Testimonial about the success of the sugar cane industry Monte Rosa (Pantaleon) located in Northwest Nicaragua.
Aug. 29, 2013 - PRONicaragua, the official investment promotion agency of Nicaragua, recently organized a work mission in Mexico City from September 23rd to the 26th with the objective of presenting Nicaragua as a competitive platform for the production and exports of manufactured and agroindustrial goods towards the world's main markets.
“It is important for us to directly communicate with companies interested in exported manufacturing and agribusiness products, primarily to the markets of Mexico, the U.S. and Central America", expressed Vinnitsa Leytón, Investment Promotion Director of PRONicaragua.
On September 25, PRONicaragua organized an investment forum in the Intercontinental Presidente Hotel in the Mexican capital in order to present the competitive advantages Nicaragua offers sectors such as light manufacturing and export-oriented agroindustry.
During the event, businesmenn from the manufacturing, financial and agribusiness sectors participated, as well as representatives from the Mexican Business Chamber of Commerce, Investment and Technology (COMCE, for its acronym in Spanish).
In 2012, foreign direct investment inflows originated from Mexico reached US$183 million, a 59 percent increase versus 2011. The sectors in which Mexico primarily invested in that same year were industry and telecommunications, which represented 92 percent of total Mexican investment. Additionally, Nicaragua exported approximately US$70 million to Mexico in 2012, while the main export products to this country were peanuts, sugar, meat and shrimp.
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