The availability of local supplies of raw materials could lead to a resumption of companies such as Cone Denim and the arrival of more companies.
Nicaragua imports 400 million square meters of cloth annually to supply the growing maquila industry.
Elnuevodiario.com.ni reports that "The Minister of MAGFOR, explained that according to calculations by specialists, they expect to yield more than 15 quintals of cotton per acre, however, the plantations in La Cascada, could yield much more. ‘Historically, this product has needed a lot of manpower, so we began this experiment with a moderate amount, we hope that if the results are good, as we are seeing, we will gradually increase cotton planting ’, he said. Bucardo said that the cotton market is large and has plenty of demand, especially for organic cotton like that being planted in the country.
Dean Garcia, Executive Director of the Nicaraguan Association of Textile and Apparel, Anitec said that while it is true that this production of 1.600 acres of cotton meets the needs of a single company, producers will be exporting in order to take advantage of good prices on the international market.
Source: elnuevodiario.com.ni
More on this topic
January 2012
The Salvadoran government will promote organic production of grain in order to improve the quality of life of farmers.
Guillermo Lopez, Minister of Agriculture and Livestock, MAG, stressed that their commitment as a government is to "produce organically . It is families who work in the fields and we do not want children to work with poisons, but biological products that are made integrally . "
September 2011
Starting today, September 21, the First Central American Congress on Organic Agriculture takes place in Tegucigalpa, Honduras.
The conference aims to promote sustainable consumption and production as a means to improve quality of life.
Experiences in Central America in terms of production, processing, marketing and research of organic products will be shared and documented.
March 2012
A pilot project of 1,600 hectares of cotton cultivation has been highly successful, and this year up to 5,000 hectares could be sown.
The Nicaraguan Cotton Reactivation pilot project was planning on planting 2,800 hectares. However, the 16 producers who enrolled in the venture only cultivated 1,600 hectares. Nevertheless the experiment was considered "a complete success" states an article on Laprensa.com.ni.
July 2011
The Ministry of Agriculture and Forestry is projecting a first harvest of 1.5 million quintals of the staple grain.
A production amount which, in the opinion of Agriculture and Forestry Minister, Ariel Bucardo Rocha, will affect the decline in bean prices.
"We are on the verge of harvesting the bean crop, we have planted over 100,000 acres of beans, especially red beans," said the representative.
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