Since January 1, 2020, Nicaraguan authorities have been charging $25 for the electronic processing of the Single Central American Transit Declaration, a cost that exceeds by 233% what was paid until the end of 2019.
Until December 31 last year, the General Directorate of Customs Services (DGA) charged $7.5 for the Single Central American Declaration in Transit (DUCA), but with the new provision of the authorities, the cost increased by $17.5 for 2020.
Problems with the computer system are affecting processes such as settlements, online payments and shipping of free zone containers in transit to the port.
The Higher Council of Private Enterprise (Cosep) will be asking the government to put in place a contingency plan to correct the problems that have arisen in the customs computer system.
An announcement has been made that the Liverpool department store company will be negotiating the acquisition of textile garments made in the country.
Representatives from the Nicaraguan Association of Textiles and Apparel (Anitec) informed Laprensa.com.ni that "... they will meet on Friday September 26 with senior officials of the group in order to find out more specifically about the interest that has been shown in the garments processed in Nicaragua. "
On a 12 kilometer stretch, the new road to León has had almost 13,000 homes built on it in just three years, in addition to four industrial parks of which 3 are already operating.
Elnuevodiario.com.ni reports that "between kilometers 8 and 20 of the new road to León, there are 10 urban private sector projects and three from the public sector, while the mayor of Ciudad Sandino has received 35 applications for new residential buildings."
European investors are to acquire the Cone Denim Plant in Nicaragua, which has been closed for 3 years and could reopen in late 2012.
"It is a fact that this year the Cone Denim plant will be reopened. We're just waiting for the (purchase) negotiations to be completed," confirmed Dean Garcia, executive director of the Nicaraguan Association of Textile and Apparel Companies (Anitec), according to Laprensa.com.ni.
Exports up to August totaled $870 million, 35% more than in the same period in 2010.
During the same period the increase in volume was 22%.
Projections for this year, according to the Nicaraguan Association of Textile and Apparel Companies (ANITEC in Spanish) are that it will close with an increase in exports of between 20% and 30% compared to 2010.
The vice-president of the Association of Textiles and Clothing, Roberto Bequillard, thinks that this year the free trade zones will not grow in terms of attracting new investment. He said this is due to problems with the government of Daniel Ortega.
Bequillard, according to statements published last Sunday by the newspaper La Prensa, said the lack of clear rules and the speeches of President Ortega against the textile sector are the main reasons why growth in these zones is likely to stall.
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