iconannual 2015 - The European Business and Investment Magazine

Nicaragua
Greetings
Dear readers!
H. E. Álvaro José Robelo González
Ambassador of Nicaragua to Austria, Liechtenstein,
San Marino, Greece, Saudi Arabia and United Arab Emirates
I
would like to thank Dr. Gerhard Hrebicek and his
staff for granting us the possibility to participate at the
Eleventh Edition of the European Business and Investment
Forum iconvienna. The Embassy of Nicaragua in
Austria is glad to engage in iconvienna hoping that it
will result in business opportunities for European and
Nicaraguan entrepreneurs.
Nicaragua's high and strengthened security (among
the highest security rates in the Americas) and the continued
dialogue and consensus among the businessmen,
the workers and the Government makes the country
particularly interesting and tempting for foreign businessmen.
According to a recent visit of the International Monetary
Fund (IMF), Nicaragua has an impressive increase
rate of its GDP being higher than the average value of the
economic increase rate of Latin America.
What is the advantage of Nicaragua?
• Nicaragua has a young and dynamic labour force
with its 76% of the population being below 39 years
of age and moreover it counts with a good education
due to the increased spending of the Government in
the basic, primary and superior education system.
• Nicaragua offers one of the most competitive cost
structures in the region granting companies the possibility
to increase their competitiveness and reduce
their operating costs.
• A solid legal framework for foreign investments is in
force protecting who decides to invest in Nicaragua.
• Generous investment incentives.
• Preferential market access offering for example trade
free for goods between the countries of the European
Union and Central America
• Favourable business climate through a dialogue involving
all private and public stakeholders in the
economy of a country.
Let me underscore the excellent convenience of the
alternative and renewable energy sector in Nicaragua:
being a country without crude oil production, it is a
land of strong winds, tropical sun an roaring volcanoes
which offer a wide range of energy production, already
put in place by the authorities. Nevertheless the Government
of Nicaragua plans to attract further investments
in that sector for a volume of US$ 4 billion in the next
15 years. It would be a pleasure to have Austrian and
European entrepreneurs among these.
Notwithstanding I also hope that iconvienna is a good
platform to become more acquainted with the proven
and renown classical products of Nicaragua as coffee, cacao,
rum and tobacco. Recently we also started to foster
the cultivation of chia seed, rich in omega-3 acids, which
enjoys great popularity in European countries.
Nicaragua welcomes all interested businessmen and
would be delighted to see them becoming partners with
Nicaraguan counterparts.
Foto: Embassy of Nicaragua
The European Business and Investment Magazine iconannual 45