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Amphibious houses: a solution to flooding?
Malacatoya, like so much of Nicaragua, is desperately poor, stunningly lush and ceaselessly cheerful. But this close-knit community outside Granada is haunted by a recurring ecological nightmare that...
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Nicaragua hopes to privatize its megaproject plans
MANAGUA, Nicaragua—Nicaragua’s 4% economic growth this year might be modest, but the Sandinista government’s growing portfolio of proposed megaprojects is anything but. The government’s...
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Milagro del Mar to announce major hotel deal
The storm clouds from the global financial crisis are finally dissipating over Nicaragua’s central-Pacific coastline. After two years of hunkering down to wait for a break in the inclement investment...
View ArticleSandinista sputnik ready in 2015
(posted Nov. 15, 9:00 a.m.)- The Sandinista government announced yesterday that it has finalized its contract with Chinese telecom company China Great Wall Industry to start building Central America’s...
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Wyndham, Nicklaus say ‘adios’ to Seaside Mariana
Two of the biggest names in tourism have terminated their partnership with Seaside Mariana Spa & Golf Resort, a massive development project planned for Nicaragua’s central Pacific coast. Wyndham...
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Nicaragua projects $11.5B in foreign investment by 2016
(posted Jan. 22, 2:40 p.m.)- The Nicaraguan government calculates its budding economy will attract $11.5 billion in foreign direct investment by 2016, according to presidential advisor Paul Oquist. In...
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Little Corn Island shows signs of growth
LITTLE CORN ISLAND—On the northern coast of Little Corn Island, a new boutique resort is expected to open within the next few months. The Yemaya Island Retreat will feature 16 luxury cabins, each...
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Wyndham signs with Nicaragua’s Milagro del Mar
It wasn’t so much goodbye as “hasta la próxima.” Less than three months after pulling out of the Seaside Mariana project, Wyndham Hotels and Resorts, the largest hotel group in the world, is back in...
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World Bank gives $40 million for land registration
More than 90,000 Nicaraguan families in the northern departments of Jinotega and Nueva Segovia will benefit from a $40 million World Bank project to regulate property rights and modernize government...
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Milagro del Mar rebounds, optimistic about future
On the sprawling 2,500-acre coastal grounds of one of Nicaragua’s more venerable central-Pacific development projects, there’s a rekindled excitement and restored optimism that hasn’t been felt here...
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