Successes of the "Better Work" Program

Starting in 2011 the "Better Work" Program has generated improvements in working conditions and competitiveness in free zone companies in Nicaragua.

Monday, January 28, 2013

From a press release issued by the Ministry of Labour in Nicaragua:
For companies in the Nicaraguan free zones the "Better Work", is viewed as a good experience, because its primary objective is to improve working conditions, competitiveness and to analyze the business of free zone companies.

In the labor area, the Government has focused on ensuring compliance and restoring labor rights, as well as the ensuring the correct application of international conventions ratified by Nicaragua with the International Labor Organization. These include respect for freedom of association, strengthening the tripartite dialogue, free negotiation between parties and a culture of compliance with labor legislation by employers in the zones, therefore the "Better Work Program" is an opportunity to improve as companies get more purchase orders from international brands.



More on this topic

Panama: A Unique Free Zone Law

October 2015

The private sector is calling for a unique legislation that guarantees equal access to free zone regimes both for domestic and foreign companies.

From a statement issued by the Panamanian Association of Business Executives (APEDA):

The Panamanian Association of Business Executives (APEDE), along with several sectors of the country is concerned about the economic crisis affecting enterprises and workers in the Colon Free Zone, for which reason it is states that it is of the utmost importance to have a dialogue between all parties as this would allow progress to be made to moving towards a single framework law on free zones in our country.

No Changes to be Made to Costa Rica's Free Zones

July 2015

Once again the Presidency has spoken out to calm investors denying the insinuations of a Deputy Minister related to opening up the discussion on the free trade zone regime.

According to an article in Crhoy.com, the Deputy Minister of Labour, Harold Villegas, mentioned in the framework of the International Forum of Social Solidarity Economy that "as a society we should discuss the activities that should or should not be tax-free and although free zones functioned well in a moment of history, it's time to move towards a system of greater tax justice and for a more open discussion to take place. "

More and More Free Zones in Nicaragua

February 2013

With a record $2.207 billion in exports last year in 2012, the nation aims to continue growing its free zone regime, both in terms of the number of companies and volume of exports.

Beyond having obtained these successful figures, the aim is to attract more businesses and diversify economic activities.

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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