$1,442 million was the total amount invested by foreign companies in the past year in the country, mainly in the telecommunications industry.
Tuesday, April 4, 2017
A Central Bank report indicates that $274 million was invested in industrial activities, while the telecommunications sector received investments of $232 million.$138 million was invested in commerce and services.
Compared to 2015, there was an increase of 4.2%, but when comparing the figure to 2014, a slight reduction is observed, because in 2014 flows of foreign direct investment (FDI) totaled $1,449.8 million.
Elnuevodiario.com.ni reports that "...Álvaro Baltodano, Presidential Delegate for Investments, saidit has been possible for FDI to reach Nicaragua from more than 47 countries. He argued that Nicaragua has based its development on attracting foreign direct investment and local investment, in the words of Baltodano, it has increased because of the confidence in the model of dialogue between the Government and the private sector."
Partly explained by the regimes created to encourage investment in different sectors, countries in the region went from receiving $11 billion in 2016, to $12.1 billion last year.
According to a study by the Center for Economic Integration Studies, in 2017 inflows of Foreign Direct Investment (FDI) in the region reached a record figure of $12.083 billion, registering an increase of 9.8% compared to 2016.When analyzing the period from 2010 to 2017, it can be seen that the inflow of FDI has increased considerably, showing a growth rate of 7.9%.
In the first half of the year foreign investment totaled $652 million, almost 20% more than in the same period in 2015, driven by reinvestment on the part of companies already in the country.
From the report "Foreign Direct Investment Flows - II quarter 2016," by the Central Bank of Honduras:
The country attracted $1,203 million last year, with highlights being an increase in capital from countries in the region such as Panama, Colombia and Guatemala.
In 2015 flows of foreign direct investment (FDI) from Latin America were higher than those received from North America, totaling $437.8 million, the largest share (36.4% of total), according to the Central Bank of Honduras.
Of the total $1,144 million received in 2014, 54% was reinvested earnings, 32% fresh capital and 16% transfers between companies.
The Central Bank of Honduras announced that the sectors which had the highest investment amounts recorded in 2014 were "... transport, storage and telecommunications, which received 31.6% of the funds, and services, 17.4%, goods for processing, 15.6% manufacturing, 14.7%, commerce, 9.5%, and other sectors accounted for the remaining 11.2%. "
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2921Government Procurement Opportunities in the region