Nicaragua Seeks Investors in Guatemala

Most notable are the opportunities in agriculture "because there is a lot of land" for production in sectors such as cocoa, rubber, oil palm and sugar.

Tuesday, May 8, 2012

A delegation of businessmen and government officials from Nicaragua will meet with Guatemalan entrepreneurs from the agricultural sector in order to persuade them to invest in their country.

"We have opportunities for crops such as cocoa, rubber, oil palm and sugar. We are aiming to explore and exploit our lands, in other countries land is scarce, there is land in Nicaragua, and a lot of it," said Alvaro Baltodano, Nicaragua's presidential delegate for the Promotion of Investments, reported Elperiodico.com.gt.

Several Guatemalan companies are already operating in Nicaragua, such as Grupo Pantaleon who aquired the Monterrosa sugar mill, Organización Leal y Spectrum, which is developing a housing and tourism complex in the resort of San Juan del Sur.

More on this topic

Growth of Guatemalan Investments in Nicaragua

July 2016

Investment made by Guatemalan companies in Nicaragua almost tripled between 2014 and 2015, with money mainly going into energy, sugar, palm oil and tourism.

In the past eight years Guatemalan companies have invested $246 million in Nicaragua, according to ProNicaragua. In 2013 the highest amount in the last five years was recorded, with $46 million being invested in the country. In 2014 the amount of investment was only $6 million, while in 2015 it amounted to $16.7 million.

Nicaragua and Thailand Aim to Increase Trade and Investment

January 2012

Nicaragua already exports products worth $1,300,000 to the Asian country and is keen to promote its agriculture and tourism sectors.

An official Taiwanese delegation headed by Deputy Foreign Minister Nonrischai Jullapong, visited Nicaragua to attend the inauguration of the second term of President Daniel Ortega and discuss business opportunities.

Chilean Trade Mission to Nicaragua

April 2015

A group of industrial companies in the South American country plan to visit the country in late April to explore business opportunities with Nicaraguan businessmen.

The Chilean delegation is composed of representatives from the public and private sectors related to the industrial and recycling area, in order to find out about market and investment opportunities in Nicaragua.

Nicaragua: 100 Thousand Hectares to Invest In

May 2016

African palm, coffee, pineapple, bamboo, cocoa and forestry are the categories that the Nicaraguan government is promoting as investment opportunities in the Caribbean coast.

Noting that deforested areas are those that could house African palm plantations, Alvaro Baltodano, presidential delegate for investment and exports, noted that African palm is now being planted in 10 thousand acres of the Nicaraguan Caribbean, as part of a project that aims to plant 20 thousand acres.

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