FDI Increases by 32% in Nicaragua

Telecommunications, industry, services, mining and trade sectors were the main recipients of the investment.

The invested capital comes mainly from Venezuela, Mexico, United States, Canada and Spain.

Although foreign direct investment (FDI) increased by 32%, it is far from the goal set by the Government for 2011 of $1,039 million.

Information provided by the Deputy Minister of Industry and Commerce, Veronica Rojas, who "... does not rule out that this goal can be reached, even though up until June only 27 percent of that amount had been received," published Laprensa.com.ni.

"It is possible, there is always growing investment in the second half of the year", he said.

Source: laprensa.com.ni

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