South Caribbean Coast Autonomous Region: Difference between revisions

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== Economy ==
 
 
Fishing is a fundamental part of the life and culture of the Caribbean Coast, its more than 551 kms of coastline represent 70 percent of the national fisheries production with an enormous potential for hydrocarbons. By 2016, the region contributed to the national fisheries production in 23.74 million pounds, out of which 76 percent was exported with a value estimated at US$126 million.
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The Caribbean Coast is one of the world's most recognized touristic regions. The saturation of traditional touristic destinations, as well as the price increases at these locations, create an important opportunity for the Caribbea Region to present new offers at attractive prices. Furthermore, it is an excellent opportunity to increase not only the number of tourists but also of investors in the hospitality and tourism industry overall.<ref>{{Cite web|last=PRONicaragua|title=PRONicaragua {{!}} Investments|url=http://pronicaragua.gob.ni/en/discover-the-caribbean/|access-date=2021-04-13|website=PRONicaragua Investments|language=es}}</ref>
 
=== Agriculture ===
Approximately 30 percent of the Caribbean Coast’s labor force forms part of the agriculture industry. The region has vast land extensions ideal for the production of coffee, cocoa, palm oil, coconut, bamboo, and rubber.
 
The Caribbean Coast has enormous potential for forestry activities. The region represents an estimate of 37,394 km² of land with potential for timber production of high commercial value such as mahogany, laurel, and teak.
 
== Transportation ==