NICARAGUA PRESENTS ITS POTENTIAL FOR INVESTMENTS IN AGRIBUSINESS

MANAGUA, Nic- The Association of Producers and Exporters of Nicaragua (APEN), the International Regional Organization for Agricultural Health (OIRSA) and PRONicaragua, the official investment promotion agency of Nicaragua, organized the I Regional Congress of Traceability and Best Practices for Agricultural Food Products, as part of the IX EXPOAPEN Fair in Managua on September 26th and 27th.

The congress had a complete conference program by specialists who addressed issues such as: current market trends of food products, worldwide best practices, the importance of traceability and plant health and safety issues, as well as panel discussions with international guests.

More than 40 companies, including buyers and investors of the food sector, attended the event representing countries such as Panama, El Salvador, Mexico, USA and Dominican Republic. These companies focus on different sub-sectors such as nuts, fruits and vegetables, candies, juices, snacks, canned goods, floral and chemical essences, logistics services and cold rooms. The congress was an excellent opportunity to promote Nicaragua as an ideal destination for investment in the food industry and to establish contact with key industry companies.

The goal of the EXPOAPEN Fair is to foster business opportunities between Nicaraguan producers and foreign investors, while promoting the establishment of new investment in this sector. The event demonstrates a national commitment between private associations and the Government of Nicaragua to work together to confront the international crisis and promote economic development in Nicaragua.

Additionally, PRONicaragua, with the support of the Millennium Challenge Account (MCA), organized a site visit to Northwest Nicaragua on Monday, September 28th, with a group of more than 25 foreign investors interested in exploring the opportunities offered by the region for the development of agribusiness projects. During the tour, investors visited companies that are operating successfully in the region, attended a presentation by the MCA on the efforts to develop the agribusiness sector in Northwest Nicaragua and enjoyed a cultural show of national folklore dances.

Moreover, with the objective of promoting productive linkages between local producers and foreign investors, PRONicaragua organized a business round during the visit so that investors could meet with 37 national businessmen and assess the different opportunities to develop business together.

The event demonstrates PRONicaragua´s proactive efforts to attract world-class foreign direct investment to the country in order to promote economic development and job generation in Nicaragua.

For more information contact us at: [email protected] or visit our website www.pronicaragua.org