Colombia Discusses More Investments in Guatemala

Colombian companies are look to Central America as part of their expansion.

Tuesday, October 26, 2010

Rosa Maria Bolaños of Free Press, interviewed Colombia's ambassador to Guatemala, Juan Guillermo Angel Mejia.

"In recent years there has been an increase in Colombian investments in the country. How could you explain?

Not long ago we reached a pact with Mexico and that forced us to look to the southern U.S.. States; recent circumstances in South America made us think that Colombia has to diversify its markets and trade relations, so we looked to Central America and it is logical to think of Guatemala, although initially we focused on Costa Rica. "

More on this topic

Integration to Attract Foreign Investment

May 2013

"Each country is competing not with the private sector but with the world. If we do not join together it will be very difficult ": Eduardo Frei, former president of Chile.

In a conversation that Roxana Larios from had with Eduardo Frei, the former Chilean president, he urged the Guatemalan State to make alliances with the private sector using the concession model, pointing to the importance of compliance with environmental laws in order to avoid social conflicts in mining and hydroelectric projects.

Chinese Investors Visit Guatemala

May 2013

They are interested in finding out about the legal certainty offered with Guatemala and incentives that favor businesses who decide to settle in the country.

According to Alex Yang, CEO of the Halo industrial zone, located in Shanghai, they are looking to bring about solid business deals.

Opportunities from the U.S. Crisis

November 2012

Latin America may be the final destination of a trillion dollars whose placement has been paralyzed by the uncertainty caused by the fiscal situation in the United States.

An article in reviews the issue in respect to Manuel Escobar, vice president of investments of BBVA Puerto Rico, who highlighted the uncertainty that currently exists in the market, caused, mainly, by the U.S’s so-called 'fiscal abyss' , which, according to estimates, has caused close to a trillion dollars to be held by investors waiting to see how the situation unfolds. "There is a great amount of investment opportunity in the current situation, we just have to know how to take advantage of it."

Qatar Interested in Panama's Port Development

February 2011

On a recent visit the Development Director of Qatar expressed his country's interest in investing in Panama.

The Director of Business Development of the Ministry of Commerce and Industry of Qatar, Nassir Jarallah Al-Marri, explained his country is interested in developing major business projects with Panama and that they are exploring areas such as maritime and air ports, tourism, agriculture and trade.

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