Foreign investment to Nicaragua up 17 percent

Nicaragua attracted $1.5 billion in foreign direct investment in 2013, up 17 percent from the previous year, state-run investment agency ProNicaragua said.

"Of the total foreign investment calculated for 2013, $105 million were invested by companies operating under the tax-free system, which represents an increase of 60 percent compared to 2012," said ProNicaragua.

ProNicaragua said the energy, telecommunication, mining, industry, trade, bonds and services are the sectors that benefited most from foreign investment.

Source: Bernama