Foreign Direct Investment
in Central America
Monday, January 30, 2012
The countries have agreed to strengthen cooperation in the use of satellites, and made some business deals. There is also possible interest on the part of the Russians in a railroad worth $52 million.
The Nicaraguan Minister of Development, Industry and Commerce, Orlando Solorzano, and the Russian Deputy Foreign Minister Sergei Ryabkov, signed an agreement for economic cooperation and scientific and technical information.
Wednesday, January 25, 2012
Up to September 2011, the country received a net income of $541.7 million on account of Foreign Direct Investment (FDI), $95 million more than in the same period in 2010.
A press release from the Central Reserve Bank of El Salvador reads:
Tuesday, January 24, 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.
Monday, January 23, 2012
The Nicaraguan Government wants to attract Russian interest in production, tourism, education projects and intends to sign cooperation agreements.
Nicaragua wants to attract Russian investments through productive projects, investment protection, education and cooperation worth a total of $600 million, the government said.
Monday, January 16, 2012
34 new projects captured in 2011 and re-investment in high technology sectors such as services, life sciences, advanced manufacturing and clean technologies, have generated 7,728 new jobs.
A statement from the Costa Rican Coalition for Development Initiatives (CINDE) reads:
Friday, January 13, 2012
Authorities state that foreign agents are showing confidence in the rise of the Panamanian economy and its prospects.
Savings from foreign clients in the financial system in Panama increased by almost 19% last year compared to 2010.
Tuesday, January 3, 2012
With a growth rate of 7.5%, the country attracted $3 billion in foreign direct investment (FDI).
The Minister of Economy and Finance, Frank De Lima, said that implementation of Law No. 41 of August 24, 2007, which created a special regime for the establishment and operation of multinational companies, was a key factor for attracting FDI.
Monday, December 19, 2011
The projected figure of Foreign Direct Investment (FDI) this year, is 80% more than the figure for 2010.
Javier Chamorro, Executive Director of the State Agency for Investment Promotion Nicaragua (ProNicaragua) told the media that the initial projections were for $1,039 million, adding that the $900 million collected this year was "close to the original goal."
Wednesday, December 7, 2011
The country is not able to attract the capital that flows into the region, despite being the largest economy.
Costa Rica and Honduras are the countries who received the most foreign direct investment in Central America in 2011, leaving behind Guatemala near the bottom of the list.
Despite being the largest economy in the isthmus, Guatemala has lost the appeal that previously drove foreign companies to invest in the country.
Tuesday, November 22, 2011
In the first half of the year the country received $199 million more than in the same period last year.
Unlike previous years, Costa Rica is not located at the top of the list of countries attracting the most foreign direct investment in Central America, but has been replaced by countries like El Salvador and Nicaragua, who years ago were at the bottom of the list.
Tuesday, November 22, 2011
In the 80's, feasibility studies, essential guides to the interest of investors, were not carried out.
The lack of feasibility analysis is affecting investment flows coming into the country, as many investors are withdrawing from participating in projects where there are no feasibility studies.
Thursday, November 17, 2011
The Guatemalan government is committed to public-private partnerships that encourage investment in infrastructure.
Airports, ports and national highways could be built with input from the private sector through the creation of the new Council for the Promotion of Public-Private Partnerships, which aims to stimulate infrastructure projects crucial for the economic development of the country.
Tuesday, November 8, 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.
On the weekend of the presidential elections, two large companies, one interested in investing in the tourism sector and one in the food industry, toured the city while the population was in the process of voting.
Monday, October 31, 2011
Efforts to promote the country in Sao Paulo, Toronto and Madrid among other cities, are now generating tangible results.
25 multinational companies from around the world have expressed interest in setting up in Panama under the Law of Multinational Corporations (SEM in Spanish).
Thursday, October 27, 2011
"There is too much regulation and Costa Rica needs to be open for trade and business with international investors."
So said the Assistant British Foreign Minister for Latin America, Jeremy Browne, who believes that Panama and other countries are more open to investment
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