Nicaragua: Opportunity in Women's Shoes

North American entrepreneurs in the footwear sector have emphasized the advantages of the Nicaraguan industry as providers of high heel shoes for ladies.

Wednesday, June 4, 2014

Surpassing China, Vietnam, Cambodia, Indonesia and Bangladesh and ranking below average in cost of quality leather shoes ($ 3.30 per pair), manufacturing soles ($ 0.43) and the development of a pair women shoes ($ 8.17), Nicaragua has become highly attractive as a destination for industry manufacturers and a candidate for a strong manufacturer and exporter of women's shoes.

"According to a study by the Footwear Distributors and Retailers of America (FRDA), even though China, Vietnam and Mexico have a large share of the women's footwear market, Nicaragua ... also ... has the skilled labor for this job. 'Nicaragua has become an attractive platform for companies whose operations use intensive labor, as required by the footwear industry, which in turn requires preferential access to major international markets without paying taxes and tariffs. this advantage puts us on the map as one of the ideal destinations for this specific sector," said Executive Director of ProNicaragua, Javier Chamorro. "

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