The National Assembly approved a bill that aims to streamline the procedures for granting concessions for the development of yacht clubs and berths.
The deputies of the National Assembly approved on March 12 a new Law for the Development and Operation of Tourist Marinas that will stimulate the development of the tourism industry and encourage national and foreign investment, both public and private, in the water tourism sector, the government informed in a press release.
In Nicaragua, a law is being prepared to facilitate concessions for the development of marinas, piers and yacht clubs, with the aim of encouraging tourist activities such as sport fishing.
The bill is an initiative by private sector entrepreneurs, who want to attract foreign investment to develop tourist activities that are centered around marinas, such as sport fishing.
With an investment of $15 million, the first tourist marina located in the Nicaraguan Pacific continues its expansion plans.
Roberto Membreño, founder and director of the Marina, expects that the works will involve the construction of two buildings with 32 luxury apart-hotels each with two, three or four bedrooms.
Authorities from the Nicaraguan Institute of Tourism have announced the construction of two marinas in the south of the country's Caribbean coast.
Spanish businessmen, with an estimated investment for the first stage of about $15 million, plan to build two marinas, one located in Corm Island with a 40 yacht capacity and another in Bluefields for 150 yachts.
The “Roberto D'Aubuisson” nautical station is located on Meanguera Island and it has a capacity for vessels up to 45 meters long.
With an investment of $2.5 million, the project was inaugurated by Salvadoran President Elías Antonio Saca.
Mipunto.com published: "Saca maintained that this is an 'important project' for Central American integration in the Fonseca Gulf zone, which is shared by El Salvador, Honduras and Nicaragua on the Pacific."
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