Surprise Findings Hot Off the Press
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WASHINGTON, DC, April 25, 2010 24-7 PressRelease International rankings by prestigious institutions have recognized Nicaragua not only as one of the safest destinations in the region, but also as the fastest country in which to start a business and the country that best protects its investors.
The Economist Intelligence Unit 2010 (EIU), a global leader in business intelligence, positioned Nicaragua as the second safest country in Central America, only behind Costa Rica.
The Global Peace Index 2009 (GPI) also placed Nicaragua as the second safest nation in the Central American region in its ranking of over 144 countries. Nicaragua is number two after Costa Rica.
The World Bank’s “Doing Business Report 2010” has ranked Nicaragua as the fastest country in which to start a business in Central America by This category measures business regulations and the protection of property rights, as well as their effect on businesses. The study placed Nicaragua in the number one position within the Central American region, followed by El Salvador and Costa Rica.
This same World Bank Report also positioned Nicaragua as the country that best protects investors, measuring transparency of transactions (extent of disclosure index), liability for self-dealing (extent of director liability index), shareholders' ability to sue officers and directors for misconduct (ease of shareholder suits index) and strength of investor protection index.
Recent announcements of new investments projects in the country reinforce the above statements. PRONicaragua, the official investment promotion agency of Nicaragua, recently reported that nearly US$1 billion are expected to flow into the country in terms of foreign direct investment (FDI) during the next couple of years as a result of numerous projects soon to be developed in different economic sectors.