EXMIBAL/Inco initial investment
US$228 million
Concession 1971, inactive since 1980WikipediaEXMIBAL/Inco (nickel): initial investment of US$228 million under a 1971 concession, inactive since 1980. Telefónica (telecom): exit from the country in 2019 with a sale to América Móvil for US$333 million. Tahoe Resources (silver): flagship mine suspended in 2017 and the company absorbed by Pan American Silver in 2019 for some US$1,100 million with the asset idle. CGN/ProNiCo (nickel): sanctioned by OFAC in November 2022, operation affected. TCQ (ports): concession obtained with bribes, criminal proceedings in 2016–2018, an asset that survived under APM Terminals. Nestlé Nicaragua, as a contrast: plant closure in 2024 while investing in Guatemala (headline only).
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- OFAC sanction on CGN/ProNiCo
November 2022
2022Wikipedia - Sale of Telefónica Guatemala to América MóvilUS$333 million2019Wikipedia
- Absorption of Tahoe by Pan American Silver~US$1,100 million2019Wikipedia
- TCQ criminal proceedings2016–20182016–2018CICIG
