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BRIEF NEWS21
***Good public safety, attractive incentive policy and low labor cost are increasing investments in Nicaragua
Eduardo García, Corporate Affairs Manager of Walmart Mexico & Central America said he is satisfied with the Nicaragua investment environment, where his company has invested more than $13.5 million dollars this year. He noted that over 90% of agricultural products in Walmarts stores are produced in Nicaragua. Last year, the firm purchased $93 million dollars in Nicaraguan fruits and beef products, benefiting 940 farmers. To ensure high quality products, training has been imparted to farmers through the Tierra Fertil program.
Walmart Nicaragua has a win win relations with workers and farmers that continue to increase investments nation wide. “We have purchased more than $25 million dollars in fruits, vegetables and basic grains from 480 Nicaraguan farmers. In addition, Walmart International bought $10 million in grains, beef and fruits to supply markets in the United States…
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