The business community argues that the Law for the Development of Coastal and Environmental Conservation is not being complied with, as unofficial businesses such as restaurants and hotels are being allowed to set up on the coasts. About "... $150 million in investments in tourism could be delayed due to the inadequate location of some businesses in coastal areas in the municipality of San Juan del Sur."

See: "Nicaragua: Untapped Tourism Potential"

The president of the National Chamber of Tourism in Nicaragua (Canatur), Lucy Valenti, told Elnuevodiario.com.ni that "... the bad location of businesses on the beaches affects the development of major projects, creating uncertainty among entrepreneurs interested in investing in the Pacific coast of Nicaragua. 'Setting up businesses is prohibited and is affecting property owners who are behind the 50 meter mark. These cases have been raised in various legal instances, but [the problem] has not been resolved and every day more people are joining in.'" 

Jose Leon Talavera, manager of Canatur and representative of Villas Maderas in San Juan del Sur, "... insists that 'you can not ask an investor to come and build a five star hotel, or a development that is going to invest several million dollars when what you have are shacks that are falling down, which do not have phytosanitary concessions and are in terrible condition, they have no service culture, which is not governed under any regulations and they are illegal'."

Source: elnuevodiario.com.ni

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