Fiber optic connectors are a substantial fragment of the global telecommunication industry. Optical fibers are joined using fiber optic connectors, which allow the light conduction between two consecutive optical fibers. An additional im…
BMI View: The short-term outlook for Nicaragua's construction sector is positive. A number of transport
projects are making progress, supported by regional development financing. A sharp slowdown in the
residential sector is however, weighing on growth, and major projects in the energy infrastructure sector
shave been subject to significant delays, further dampening prospects and resulting in much slower growth
in 2016 against 2015.
? Nicaragua has historically been heavily reliant on external funding from neighbours such as Venezuela
and Brazil to support infrastructure projects. The economic and political crisis in Venezuela will result in
a reduction in fiscal support to Nicaragua, curtailing the government's public spending plans, while
Brazil's corruption scandals are hampering various power projects.
? Without significant progress in the Nicaragua Canal project and in light of widespread opposition to the
canal and escalating legal challenges, we continue to withhold this project from our forecasts. As such,
we maintain our expectations for 7.3% growth in construction industry value in 2016, followed by slower
growth of 2.6% annually between 2017 and 2025.