Nicaragua: $27 Million for Poultry Industry

The multinational Cargill will invest these resources over a period of five years.

Tuesday, May 17, 2011

With a view to strengthening domestic production and further development of the national poultry and animal feed business, Cargill will inject capital into companies operating in the country.

For the Nicaraguan government, the investment by Cargill will help boost economic activity and also reflect the buoyant business climate prevailing in the country.

An article in El Nuevo Diario notes, "To date the company has a presence in Honduras, Guatemala and Costa Rica. It began operations in Nicaragua in 2000 and has since invested $30 million. Apart from the poultry business at the local level it also has ties to areas such as animal feed, processed meat production and marketing. "

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