest control alone, and more than $1 billion to renovate the plantations that have been affected.
The figures which have been gathered unofficially indicated that in excess of 1.7 million quintals of coffee have been destroyed by the fungus known as rust in Honduras, Nicaragua and El Salvador.
The president of the Coffee Exporters Association of Honduras (Adecafeh), Omar Acosta says that the loss in Honduras could reach two million quintals, "The Ihcafé says that no damage has been done, butwe do not understand why they are lying. They should have a plan for the country because it is a serious problem, we all know that there is a strong impact from rust and we believe there is a damage of between 25% and 30% of the crop, which amounts to two million quintals. "
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Sustainable 70 Acre Coffee Farm, San Ramon, Costa Rica Coffee Estate, development property with 20 titled lots, ready to develop with roads, water, power. Great Location, close to everything Ideal area for living or developing an ecologically...
CISA Exportadora is a green coffee exporting company based in Nicaragua owned by the Baltodano family who enjoys over 100 years of coffee tradition.
Operates in Nicaragua
Phone: (505) 2270 4414 - (505) 2270 4412
Generates business opportunities by linking supply and demand of goods and services between Central America and the rest of the world.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 225 4786