In order to take advantage of the conditions offered by both countries for the development of farming a proposal will be made to the Mexican companies Lala and Sukarne to expand operations to Honduras.
The objective of this proposal is to maximize the conditions offered by both Nicaragua and Honduras for the development of agricultural activities, both in the processing of milk and dairy products as well as in the meat sector.
While opponents criticize the union between the old and the new oligarchies, from the pragmatism of both of them emerges a Nicaragua with projects that promise a better future.
An article published on Bloomberg.com reviews the life of Carlos Pellas, in which he is described as being the only Nicaraguan who has more than a billion dollars in assets.
The Executive is proposing a reform of the law on exploitation of geothermal resources to extend the period of the concessions granted to foreign companies from 25 to 30 years.
In order to encourage investment in the energy sector, the reform of the "Law on Exploration and Exploitation of Geothermal Resources" , sent by President Daniel Ortega to Parliament also proposes increasing the extendable term requested from the State by companies with exploitation rights, from 10 to 30 years.
The bill sent to Congress seeks to regulate the rational and sustainable use of forest resources.
Nicaragua has 56 thousand square kilometers of forest, equivalent to 43% of its territory, according to an article in Estrategiaynegocios.net, noting that "... in the last 20 years it has lost 80% of it forest" due to logging.
Current reforestation schemes have failed to curtail the annual loss of ".. 70,000 to 80,000 hectares of forests."
Problems with boundary lines or over territories in Guanacaste are not an issue for Nicaraguan businessmen operating in Costa Rica.
An article in Nacion.com reports that Simmel Ortegarrieta, son of Milton Ortegarrieta, the founder of the pharmacy El Socorro, in the capital district of Pavas, states that "Political conflicts are unfortunate situations that occur between Managua and San Jose more than between the inhabitants of the countries. "
The Spanish oil company could initially invest $30 million to explore and exploit oil in the Nicaraguan Caribbean Sea.
The Spanish are interested in starting exploration studies this August by drilling a well 190 km from the port of Bluefields Bay in the South Atlantic Autonomous Region (RAAN by its initials in Spanish), located about 500 km southeast of the capital, said Emilio Rappaccioli, head of Energy and Mines.
This office will promote investments and cooperate in Central American integration efforts.
The announcement was made by the Russian Foreign Relations Minister, Sergei Viktorovich Lavrov, after a meeting with President Daniel Ortega in Nicaragua.
“Ortega assured they discussed bilateral cooperation in health, education, security and opening markets. He also announced the construction of a modern hospital”, reported Elnuevodiario.com.ni.