Construction Industry

Construction
One of Nicaragua's two malls is being completely renovated and expanded. Copyright: Thinkquest Team 17749
Look around and the one thing that you will be sure to notice is the construction. Hotels, shopping centers, restaurants and clubs are just a few of the many buildings going up in Nicaragua. The government also plans major improvements of existing roadways and the creation of many new roads. All of this translates into a high demand for construction equipment which Nicarauga's local manufacturing sector does not produce. The construction industry has experienced ever-increasing growth since 1993 which is likely to continue. Furthermore, the new Tax and Commericial Justice Law as well as other recent legislation has made it easier for construction equipment to be imported.

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