LATIN AMERICA
Company Information
INDUSTRY
Nicaragua ’ s official investment and export promotion agency
COUNTRY
Nicaragua
EXECUTIVE DIRECTOR
Javier Chamorro
An example of success in the cocoa industry in Nicaragua is the case of Ritter Sport , internationally recognized company dedicated to the production and marketing of fine chocolates from around the world . The company first entered Nicaragua in 1991 , buying and supporting the production of small cocoa farmers , due to their excellent quality . Beginning in 2011 , the company decided to invest around U . S . $ 25 million in cocoa plantations of at least 3,500 hectares and in 2012 began to expand its operations and that Nicaragua had found the ideal conditions for the production , processing and export of cocoa .
KEY PEOPLE
General Alvaro Baltodano , Presidential Delegate for investment
WEBSITE www . pronicaragua . org
www . pronicaragua . org 97