Nicaragua Courting Chinese Textile Investment

The executive director of the Investment and Promotion Agency ProNicaragua, Javier Chamorro said that goal during the missions is to visit garment factories.

"The intention is to build on the brands and retailers who "are moving their production to Central America", due to increased production costs in China, which range from the question of salaries to the rising cost of transportation", explained an article in La Prensa.com.ni

Meanwhile Dean Garcia, executive director of the Nicaraguan Association of Textiles and Apparel (Anitec) notes that it is essential that the country expands its range of apparel products in order to attract more investment to the sector.

Source: laprensa.com.ni

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