Nicaragua includes Venezuelan refinery in $1 billion goal for this year’s foreign investment
Tuesday, April 12, 2011
Nicaragua hopes to achieve $1 billion in direct foreign investment this year.
The ProNicaragua investment promotion area indicates that the main new items will be $300 million for electricity investment and $350 million for hydrocarbons, mainly associated with the El Supreme Sueño de Bolívar to be built by Venezuela.
The refinery, which is to be built in western Nicaragua, will have a 150,000 barrels per day capacity to process crude.
Original source (in Spanish): La Prensa