PRONicaragua

The Center for Export Procedures recently stated that the value of coffee exports from Nicaragua increased 39.3 percent in the first 11 months of the 2010-2011 harvest, in relation to the same period last season.

A Taiwanese mission representing the country’s high-tech sector concluded a trade promotion road show to Nicaragua last week, with the aim of finding new markets for Taiwan’s technology products in Latin America.

Wind energy developer Blue Power & Energy has awarded Vestas Wind Systems with the 39.6MW order for the La Fe – San Martin wind power project near Nicaragua’s eastern coast.

Nicaraguan exports in 2011 have registered US$688 million, a 23.28 percent growth when compared to the same period of 2010.

During the first semester of 2011, Nicaragua was the Central American country with the highest growth in apparel exports (in terms of volume) to the United States, when compared to the same period last year.

Nicaragua recently ratified the free trade agreement between Central America and Chile, with the objective of boosting and diversifying bilateral trade and promoting investment.

Nicaragua participated in the Sourcing at MAGIC event , with the objective of showcasing the country as the most competitive, up-and-coming apparel manufacturer in the region.

PRONicaragua recently organized the country’s premier investment forum titled Nicaragua, Let's Grow Together!, which is expected to attract approximately US$200 million in FDI in the upcoming months.

AJEGROUP, a multinational Peruvian company that distributes beverages, recently announced to expand its operations in Nicaragua by reinvesting approximately US$25 million to further distribute its product in the Nicaraguan market.

Nicaragua recently received a high-level delegation from the People's Republic of China with the objective of evaluating socio-economic development projects in Nicaragua.