Nicaragua: Industry Up 7% in 2012

The agribusiness sector drove growth in production, with sugar, dairy and rice as the leaders.

Thursday, January 3, 2013

According to an article in Laprensa.com.ni, "The performance of the industrial sector at the end of the year is very positive. Six percent growth has been achieved due to the dynamic combination of various activities that make up the industry."

Most noteworthy were the activities of producers of sugar mills who led production and increased investments in clean energy generation.

Mario Amador, president of the Chamber of Industries of Nicaragua (Cadin), said that "The Montelimar mill (located in Managua) next year will invest in expanding its production and milling capacity, which will allow it to generate 30 to 35 megawatts of energy ".

In the case of Benjamin Zeledon mill, in Rivas, investment plans are for around one hundred million dollars in 2013. But preparation for this in 2012 resulted in increased production of sugar. The objective is to go from grinding 4,500 tons of cane per day to 7,000 tons.



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