Inversión extranjera en Nicaragua

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1 GOBIERNO DE ESPAÑA Sistema Económico Latinoamericano y del Caribe Latin American and Caribbean Economic System Sistema Econômico Latino-Americano e do Caribe Système Economique Latinoaméricain et Caribéen Inversión extranjera en Nicaragua Margarita Talavera R. Directora de Promoción de Inversiones PRONicaragua Taller de la UNCTAD Promoción de Inversiones para el Desarrollo Económico y Social de América Latina y el Caribe Caracas, Venezuela 4 al 7 de noviembre de 2008 SP/UNCTAD-TPIDESALC/Di N 12-08

2 Copyright SELA, October All rights reserved. Printed in the Permanent Secretariat of SELA, Caracas, Venezuela. The Press and Publications Department of the Permanent Secretariat of SELA must authorise reproduction of this document, whether totally or partially, through The Member States and their government institutions may reproduce this document without prior authorisation, provided that the source is mentioned and the Secretariat is aware of said reproduction.

3

4 Agenda Agency Presentation Objective Impact of FDI Organizational Structure Areas of Focus

5 PRONicaragua: Investment Promotion Agency Complementary Support Services Country information: general information, incentives, cost information, and regulatory information. Staff Customized site visits to Nicaragua Start up services and investment facilitation Your companyʹs office in Nicaragua Bilingual investment promotion professionals Internationally trained management Local expertise to help get your projects implemented

6 Objective Attract quality investment projects that: Promote the sustainable growth of the economy, human resource develpment, the transfer of technology and linkages with local companies Generate jobs Implement social responsibility programs with their workers and the communities they operate in Respect the environment

7 Impact of FDI The new investments need to have a positive impact at a macroeconomic level, and also a direct impact in the population given its multiplying effect, which can be reflected and valued through the changes in: Quality of life of workers Development in the communities The quality of jobs that are being created Gender equity

8 Organizational Structure Special Commission for Private Investment

9 Main Areas of Focus 1. Market Intelligence & Comunication 2. Investment Promotion 3. Regional Development 4. Aftercare

10 Market Intelligence and Communications Department News monitoring (international, regional and local) Subscription and Training for research tools Research and update of key macroeconomic country data Monitoring of Risk Indexes/ Competitiveness/ Doing Business Indexes PR Campaign (local and international) Development of Promotional Material

11 Investment Promotion Department Develop investment promotion strategy based on thorough research Organize and participate in roadshows to promote investment opportunities in specific sectors Participate in tradeshows to build Nicaragua s image Facilitate general and personalized information to potencial qualified investors Facilitate key private and public sector contacts Coordinate tailormade site visit agendas based on the specific needs of each company Provide support during the evaluation, decision of investment and reinvestment projects

12 Prioritized Sectors 1. Textiles & Apparel 2. Assembly and Manufacturing 3. Tourism 4. Contact Centers y BPO 5. Agribusiness and Forestry 6. Energy and Infrastructure

13 Regional Development Diversify the investment destination within the national territory Gather economic and demographic information about regions and develop a uniform strategy with municipalities to attract investment in areas that go in hand with regional development goals Create a wide network with municipal government and institutions Promote and facilitate linkages

14 Aftercare Facilitate the establishment of confirmed projects Support investors through any obstacle they may find during the establishment and operation of their projects Generate reinvestment projects Manage the interinstitutional relationships of the Agency Manage and monitor the Government Investor Network Develop tools to foster a better communication between Government and Investors Establish a channel to provide direct feedback to Government in improvement of the investment climate

15 Thank you

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