Japanese Interested in Investing in Nicaragua

The company Mitsui may have told the Ortega administration that it is interested in participating in port infrastructure works in the country.

Tuesday, July 25, 2017

Representatives from the Japanese multinational firm Mitsui met in Managua yesterday with delegates from the state-run Investment Promotion Agency of Nicaragua (ProNicaragua) to discuss the possibility of investing in this country, an official source reported.

Elnuevodiario.com.ni reports that "...Mitsui is a global company that produces food and beverages, and industrial products, among other things.  The representatives from Mitsui showed a greater interest in the port projects, which have yet to be executed, in Nicaragua."

"..."The company (Mitsui) has been very interested in being able to contribute to integral development projects in our country, and they have expressed their interest in finding out more," said ProNicaragua's investment adviser, Laureano Ortega, through  government media."

More on this topic

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It is not only the port of Corozal which needs immediate promotion, there is also an urgent need to keep building port infrastructure in order to take advantage of the Canal expansion.


The opinion of entrepreneurs in the logistics sector is unanimous: the forthcoming opening of the new and expanded Panama Canal locks should be the starting point for consolidating Panama as a major logistics hub for the hemisphere.

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November 2015

Companies interested in developing and operating the new Panamanian port will face stiff competition from Panama Ports Company, which has already prepared a plan and requested to receive the concession directly.

The operator of the ports of Balboa and Cristobal, which has repeatedly expressed opposition to the idea of ​​building a container terminal in Corozal, now wants to be its developer and operator, and it has now submitted a proposal to the Panama Canal Authority to receive a direct concession of the land located in the area.

Eleven Companies After Concession of Puerto Corozal

November 2015

While the bill to award the construction of a port in Corozal still sleeps at the Congress, eleven international operators have already expressed interest in participating in the act.

From a statement issued by the Panama Canal Authority:

Eleven of the largest port operators in the world have formally expressed to the Panama Canal Authority their interest in participating in a public tender for the concession of the Port of Corozal.In this first instance, companies expressed their interest to be considered in a possible pre-qualification process, which demonstrates the great demand for this service in the Panamanian Pacific coast, especially since the opening of the Canal expansion.

Puerto Armuelles: Cargo Or Cruises

June 2015

The Panama Maritime Authority (AMP) has selected the company Nathan Associates to develop, within three months, a business model to develop the port.

The project will include analysis and identification of the potential to attract investors to the market.

According to Prensa.com, "...

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