The Love Affair Between Government and Business in Nicaragua

Ruben Dario’s country, shows a panorama - unsuspected only a few years ago - of the successful relationship between the government’s policies and business goals.

Wednesday, August 17, 2011

A report by Pastrán details how activities and discussions by businesses and government representatives, are in agreement ensuring stability and economic growth for years to come.

"Private entrepreneurs and representatives of large capital today have became the best managers in the Nicaraguan government in the face of potential new foreign investors, offering a country full of opportunities ... A forum organized by the government investment agency that promotes investment, Pro Nicaragua, and the Council for Senior Private Enterprise, COSEP, reflected another country, rife with consensus and enthusiasm for the Nicaraguan government’s economic policies, while the political opposition and social agencies reported the establishment of a dictatorship and claim alleged fraud in the November 6 elections ... The government of Nicaragua said today to a group of potential foreign investors that the country has sufficient economic stability and will continue in the program with the International Monetary Fund beyond 2012 ... Presidential adviser for economic affairs , Bayardo Arce Castaño, noted that economic growth has been achieved because all the operators of any size and any color are supported and that you must keep in mind that in order for growth to become a reality you have to shore up the country's macroeconomic stability...”

More on this topic

Business Forum Starts in Nicaragua

August 2011

Organized by ProNicaragua and the Superior Council of Private Enterprise (COSEP) the event "Nicaragua Growing Together" aims to attract investments in all sectors of the Nicaraguan economy.

The investment forum aims to gather together business owners and executives in the country to talk to a visiting group of investors about the business benefits on offer.

Nicaragua, Attractive Investment Destination

January 2012

The Government is emphasizing the understanding and agreement between employers, workers and officials on issues like the minimum wage.

Nicaragua seeks to position itself as an attractive and reliable place for foreign investment and to attract innovative projects, states the investment promotion agency ProNicaragua, which is preparing three business forums this year.

Nicaragua is a Land of Opportunity

March 2009

FTAs, a skilled workforce and the proximity to strategic markets are among the attractions for investors in Nicaragua.

In its April 2009 issue, Revista Summa will publish an exclusive interview with Javier Chamorro, Executive Director of ProNicaragua which is directed at getting to know the advances in attracting foreign direct investment and the plans that will be developed during 2009.

Nicaragua, a Magnet for Foreign Investment

November 2011

It is estimated that the current government will have accrued $3 billion by the end of its term, an increase of 140% compared to the previous administration.

The arrival of companies interested in investing in the country has continued, even during the election process.

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