Nicaragua: Trade Between Free Zone and Local BusinessesA proposal put forward by the textile sector seeks to generate trade between national and free zone companies, starting with the possibility that the latter provide raw materials to local companies.Friday, April 21, 2017
The objective of the Nicaraguan Association of Textiles and Confection of Free Zones (ANITEX) is to generate greater links between the companies that operate under the regime and those in the national market. Source: Trincheraonline.com Do you need more information about your business sector?Request more information: Need assistance? Contact us
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Export from Free Zones to Grow in 2018January 2018 After having recorded a slight fall in 2017, companies in the free trade zone regime of Nicaragua plan to achieve a 5% growth in their exports this year. Nicaragua: Investments in Free Zone AnnouncedJune 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. Nicaragua: Buying From Tax Debtors BannedJuly 2013 Businessmen are opposing, because of its illegality, the position of the Department of Revenue, which is ordering free zone companies not to buy raw materials or services from providers who owe taxes. Negotiations for Purchase of Cone Denim Textile FactoryApril 2012 European investors are to acquire the Cone Denim Plant in Nicaragua, which has been closed for 3 years and could reopen in late 2012.
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