Iran plans to invest in Nicaragua's energy and agricultural sectors, the Iranian ambassador to the country said Tuesday.
Iranian investments in Nicaragua's energy sector could reach 150 million euros (202 million U.S. dollars) under projects which include a dam and a hydroelectric plant, Ambassador Akbar Esmaeil Pour told local media.
Negotiations are also on regarding Iranian plans to build a multi-clinic in Nicaragua, Pour said.
"Once the Nicaragua-Iran mixed commissions reach an agreement, we expect to have Iranian funds, officers and technicians to build the project," the ambassador said.
Iran is interested in buying beef, coffee, rice and beans from Nicaragua, he added.
The Middle Eastern nation also seeks to build five milk plants and 10 collection centers at a cost of 10 million dollars to raise milk production in Nicaragua, Xinhua reported.
...