Nicaragua opens its doors to investors

The General Ports Act, which was passed in mid-May, allows private companies to invest in Nicaragua’s ports, ending the exclusive role of the State as the sole investor and operator in the sector.

Silva confirmed that there are many investors interested in developing port infrastructure in Nicaragua, particularly at Monkey Port, the long-awaited first port terminal on the country’s Atlantic coast. Asked what type of facilities Nicaragua was seeking to develop, he replied, “containers, multipurpose and liquid fuel”.

The ports law regulates matters related to the administration and operation of Nicaraguan port facilities, marine terminals and inland waterways; their construction, development, use and exploitation; and management and regulation of forms of public and private participation.