The Manufacturers and Exporters association of Nicaragua (APEN) will invest over $675,000 during 2013 to promote their agricultural, leather, textiles, wood, and craft industries overseas.
Inter-oceanic canal in Nicaragua as an alternative to the Panama canal.
Nicaragua will be initiating the construction of the their Inter-oceanic canal starting in 2014 or early 2015 and ending in in 2019, the work will be executed by HKND from china under a figure from grant and exploitation. With this Nicaragua will allow the passage of larger vessels between the Caribbean and the Pacific.
With an economy based on non traditional employment, the current unemployment levels, raising the food and services prices, and increasing poverty levels, Nicaraguan citizens are saying that this is enough. According to a study by M&R Consulting, over 62% of the Nicaraguans will like a better standard of living, and more than 50% is willing to emigrate to the U.S., Costa Rica, and Spain.