A Bet on Marinas and Tourist Piers

In Nicaragua, a law is being prepared to facilitate concessions for the development of marinas, piers and yacht clubs, with the aim of encouraging tourist activities such as sport fishing.

Thursday, July 20, 2017

The bill is an initiative by private sector entrepreneurs, who want to attract foreign investment to develop tourist activities that are centered around marinas, such as sport fishing. 

José Adán Aguerri, president of the Superior Council of Private Enterprise (Cosep), told Laprensa.com.ni that "...The proposal aims to expedite concessions for the development of nautical clubs and berths and to facilitate tourist, sports and recreational boat sailing. "What we are developing is bringing new marinas in the country, attracting nautical clubs, developing tourism that is linked to these types of activities, to sport fishing itself."

"... So far this proposal has only been discussed by private sector actors related to the tourism sector, but in the coming weeks it will be presented to the Executive."

Sport fishing is one of the activities that could be developed if the initiative thrives.

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President Carlos Alvarado and the Minister of Tourism Gustavo Segura, signed the Law for the Promotion of Tourist Marinas and Coastal Development, a regulation that modernizes the conditions in which the country's marinas operate.

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