Accredited Business Consolidators Corp. Warns United States Enterprises to Immediately Create Investment Strategies in Nicaragu
June 11 2013 - 5:39AM
Accredited Business Consolidators Corp. (OTC:ACDU) today issued a
warning to United States enterprises and investors to immediately
develop investment strategies in Nicaragua.
AccreditedBiz notes that North America is lagging behind in its
investment in Nicaragua while other countries move forward in the
region. On June 10, 2013, the legislature in Nicaragua approved a
concession for Hong Kong based HK Nicaragua Canal Development
Investment (HKND) to move forward with its plans to build a canal
through Nicaragua. The project will bring in over $40 Billion
into the Nicaraguan economy and create over 40,000 professional
jobs. Long term, the project will increase Nicaragua's
economy. While many news outlets are spending time speculating
about the background of HKND, the enterprise already appointed well
credentialed spokespersons, such as Ronald MacLean Abaroa, the
former mayor of Bolivia's capital, La Paz, who was the Lead Public
Sector Specialist for the World Bank. Contrary to speculation,
HKND appears to be spearheaded by Chinese telecommunications
company Xinwei. Xinwei's chairman, Mr. Wang Jing, made it
clear that he intends to retain United States and British
consultancy companies and to seek outside investment into the
project. His invitation for American involvement should not be
forsaken.
Many funds are reluctant to invest money in Nicaragua citing the
political situation over twenty years ago. However, it is
clear that the administration in Nicaragua, including President
Daniel Ortega, has been modernizing the business code, eliminating
corruption, and strengthening property rights including equal
protection for foreigners buying land and making investment.
It appears clear to AccreditedBiz, from its operations in
Nicaragua, which ranged from purchasing over one kilometer of land
in the Bay of Bluefields, where the canal may begin, importing and
distributing auto parts, investments into hotels, and trade
involving local art, that the present administration desires
nothing more than for international business to occur and for it to
flourish. AccreditedBiz witnessed dramatic improvement in
Nicaragua's infrastructure including highway development, enhanced
postal services, modern telecommunications, widespread availability
of high speed internet, a well managed airport, increased tourist
programs, improvements to tax administration, judicial efficiency,
and a substantial reduction in corruption.
Nevertheless, North American investors continue to ignore
Nicaragua's opportunities. This situation should be revisited
and all opportunity that would enable investment and consideration
in the Grand Canal program should be explored.
ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.
Accredited Business Consolidators Corp. is a publicly traded
diversified holding corporation with business interests ranging
from its ownership of over 1 kilometer of bayfront land in
Bluefields, Nicaragua, near the potential point of entry of the
Grand Canal, to internet hosting and bulk medicine purchase
plans.
CONTACT: Accredited Business Consolidators Corp.
c/o Accredited Suppliers Nicaragua S.A.
De La Estatua de Montoya
1 Cuadra al Sur
Casa Esquinera
Apartado PA-228
Managua 10000
Nicaragua
+1-267-864-7737
+505-8796-8888
info@accreditedbiz.com
www.bluefields.accreditedbiz.com
www.accredihost.com
www.accreditedrx.com
www.accreditedbiz.net