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Spain’s Globaltec Ingeniería investigates $50 million farm projects in Nicaragua

Monday, January 31, 2011

Executives from Spain’s Globaltec Ingeniería met in Managua with leaders of the Nicaraguan Farmers’ Union. They aim to explore business possibilities in Nicaragua.

Globaltec believes it might be useful to set up an office in Nicaragua.

The initial investment of any projects would come to no less than $50 million, with financing from European banks.

Original source (in Spanish): Efe