Foreign investment Increases by 79.1% in Nicaragua
Friday, March 27, 2009
Foreign direct investment in Nicaragua went from $335 million in 2007 to $600 million in 2008.
During 2009, the state agency for investment promotion, Pro-Nicaragua, expects to capture $600 million in investments, mainly in the energy sector.

An article published in Prensalibre.com reported that the executive director of Pro-Nicaragua, Javier Chamorro, explained that "the Nicaraguan Ministry of Energy and Mines recently signed a memorandum of understanding with the Andrade Gutierrez Company of Brazil for the development of feasibility studies at the Brito Hydroelectric plant located in the northern part of the country, whose investment cost is estimated at $300 million.
Source: prensalibre.com
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Source: prensalibre.com
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Key entities
Javier Chamorro ProNicaragua Ministerio de Energía y Minas (Nicaragua) Constructora Andrade Gutiérrez
Countries
Nicaragua Brazil
Insight
Foreign Direct Investment
RELACIONADO
Javier Chamorro
ProNicaragua
Foreign Direct Investment
foreign investment
Investment
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