Nicaragua: Following Construction, Hardware Sector is Growing

The dynamism in construction in the country has boosted the supply of hardware and goods and services related to the industry.

Friday, February 21, 2014

In the last five years, the dynamism of the construction sector, driven by housing construction, has boosted sales of hardware and related goods and services.

"Benjamin Lanzas, president of the Nicaraguan Chamber of Construction, said the boom in this sector has encouraged the growth of hardware stores in the country, which is also positive for this guild.

'I think supply of Nicaraguan hardware is growing every day, which is great for the industry. In Nicaragua you can already find all the material needed for housing and at competitive prices,' said Lanzas."

According to an official report by the Central Bank of Nicaragua, the growth was linked to increased production of wood, concrete, pavers, sand, concrete and blocks, which also are sold at hardware stores."

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