Nicaragua: Logistics for Raw Materials for Textile Industry

The company Next Level Apparel Logistic has invested $28 million in a new logistics center for storage and distribution of raw materials.

Tuesday, October 25, 2016

an dir="ltr">The new plant was built in the Industrial Park Las Mercedes in Managua, where the company Next Level Apparel Logistic has been operating since 2009.

See "
Textiles Nicaragua: More Volume with Less Value"

"... Investment in this project was $28 million, according to Joe Simsolo, president of Next Level Apparel Logistic company which has been operating in the country since 2009 and generates 4,500 jobs in free zones in Managua and other municipalities in the Pacific. "

Edvin Samayoa, CEO of Next Level Apparel Logistic, told Elnuevodiario.com.ni that "... imported raw materials are stored in this logistics center and from there they will supply other textile companies."

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Nicaragua: Investments in Free Zone Announced

June 2016

A Peruvian spinning mill is to invest $15 million in Las Mercedes Industrial Park, and soon three other companies from the call center and textile sectors will be setting up there too.

Dean Garcia, executive director of the Nicaraguan Association of Textile and Apparel (Anitec), told Elnuevodiario.com.ni that "...

Panama: More Logistics Services from Colon

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DHL has announced an investment of $4 million to operate directly from the Colon Free Zone, with special focus on the pharmaceutical, textile and home appliances sectors.

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Panama: More Investments in Free Zone

May 2015

The arrival of 13 new companies has been announced in the sectors of services, processing of finished or semi-finished products and assembly in the free trade zone in the country.

From a statement issued by the Ministry of Commerce and Industry of Panama:

The potential of Panamanian Logistics, tax benefits and immigration benefits, are still the main attractions which caused 13 new companies to decide to settle in Panama, protected under Law 32 of April 5, 2011 on Free Zones, announced the Minister of Trade and Industry, Meliton Arrocha.

Nicaragua: Multi-Sectoral Agreement to Attract Investment

March 2009

Entrepreneurs, unions and the government have agreed to maintain the lowest wages on the isthmus and attract companies to Free Trade zones.

Thus far in 2009, several free trade zone companies, such as Dasol Textiles and Premier Textiles, have shut down operations in the country.

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