News

Brazilian footwear firm to invest in Nicaragua

18/10/2011

Brazilian shoe manufacturer Aniger has set up a new subsidary in Nicaragua, Tecshoes, which will begin to make shoes in the Central American country as part of a free-zone regime in December. An initial investment of $6 million will allow Tecshoes to create 1,200 jobs in the next 18 months and produce up to 10,000 pairs of shoes a day. The...

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