Nicaragua offers a range of opportunities for investors, from the food processing industry to the automotive industry.
Major investment opportunities in Nicaragua
- Food processing
Nicaragua is a country with a tradition of agriculture and livestock. Both industries have been a fundamental part of the exports of the country for more than 150 years. Historically known as “The Breadbasket of Central america”, Nicaragua is recognized for its ideal climate and fertile soils.
The expansion of supermarket chains and the growing demand for food products in the region continue to attract significant investments in this sector. In addition, the country has huge amounts of underutilized land with potential for reforestation and plantations of crops used for the production of biofuels.
- Outsourcing of Services
Due to its proximity and affinity to the markets of north America and South america, its competitive cost structure and its young workforce and qualified, Nicaragua has quickly become an attractive destination for investment in the bpo sector, primarily in the markets of the business process outsourcing, knowledge and information technologies (BPO, KPO and ITO, for its acronym in English). Nicaragua is now one of the emerging platforms more attractive of the region for these markets, managing to attract investments exceeding US$64 million and generated to date, about 6,000 direct jobs.
- Footwear
Investors will find in Nicaragua advantages of quantitative and qualitative projects manufacturing of shoes export-oriented, including: labor costs competitive and social stability, high levels of personal safety (the highest in the region), generous tax incentives and a solid legal framework for investment. In addition, the country's strategic position in the center of the Americas, and its preferential access to the most important international markets of the world, made Nicaragua the ideal platform for exports.
The following products represent niches with attractive investment opportunities for projects of manufacture:
- Footwear leather, casual, or fashion.
- Functional boots for protection, industrial or outdoor use.
- Shoes and sandals are synthetic.
- Production of parts or accessories needed to complement the local supply chain.
- Automotive industry
Nicaragua is an ideal platform for the manufacturing and assembly operations in export-oriented, seeking to achieve a comparative advantage in the global market. The country provides significant qualitative and quantitative advantages as a location of manufacturing offshore.
Among the main companies in the industry is ARNECOM, a producer of wiring harnesses for cars; and Stainless Ride, that designs and manufactures stainless steel products and other metals for luxury motorcycles. These companies have found ideal conditions in Nicaragua to develop their businesses.
-For more information on business opportunities in this industry, please send your questions or comments to [email protected].
- Forest
Nicaragua has large extensions of land that is underutilized is fit for the production of energy and biofuels from biomass, which can be used as feedstock for second-generation biofuels. As part of the strategy to encourage the production of biomass, incorporating a component within the Law on the Promotion of Electricity Generation with Renewable energy Sources Act (532). Nicaragua has 1.7 million hectares of land suitable for the production of precious wood such as teak and 2.7 million hectares of land suitable for intensive production of natural rubber, a product highly demanded worldwide today.
-For more information on business opportunities in this industry, please send your questions or comments to [email protected].
