Taiwan-Korea Textile and Garment Factory invests in Nicaragua processing area
According to the analysis report of the Central Bank of Nicaragua, thanks to the recovery of the international economy in 2010, the amount of foreign direct investment in Nicaragua has increased by 15% from 2009's 434 million US dollars to 500 million U.S. dollars.
In 2010, Nicaragua's foreign source country was headed by Canada. The investment amounted to US$132.5 million, accounting for 26.5% of the total investment; followed by US$89 million, accounting for 17.8% of foreign capital. In addition, there are Central and South American countries and Eurasian countries. In 2010, they attracted companies from 38 countries to invest in Nepal; cumulative total investment over the years, Nicaragua’s main source of foreign direct investment still ranked first in the United States, accounting for 50% of the total, followed by Mexico. And Canada accounted for 17.5% and 10% respectively.
In 2010, the direct investment industry in Nicaragua’s foreigners was mainly concentrated in the energy industry, communications industry, processing area, and tourism industry, of which 29.2% was invested in the energy industry, followed by 28.2% in the communications industry, 17.5% in the processing area, and the tourism industry. It accounts for 10.1%.
The energy industry is mainly invested by Venezuelan PDVSA, Brazil Petrobras, and other industries. The communications industry uses Telefonica in Spain, Telmex in Mexico and Yota in Russia as the main sources of investment. The processors in the processing areas mainly invest in countries such as Europe, the United States, and Central America, and Taiwan. South Korea also has a number of textile mills investing in the processing zone.
In 2010, stimulated by the international economic recovery, foreign investment in Nicaragua showed a warming trend. Foreign investment in 2011 is expected to gradually rise. According to Director Javier Chamorro of the Nicaraguan Investment Promotion Agency, foreign direct investment grew by 15% in 2010 to $580 million.
In 2011, Nicaragua will strive to promote the FDI doubled plan and create more job opportunities.
It is estimated that in 2011, the foreign investment industry will be concentrated in three major industries, such as electricity, petroleum, and communications. The investment amount is expected to reach 370 million, 300 million, and 170 million U.S. dollars, respectively, and it is expected that 100,000 direct investments will be made. And indirect job opportunities; plus public investment plans to create 160,000 jobs, in total will create 260,000 new job opportunities in 2011.
In 2010, Nicaragua's foreign source country was headed by Canada. The investment amounted to US$132.5 million, accounting for 26.5% of the total investment; followed by US$89 million, accounting for 17.8% of foreign capital. In addition, there are Central and South American countries and Eurasian countries. In 2010, they attracted companies from 38 countries to invest in Nepal; cumulative total investment over the years, Nicaragua’s main source of foreign direct investment still ranked first in the United States, accounting for 50% of the total, followed by Mexico. And Canada accounted for 17.5% and 10% respectively.
In 2010, the direct investment industry in Nicaragua’s foreigners was mainly concentrated in the energy industry, communications industry, processing area, and tourism industry, of which 29.2% was invested in the energy industry, followed by 28.2% in the communications industry, 17.5% in the processing area, and the tourism industry. It accounts for 10.1%.
The energy industry is mainly invested by Venezuelan PDVSA, Brazil Petrobras, and other industries. The communications industry uses Telefonica in Spain, Telmex in Mexico and Yota in Russia as the main sources of investment. The processors in the processing areas mainly invest in countries such as Europe, the United States, and Central America, and Taiwan. South Korea also has a number of textile mills investing in the processing zone.
In 2010, stimulated by the international economic recovery, foreign investment in Nicaragua showed a warming trend. Foreign investment in 2011 is expected to gradually rise. According to Director Javier Chamorro of the Nicaraguan Investment Promotion Agency, foreign direct investment grew by 15% in 2010 to $580 million.
In 2011, Nicaragua will strive to promote the FDI doubled plan and create more job opportunities.
It is estimated that in 2011, the foreign investment industry will be concentrated in three major industries, such as electricity, petroleum, and communications. The investment amount is expected to reach 370 million, 300 million, and 170 million U.S. dollars, respectively, and it is expected that 100,000 direct investments will be made. And indirect job opportunities; plus public investment plans to create 160,000 jobs, in total will create 260,000 new job opportunities in 2011.
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