Perenco Guatemala also donated $3 more millions to finance the establishment of the Jungle Infantry Battalion, a group that will protect "Laguna del Tigre and Biosfera Maya" National Park.

The donation was approved in the government newspaper, together with an Agreement "in which the company commits to donate $0.30 out of each petroleum barrel obtained from the Xan oil field to support the Jungle Infantry Battalion".

Source: elperiodico.com.gt

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July 2013

The Brazilian Development Bank has loaned $40 million to be used for the expansion of the Cocales-Tecum Uman highway to four lanes.

According to Alejandro Sinibaldi, Guatemalan Minister of Communications, this money is in addition to $40 million which the Central American Bank for Economic Integration (BCIE) has already granted to the ministry.

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December 2011

Experts on railways, ports, transport and highways are undertaking inspections of projects as part of the cooperation agreement signed between both countries.

A press release from the Ministry of Public Works and Transport reads:

About 20 Chinese experts on railways, ports, airports, transport and roads came to Costa Rica on Sunday and conducted inspections throughout the country as part of a cooperation agreement signed between China and Costa Rica in material infrastructure.

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The Ministry of Public Works has announced a program of intensive public works tenders which will run up until December 2011.

A press release from the Ministry of Public Works reads

The total amount to be tendered is approximately $113 million, which will bring enormous benefits to people as sources of direct and indirect employment, as well as strengthening the business sector, providing new infrastructure that will support development, protect life and economic activity.

Guatemala is Investing 15% Less in Infrastructure

August 2009

Due to low tax collection, the Government will postpone until May some road improvement projects.

Byron Paiz is the Communications, Infrastructure and Public Works vice minister of Guatemala. He stated that some projects, like the 4 lane expansion between Siquinalá, Escuintla and Cocales, which were scheduled for October, will be postponed until March 2010.