Asian companies mull investment in Guatemala
Korean and Taiwanese companies have agreed to study investment opportunities following a visit to Asia by senior officials of the Guatemalan investment promotion agencies, Pronacom and Invest in Guatemala.
Friday, June 13, 2008
The mission was headed by Julio Héctor Estrada, the executive director of Pronacom, and Carlos Diem, Invest in Guatemala's adviser on energy and natural resources.
A four-year plan to attract US$1.5 billion in foreign investment and promote the energy sector was unveiled last week by the Guatemalan government.
Guatemala is aiming to attract US$615 million in foreign investment this year, said Julio Héctor Estrada, executive director of the competition program, Promacom.
Called "Office for Investment and Commerce", it will be in charge of attracting investments and promoting the country's products.
On a recent visit the Development Director of Qatar expressed his country's interest in investing in Panama.
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