Nicaragua to Build Second Technological Park in Central America

    MANAGUA, NICARAGUA, July 01, 2012 /24-7PressRelease/ -- The National University of Engineering of Nicaragua (UNI, for its acronym in Spanish) announced the construction of the Julio Padilla Mendez Technology Park, the second of its kind in Central America.

Guadalupe Martinez, Executive Secretary of the National Council for Science and Technology (CONICYT, for its acronym in Spanish), said the inauguration of the technology park will be a breakthrough in development for micro and medium enterprises in Nicaragua.

The good news was announced during a meeting with managers of the Research and Technological Innovation Parks of Monterrey, Argentina, China-Taiwan and members of the International Association of Science Parks.

The objective of building a technology park in Nicaragua is to improve the quality and diversification of the products of micro and medium enterprises, increase export levels, and promote sustainable economic development.

Marcelino Castro, General Manager of the Julio Padilla Mendez Technology Park, explained that they are sharing experiences on the establishment and sustainability of technology parks in other countries in the region.

Castro commented that the importance of technology parks is bringing together universities, government, business, regional and international organizations to generate research, innovation, and above all to promote technology transfer between the parts.

The technology park built in the UNI campus Pedro Arauz Palacios, will occupy more than 8.92 hectares.

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 or http://pronicaragua.org.

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