Investor Guideline 2020
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INVESTOR GUIDELINE 2020 1 [email protected] www.pronicaragua.gob.ni Content PRONicaragua: Your Business Facilitator ................................................................................... 5 Discovering Nicaragua .............................................................................................................. 6 A democratic country ........................................................................................................... 7 Among the safest countries in America ................................................................................. 7 A dynamic economy ............................................................................................................. 8 Fiscal outlook ................................................................................................................................................. 8 Foreign Direct Investment Inflows and Exports ............................................................................................. 9 Strategic location ................................................................................................................ 10 Quality of life ..................................................................................................................... 11 General healthcare ...................................................................................................................................... 11 Tourist activities ........................................................................................................................................... 12 Nature .......................................................................................................................................................... 13 Culture ......................................................................................................................................................... 13 Nicaragua: ¡Let´s Grow Together! ........................................................................................... 14 Market access .................................................................................................................... 14 Free Trade Agreements ............................................................................................................................... 14 Free Trade Agreements in Negotiation ....................................................................................................... 17 Preferential access ....................................................................................................................................... 18 Bilateral Treaties for the Promotion and Protection of Investments .......................................................... 20 Logistics and infrastructure ................................................................................................. 20 Telecommunications.................................................................................................................................... 20 Electric grid .................................................................................................................................................. 21 Highway network ......................................................................................................................................... 21 Airports ........................................................................................................................................................ 22 Seaports ....................................................................................................................................................... 23 Operational Costs ............................................................................................................... 28 Water service costs ...................................................................................................................................... 28 Energy costs ................................................................................................................................................. 28 Telecommunications costs .......................................................................................................................... 28 Internet costs ............................................................................................................................................... 28 1 [email protected] www.pronicaragua.gob.ni Logistics cost ................................................................................................................................................ 29 Corporate real estate ................................................................................................................................... 29 Construction costs ....................................................................................................................................... 30 Human capital .................................................................................................................... 30 Education ..................................................................................................................................................... 30 Workforce .................................................................................................................................................... 31 Labor law ........................................................................................................................... 32 Types of Labor Shift ..................................................................................................................................... 32 Types of employment contract .................................................................................................................... 33 Fringe benefits ............................................................................................................................................. 33 Social security .............................................................................................................................................. 34 INATEC ......................................................................................................................................................... 35 Maternity leave ........................................................................................................................................... 35 Sick leave ..................................................................................................................................................... 35 Unionization................................................................................................................................................. 35 Minimum wage ............................................................................................................................................ 36 Investment opportunities ........................................................................................................ 37 Light manufacturing............................................................................................................ 37 Manufacturing of automotive components ................................................................................................ 38 Footwear manufacturing ............................................................................................................................. 38 Medical devices manufacturing ................................................................................................................... 39 Other light manufacturing processes .......................................................................................................... 39 Agribusiness ....................................................................................................................... 39 Nicaragua an agro-exportable Country ....................................................................................................... 40 Livestock, dairy and meat production ......................................................................................................... 41 Food processing ........................................................................................................................................... 41 Forestry plantations ..................................................................................................................................... 41 Outsourcing ........................................................................................................................ 42 Knowledge Process Outsourcing (KPO) ....................................................................................................... 42 Share Services Centers ................................................................................................................................. 42 Business Process Outsourcing (BPO) ........................................................................................................... 42 Renewable energy .............................................................................................................. 43 2 [email protected] www.pronicaragua.gob.ni Exploration and exploitation of mines ................................................................................. 43 Tourism .............................................................................................................................