Free Zone Aiming for Footwear and Auto IndustryProNicaragua seeks to attract companies from the footwear and auto parts industry to operate in the country's free zones.Monday, January 2, 2012 Javier Chamorro, Executive Director of the investment promotion agency, ProNicaragua, noted that they are seeking to "generate development poles" in these two sectors. Source: laprensa.com.ni $10 Million Investment in FootwearSeptember 2011 TechShoes, a company of Brazilian origin, will establish itself under the tax free zone in Nicaragua. Business nervous over closing of Nicaragua's maquilasJune 2008 An announcement about the closing of various plants of the international consortium Nieng Hsing has raised anxieties in Nicaragua's business community about the future of the free trade zone and its 14,000 workers. International Footwear Fair in NicaraguaMarch 2012 On 13th and 14th June an event entitled "Nicaragua, the Right Step for Footwear Manufacturing" will bring together industry associations, manufacturers of global brands and international buyers. Nicaragua is a Land of OpportunityMarch 2009 FTAs, a skilled workforce and the proximity to strategic markets are among the attractions for investors in Nicaragua. |
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