Free Zone Aiming for Footwear and Auto Industry

ProNicaragua seeks to attract companies from the footwear and auto parts industry to operate in the country's free zones.

Monday, January 2, 2012

Javier Chamorro, Executive Director of the investment promotion agency, ProNicaragua, noted that they are seeking to "generate development poles" in these two sectors.

The meeting with business people from the automotive sector is scheduled for February and aims to gather 15 companies, while the footwear event will take place in June and will bring together about 45 companies from Asia, Europe, the USA and South America.

"Currently operating in the country are the car chasis companies Arnecom (Mexican-Japanese capital) and Draexlmaier (German capital). In the footwear sector are the shoe manufacturers SCA Footwear Nicaragua and Techshoes (both Brazilian investment) and a company founded on Taiwanese capital that makes shoe boxes", reported

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