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.
Nicaragua already exports products worth $1,300,000 to the Asian country and is keen to promote its agriculture and tourism sectors.
Seven German companies are visiting the country to explore opportunities in sectors related to hydraulic engineering, energy, transportation, agricultural production and health.
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.
The union of exporters is preparing a meeting for May with Colombian and Guatemalan companies to look at opportunities offered by the FTA signed between the two countries.
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