FDI in Nicaragua

Foreign investment in Nicaragua has some very interesting rules and figures. Each site reports different numbers. In 2009 the country saw FDI at $230,000,000 or $5.29 billion Cordobas. Nothing crazy at that number. The high school in my town that was recently constructed costs the taxpayers $88,000,000. This year their FDI is much higher. They have the Tumarín Hydroelectric Dam project going on which is supposed to cost $700,000,000. This was rewarded to a Brazilian company. Still with that kind of money flowing in for an infrastructure project is very significant. FDI is poised to continue to rise because of the business stance the government has recently taken. They want more FDI. They have given tax breaks for certain products coming into the country and taxed others to the extreme. Chicken for example has an import tax but was recently dropped off the list because of a nationwide shortage. Sometimes it goes to waste because it can't clear customs without the proper paperwork. There are several articles on the net that describe this situation. Just Google it and you will find it with no problems. I have read several articles about Nicaragua allowing corn to come into the country when they have shortages. The government seems to allow imports of certain foods when prices rise. For example, the government has just started to allow powdered milk imports because of the recent price increase of milk. Milk is a difficult product there. FDI currently goes into energy , free zones, and tourism.