WASHINGTON, DC, March 27, 2012 (Press-News.org) The Government of Nicaragua recently revealed that the country received US$967.9 million in foreign direct investment (FDI) during 2011, a new record for the country in FDI inflows and a 91 percent growth when compared to the US$507.9 million attracted in 2010.
The FDI attracted in 2011 was led mainly by the energy, telecommunications and free zones sectors, which together accounted for 52 percent of total FDI. The development of these sectors has contributed significantly in increasing the country's productive capacity and boosting its economy.
Specifically, in the energy sector, approximately 70 percent of the projects generated renewable energy, reducing the country's dependency on fuel and thus demonstrating the country's commitment in transforming its energy matrix. Additionally, investment in the telecommunications sector increased by 35 percent when compared to 2010. In the free zones sector, agricultural products and apparel manufacturing predominated, as well as business process outsourcing (BPO) services.
"The country's historic figures in foreign investment flows are a result of the government's effort in working alongside the private sector and labor unions in order to achieve macroeconomic stability in the country. The reduction of poverty and the shift in the energy matrix, are key factors that have led to social peace in Nicaragua", commented General Alvaro Baltodano, Presidential Delegate for Investments.
In 2011, Nicaragua attracted a total of 284 foreign investment projects, a growth of 57 percent when compared to 2010. Additionally, the origin of FDI has diversified, growing from 38 countries in 2010 to 41 in 2011, where countries like Canada, Spain and Korea stand out with a growing participation.
The country has also experienced a diversification in the foreign investment projects attracted with new and innovative subsectors including footwear manufacturing and horticulture.
According to preliminary figures, in 2011 Nicaragua held the highest index of FDI as a percentage of GDP for fourth consecutive year in Central America, reaching 14.1 percent. This figure will certainly allow the country to compete for first place in this index in the whole Latin America and the Caribbean region.
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.
Nicaragua Sets New Record in FDI Attraction
The Government of Nicaragua recently revealed that the country received US$967.9 million in foreign direct investment during 2011, a new record for the country and a 91 percent growth when compared to 2010.
2012-03-27
ELSE PRESS RELEASES FROM THIS DATE:
University of Maryland completes most extensive full face transplant to date
2012-03-27
Baltimore, MD -- The University of Maryland released details today of the most extensive full face transplant completed to date, including both jaws, teeth, and tongue. The 36-hour operation occurred on March 19-20, 2012 at the R Adams Cowley Shock Trauma Center at the University of Maryland Medical Center and involved a multi-disciplinary team of faculty physicians from the University of Maryland School of Medicine and a team of over 150 nurses and professional staff.
The face transplant, formally called a vascularized composite allograft (VCA), was part of a 72-hour ...
Finding reason in delusion
2012-03-27
Dementia -- an acute loss of cognitive ability -- can be marked by memory loss, decreased attention span, and disorientation. It occurs in severe disorders such as Alzheimer's disease. Despite the fact that the condition is common, especially among older persons, there is still a lack of effective treatment.
According to Prof. Jiska Cohen-Mansfield of Tel Aviv University's Herczeg Institute on Aging and Sackler Faculty of Medicine, dementia sufferers are often prescribed psychotropic drugs to mitigate symptoms such as delusions. But this tactic can cause more harm than ...
Corcentric Announces Larry Nemerofsky as Director of Client Integration
2012-03-27
Corcentric, a leading provider of centralized invoice processing solutions for the automotive aftermarket industry, today announced the appointment of Larry Nemerofsky to the role of Director of Client Integration. Larry brings with him more than 30 years of experience in collaborating with corporate and senior-level decision makers to conceptualize business models, formulate strategies, develop effective cross-functional relationships, and solve business problems.
Previously, Larry served as Director, Customer Advocate Team at Cardone Industries, where he was responsible ...
Study of employee substance use shows the need for supervisor training
2012-03-27
BUFFALO, N.Y. -- To curb employees' on-the-job substance use and intoxication, bosses need to do more than just be around their employees all day, according to a new study from the University at Buffalo Research Institute on Addictions (RIA).
"It's only when employees think their supervisor knows how to detect substance use -- and is willing to do something about it -- that employees' drinking and drug use on the job decreases," explains Michael Frone, PhD, senior research scientist at RIA and research associate professor of psychology.
"Contact with a supervisor, ...
Sleep apnea puts patients at risk for delirium after surgery
2012-03-27
DURHAM, N.C. – An anecdotal observation of a possible link between sleep apnea and post-surgical delirium has been measured and confirmed by a team of researchers at the Duke University Medical Center.
"The association between sleep apnea and postoperative delirium is big news because it may offer us a way to control postoperative delirium which can be devastating," said senior author Madan Kwatra, Ph.D., who is associate professor of anesthesiology at Duke.
The study appears in the April 2012 issue of Anesthesiology.
Delirium is not a minor consequence. The condition ...
West Antarctic ice shelves tearing apart at the seams
2012-03-27
A new study examining nearly 40 years of satellite imagery has revealed that the floating ice shelves of a critical portion of West Antarctica are steadily losing their grip on adjacent bay walls, potentially amplifying an already accelerating loss of ice to the sea.
The most extensive record yet of the evolution of the floating ice shelves in the eastern Amundsen Sea Embayment in West Antarctica shows that their margins, where they grip onto rocky bay walls or slower ice masses, are fracturing and retreating inland. As that grip continues to loosen, these already-thinning ...
HighPoints Learning Introduces Revamped AchieveMath.com Website. Affordable Online Math Tutoring Available Just in Time to Prepare for End of Year State Math Tests
2012-03-27
HighPoints Learning, Inc. a leader in online math tutoring for the past six years announced today that it is changing the game for online math help for students in grades 2-12. They just reduced the price of achievemath.com, their online guided math practice site from $40 to just $9.95 per month. HighPoints wants to make proven online math assistance available to everyone. "The United States is mired in 26th place among the world's nations in mathematics" said Dennis McLynn, vice president of marketing for Highpoints Learning. "The bulk of the under-performing ...
Joslin study finds excess insulin levels an unlikely cause of atherosclerosis
2012-03-27
Boston -- A number of studies have shown that excess insulin circulating in the bloodstream is a major independent risk factor for cardiovascular disease. However, a new study from Joslin Diabetes Center finds that this condition, called hyperinsulinemia, is itself not a cause of atherosclerosis.
In humans, insulin resistance, a condition in which insulin becomes less effective at lowering blood sugar levels, coexists with hyperinsulinemia. Both are associated with atherosclerosis, the buildup of cholesterol in blood vessels that causes coronary artery disease, heart ...
APA task force report outlines actions to end discrimination
2012-03-27
WASHINGTON -- Teaching students of all ages about the value of diversity and the serious mental health impacts of bias and stereotyping will help end widespread discrimination in the United States, according to a new American Psychological Association task force report.
"Not only is discrimination wrong from the perspectives of morality and justice, it is ultimately detrimental to our entire country. Diversity increases our strength," said task force Chair James M. Jones, PhD. "To thrive in a global economy within the context of the rapidly changing demographics in the ...
Substance use linked to Internet gambling
2012-03-27
This press release is available in French.
Montreal -- With the click of a mouse or touch of a mobile phone screen — in pyjamas or jeans — gambling is now at our fingertips 24/7 with Internet play. With this increased access to gambling, are online gamblers more prone to risky behaviours than offline gamblers?
A new study published in Cyberpsychology, Behavior and Social Networking, led by Sylvia Kairouz of Concordia University, has compared people who gamble offline only to people who also gamble online in an effort to answer this question. Her results show that ...
LAST 30 PRESS RELEASES:
Exposure to stress during early pregnancy affects offspring into adulthood
Curious blue rings in trees and shrubs reveal cold summers of the past — potentially caused by volcanic eruptions
New frontiers in organic chemistry: Synthesis of a promising mushroom-derived compound
Biodegradable nylon precursor produced through artificial photosynthesis
GenEditScan: novel k-mer analysis tool based on next-generation sequencing for foreign DNA detection in genome-edited products
Survey: While most Americans use a device to monitor their heart, few share that data with their doctor
Dolphins use a 'fat taste' system to get their mother’s milk
Clarifying the mechanism of coupled plasma fluctuations using simulations
Here’s what’s causing the Great Salt Lake to shrink, according to PSU study
Can DNA-nanoparticle motors get up to speed with motor proteins?
Childhood poverty and/or parental mental illness may double teens’ risk of violence and police contact
Fizzy water might aid weight loss by boosting glucose uptake and metabolism
Muscular strength and good physical fitness linked to lower risk of death in people with cancer
Recommendations for studying the impact of AI on young people's mental health proposed by Oxford researchers
Trump clusters: How an English lit graduate used AI to make sense of Twitter bios
Empty headed? Largest study of its kind proves ‘bird brain’ is a misnomer
Wild baboons not capable of visual self-awareness when viewing their own reflection
$14 million supports work to diversify human genome research
New study uncovers key mechanism behind learning and memory
Seeing the unseen: New method reveals ’hyperaccessible’ window in freshly replicated DNA
Extreme climate pushed thousands of lakes in West Greenland ‘across a tipping point,’ study finds
Illuminating an asymmetric gap in a topological antiferromagnet
Global public health collaboration benefits Americans, SHEA urges continued support of the World Health Organization
Astronomers thought they understood fast radio bursts. A recent one calls that into question.
AAAS announces addition of Journal of EMDR Practice and Research to Science Partner Journal program
Study of deadly dog cancer reveals new clues for improved treatment
Skin-penetrating nematodes have a love-hate relationship with carbon dioxide
Fewer than 1% of U.S. clinical drug trials enroll pregnant participants, study finds
A global majority trusts scientists, wants them to have greater role in policymaking, study finds
Transforming China’s food system: Healthy diets lead the way
[Press-News.org] Nicaragua Sets New Record in FDI AttractionThe Government of Nicaragua recently revealed that the country received US$967.9 million in foreign direct investment during 2011, a new record for the country and a 91 percent growth when compared to 2010.