The development of a residential project in Matagalpa has been detained since last year because of occupation by 300 land grabbers.
The invasion of more than 300 people on private land has stopped construction of a development project which aims to build 250 homes with a value of between $150 thousand and $500 thousand each.
The implementation of scanner-based inspection of cargo at customsincreases the cost of moving goods in the region.
Both Panama and Nicaragua have contemplated implementing scanning systems or X-rays to inspect cargo arriving at the port terminals, the first of these two countries in its inter-oceanic canal, and the second in the one it is dreaming of building. The dilemma in both situations is mainly focused around the collection of a fee for the inspection service using scanners.
A partnership has been formed between the Nicaraguan government and the Spanish group Barceló to build an international airport in the Montelimar resort, in San Rafael del Sur.
An article in Laprensa.com.ni reports that "The Government of Nicaragua and the Spanish hotel group Barceló have signed an agreement to build an international airport in the Montelimar resort, in the Pacific, officials said on Sunday. The agreement, which creates a joint partnership between the two parties was signed in a private ceremony in Managua by Nicaragua's Attorney General Hernan Estrada, and the group's director for Barceló Central and South America, Juan José Ribas. "
Nicaragua's government is trying to calm fears among businesses after the release of a report covering the pending property claims of U.S. citizens, without which bilateral and multilateral U.S aid may be jeopardized.
From June 2011 to date, the government has been attending to about 64 claims by U.S.
The Nicaraguan government has agreed to the intervention of the Mediation and Arbitration Center of the Chamber of Commerce in disputes it has with companies.
Representing the state, the Attorney General of the Republic, Hernan Estrada, established the agreement with the Chamber of Commerce of Nicaragua (Caconic).
The Attorney General has calls on owners of Hotel Punta Teonoste to bring a trespassing issue to court and expressed willingness to open a dialogue.
The Attorney General of the Republic of Nicaragua, Hernan Estrada, has moderated his position on the occupation of private lands used for investment in tourism, Hotel Punta Teonoste, inviting the family who owns the hotel to take the matter to the courts of appeals.
Executives from the Grupo Barceló repeated this Thursday that they owe nothing to the State of Nicaragua and refused to make further comments on the lawsuit presented by the government.
The company's legal reprentative, Tomás Delaney, told reporters that they have reviewed the lawsuit sent to the Washington-based International Center for Settlement of Differences Relative to Investments.
The state of Nicaragua is suing Grupo Barceló for 30 million dollars, in a process that will go for arbitration before the International Center for Settling Differences Relative to Investments.
Although Barceló threatened to take the case to the international settlement center weeks ago, in the end it was the State of Nicaragua that took the initiative on arbitration.
The Spanish consortium Barceló, owner of Hotel Montelimar in Managua, wants to resolve its differences with the government through international arbitration.
The government, through its Justice Department, insists that Barceló owes three million dollars for commitments made in its privatization contract.
Nicaragua's Attorney-General's department advised that it has started a legal process to bring about the return of the Montelimar tourist complex, due to alleged non-fulfillment of the contract.
Attorney-General Hernán Estrada recently delivered the lawsuit to the third civil court of Managua.
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