Nicaragua Launches $5bn Investment Plan to Bolster Trade and Innovation

Nicaragua today presented its Policies and Development Projects to Enhance Investment 2017-2021 plan, which includes an investment value of more than US$5 billion. This plan aims to expand national infrastructure, …

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Nicaragua today presented its Policies and Development Projects to Enhance Investment 2017-2021 plan, which includes an investment value of more than US$5 billion.

This plan aims to expand national infrastructure, improve production, and facilitate trade, with an aim to attract more foreign investment.

Part of the plan seeks to boost technological innovation in the industrial sector, as well as the creation of technology parks and specialized information systems.

The government intends to obtain resources through concessional financing, tax collection, placement of sovereign debt in international capital markets, a guarantee fund, and private investment.

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