PRONicaragua

PRONicaragua inaugurated the first business encounter between Nicaragua and Europe titled Nicaragua.Europe 2011, during which a total of 40 European companies attended from countries such as Italy and Spain.

The United Nations Food and Agriculture Organization (FAO), in its latest report, stated that Nicaragua met the first Millennium Development Goal (MDG) by halving its undernourished population, even before the 2015 target date.

The Association of Producers and Exporters of Nicaragua with the support of PRONicaragua organized the launching of the FINPYME ExportPlus Program, whose objective is to benefit approximately 200 SMEs.

The World Bank, in its recently published 2012 Doing Business report, recognizes Nicaragua as one of the 30 countries that presented major reforms this year and showed important advances in several categories.

Prestigious Brazilian shoe manufacturer ANIGER, through its subsidary in Nicaragua Tecshoes, S.A., recently announced it will begin operations in the country with an initial investment of US$6 million.

The International Monetary Fund (IMF) recently confirmed that Nicaragua’s economy will grow by approximately 4.0 percent in 2011.

PRONicaragua participated in the eleventh edition of EXPOAPEN, which highlights the diversity and quality of the country's export products, as well as the main investment opportunities.

Cupid Nicaragua, a U.S. apparel manufacturing company specialized women’s underwear and sportswear in general, is currently investing up to US$24 million in the expansion of its operations in Nicaragua.

PRONicaragua recently presented the 2011 edition of the investor guideline titled Doing Business, whose objective is to promote and facilitate national and foreign investment.

Ball Horticultural, a U.S. company and one of the leaders in ornamental plants cuttings, announced it will develop a hydroponic project in Nicaragua through its subsidiary company Las Limas, S.A., investing US$15 million and generating 900 jobs.