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Many Textile And Garment Factories In Taiwan And Korea Invest In Nicaragua Processing Area.

2011/5/23 9:02:00 50

Nicaragua Investment In Textile And Garment Factories

According to the analysis report of the Central Bank of Nicaragua, in 2010, the amount of foreign direct investment attracted by Nicaragua increased by 15% compared to 2009's $434 million, reaching 500 million US dollars, thanks to the international economic recovery.


In 2010, the source of foreign investment in Nicaragua was headed by Canada, with an investment amounting to US $132 million 500 thousand, accounting for 26.5% of the total investment, followed by the US $89 million, accounting for 17.8% of foreign investment.

In addition, there were also central and South American and Eurasian countries, attracting a total of investment from 38 countries in 2010. With the total investment over the years, the main source of foreign direct investment in Nicaragua still ranks first in the United States, accounting for 50% of the total.

Mexico

Canada and Canada accounted for 17.5% and 10% respectively.


In 2010, the foreign direct investment industry in Nicaragua was mainly concentrated in the energy industry, communications industry, processing area and tourism industry, of which investment in energy industry accounted for 29.2%, followed by communications industry accounted for 28.2%, processing area accounted for 17.5%, tourism accounted for 10.1%.


The energy industry is mainly invested by Venezuela PDVSA, Brazil Petrobras and other industries, while the communications industry is the main source of investment from Spain Telefonica, Mexico Telmex and Russian Yota. The Processing Zone operators mainly invest in Europe, the United States, Central America and other countries, and Taiwan and Korea also have many.

Textile mill

Invest in processing area.


In 2010, stimulated by international prosperity and recovery, foreign investment came.

Nicaragua

Investment is showing a trend of return to temperature. In 2011, outsiders' investment is expected to pick up gradually.

According to JavierChamorro director of Nicaragua Investment Promotion Bureau, foreign direct investment grew by 15% in 2010 to 508 million US dollars.


In 2011, Nicaragua will work hard to promote the doubling of foreign direct investment, so as to create more job opportunities.


It is estimated that the foreign investment industry in 2011 will be concentrated in the three major industries, such as electricity, oil and communications. The investment volume is expected to reach 360 million, 300 million and 170 million US dollars respectively. It is expected that 100 thousand direct and indirect job opportunities will be created. With the public investment plan creating 160 thousand job opportunities, a total of 260 thousand new jobs will be created in 2011.

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