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

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.

Germans Seeking Business in Nicaragua

April 2015

Seven German companies are visiting the country to explore opportunities in sectors related to hydraulic engineering, energy, transportation, agricultural production and health.

A delegation of 10 representatives from seven German businesses will be staying for a week in the country to meet with various business chambers and look for investment opportunities in different sectors, including the project of the Grand Canal.

Development of Nicaragua's West discussed at forum

July 2008

ProNicaragua, the state's investment promotion agency and the Millenium Challenge Account are carrying out an Agribusiness forum, with the objective of developing the agricultural industry in Nicaragua's West.

"Seeding opportunities in Nicaragua" is the name of this forum, taking place today in the city of León. Participants include industrial agriculture investors from the US, Mexico and Central America.

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