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Expat Community > Nicaragua

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Business in Leon

7 years ago
I cannot say how accurate the information is but I have been told that Yakuz a, a manufacturer of auto parts and largest employer in the country is going to close production in Leon and move to Indonesia. That would be quite a financial blow. But corporations are always looking for the cheapest labor and lest governmental regulations. To Expats, it will mean we are even more important to the economy. But prices could fall or rise. If the information is correct it will close in August. I'm hoping they are negotiating to stay.

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