Foreign Direct Investment
Foreign Direct Investment (FDI) is any form of investment that earns interest in enterprises which function outside of the domestic territory of the investor.
In Nicaragua, Foreign Direct Investment has grown gradually each year since the Government adopted policies that would attract foreign investors during the 1990's.
PRONicaragua, the official Investment Promotion Agency, announced in April 2011, the figures of foreign direct investment attracted by the country in 2010, which reached US$508 million, a 17 percent increase when compared to investment attracted in 2009, corresponding to US$434 million.
According to the Agency, FDI attracted in 2010 was led mainly by the energy, telecommunications and free zones sectors, which together represented 74 percent of all investment flows to the country. The development of these sectors has contributed significantly in increasing the country’s productive capacity and boosting its economy. Furthermore, it is important to highlight the upturn of the tourism sector during 2010, which grew nearly 75 percent when compared to 2009, reaching US$51 million in FDI and representing 10 percent of all investment attracted. Additionally, the sector set a record last year by receiving over one million tourists in the country in 2010.