Always building for the future
In 2018, Nicaragua was recognized once again in the Global Competitiveness Index, published by the World Economic Forum, for the progress made in the development of its infrastructure, getting ahead of Costa Rica, Guatemala, Honduras, and El Salvador.
Nicaragua’s energy sector has been developing with great momentum over the last years with important public and private investments nationwide. As a result, there has been a 95 percent increase in the installed capacity from 2007 to 2019, being 1,596 MW our current installed capacity. In this same time period, we have doubled our renewable energy sources, which now constitute 59 percent of our energy matrix generation.
Source: Ministry of Energy and Mines.
According to the World Economic Forum, Nicaragua is the country with the best roads in Central America and ranks sixth in all of Latin America. The national road network is composed of approximately 24,763 km.
Nicaragua has 12 aquatic ports, of which six are being used for commercial cargo transport. The Port of Corinto is the country’s main port and manages most of the commercial freight for export and import.
The country also has two international airports, three national airports, and six rural airports. The main one being Augusto C. Sandino International Airport, which was ranked as one of the safest in Latin America and serves as a connection to 15 international destinations every day.
Nicaragua’s telecommunications sector is privatized and is considered one of the most modern in Central America. Nicaragua is fully connected through the optic fiber rings Arcos, Maya, and Emergia, which are continuously updated to offer more sophisticated broadband services. The telecommunications regulating entity is the Nicaraguan Institute of Telecommunications and Post (TELCOR, for its acronym in Spanish).