Nicaragua: Investment in the Automotive Sector

Grupo Q is investing $5 million in the construction of an automotive center of 4 thousand square meters, including an exhibition area and vehicle sales, parts and maintenance service area.

Monday, November 30, 2015

Representatives of the distributor of Nissan and Chevrolet, whose headquarters are in El Salvador, believe that the economic growth seen in Nicaragua in recent years has led to the arrival of new investments in different productive sectors. Carlos Enrique Quiros, commercial regional vice president of Q Group, told that "... it is a good time to invest."

He added that "... "Nicaragua was a country we saw a great potential in a long time ago and the time has come where we are starting to see the country taking off in many areas, such as tourism, and with much more stability.'"

"... The automotive complex which they have just started to build in the Jean Paul Genie highway, on a hectare and a half of land, will have more than 4,000 square meters of covered area and, according to the regional representative of the Q Group, will feature showrooms, areas for maintenance, spare parts, paint, among other services that customers demand. "

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