Tourism in September 2014

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Investment Tours to September amounted to 81 million dollars.

The Nicaraguan Institute of Tourism (INTUR) at its Eighth Meeting Incentive approved eight million 619 thousand 823 U.S. dollars, with which the accumulated investments in 2014 amounted to 81 million 425 thousand 824 U.S. dollars. 

At the meeting, members of the Board of Tourism Incentives, discussed the importance of the declaration of commencement of operations 6 tourism projects including Riverside Splash Bar and restaurant in Leon, the expansion and remodeling of the Frontera Hotel in Ocotal and Managua Cultural and Tourist Centre Pablo Antonio Cuadra. 

JIT members approved the expansion of the Hotel La Gran Francia in Granada and the increase of the investment plan of the Hyatt Place. Also approved two new projects are the construction of a hotel in Nandaime and Construction of a Sports Tourism Complex at kilometer 16 Ticuantepe road. 

Everything indicates that tourism investments this year will exceed one hundred million dollars, because still three board meetings incentives, legal director said Omar Oporta INTUR companion. 

To date, of the 29 projects approved by the board of 25 corresponds incentives to private investors and four public sector, demonstrating the confidence of investors in the government of National Unity and Reconciliation, therefore legal certainty as to the safety personnel. 

Through all these projects 263 rooms with 377 beds will be added to the hotels. In turn, these projects generated during the construction phase and 2039 temporary jobs once completed will create 488 permanent jobs, the official explained INTUR.

As part of the law of incentives over 81 million approved to date, 63 million 573 thousand 380 U.S. dollars shall be exempt from tax, recalled Oporta. 

RELEASE, PRESS AND PR INTUR

Published by: INTUR
September 14th, 2014

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