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Nicaragua free trade zone investment to grow

Thursday, November 20, 2014

Nicaragua's free trade zones will receive some $600 million of the $1.5 billion in foreign direct investment this year the government has forecast for the country, said Dean García, director of the Nicaraguan textile association.

Garment exports from the country's free trade zones are expected to grow 8 percent this year, while exports from the rest of the sectors operating in the areas will grow 10 percent, García said.

Last year, Nicaragua received $1.38 billion in foreign direct investment.

Source (in Spanish): El Nuevo Diario