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Development of Foreign Investment in Nicaragua Highlighted

(Prensa Latina) Foreign investment in Nicaragua will close over 1.4 billion dollars this year as predicted by presidential advisor for foreign investment Alvaro Baltodano.
As he said in remarks to journalists, in the months ahead companies should materialize various projects, which taxed the achievement of the stated goal.

He described the investments in his country as excellent, and said that is a result of the partnership model, dialogue and the consensus by the government of President Daniel Ortega.

He also found high levels of safety as another factor favoring the country.

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Baltodano noted that investment is diversifying, because until recent years, it was focused mainly on energy and telecommunications, while one of the most buoyant sectors of the Nicaraguan economy in the year 2015, is industry.

On the other hand, described 2015 as a good year, saying economic growth projections for this country -located in over four percent-, which places Nicaragua among the first places in Latin America.

He stressed that reality comes amid damages in international prices for some export products.

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