Nicaragua Presents II International Investment, Industry and Commerce Fair

    WASHINGTON, DC, May 20, 2010 /24-7PressRelease/ -- The Chamber of Commerce of Nicaragua (CACONIC, for its acronym in Spanish), the Chamber of Industry of Nicaragua (CADIN, for its acronym in Spanish), Nicaragua's Center for Exports and Imports (CEI, for its acronym in Spanish) and PRONicaragua, the official investment promotion agency of Nicaragua, officially announced the II International Investment, Industry and Commerce Fair, which will take place on August 26 through the 28th at the Crowne Plaza Hotel in Managua.

The event will be held under the theme "Connecting the World" and is aimed at entrepreneurs, companies, national trade missions and international organizations interested in exploring business and investment opportunities in Nicaragua. The fair will also promote efficiency in business management and production processes, enabling companies to be updated on the progress of technologies and services that are available to achieve better economic performance.

More than 60 companies will attend the event, representing countries such as Taiwan, Brazil and Mexico. These companies focus on different products such as natural gas, machinery, plastics, security, and modern technology, among others.

The goal of the fair is to foster business opportunities between Nicaraguan entrepreneurs and foreign investors, while promoting the establishment of new investments in the different economic sectors. The event demonstrates a national commitment between private associations and the Government of Nicaragua to work together to promote economic development in the country.

Some of the topics discussed during last year's edition included an overview of Nicaragua's industrial sector, market access, guidelines to offshoring, the latest industry trends and the country's main investment opportunities in manufacturing.

During the first four months of 2010, Nicaragua's exports reached US$653.9 million, which represents a 31.8 percent increase in value as well as a 28.67 percent increase in volume when compared to the same period in 2009.

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

PRONicaragua is the Nicaraguan Investment Promotion Agency, established in 2002. It is a non-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment. The agency provides complimentary support services to qualified investors seeking investment opportunities in our country. For further information, please contact us at (505) 2270-6400.

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