Guatemala: Investment Coordination Entity

The objective is to provide unified direction to the different public and private efforts in trade and investment promotion.

Wednesday, August 12, 2009


The new entity could be named Guatemala Trade and Investment (GTI), and would coordinate the activities of Invest in Guatemala, the national competitiveness program (PRONACOM), and the Commercial Attachés (PACIT), through an executive committee composed by members of the public and private sector.

David Cristiani, vice minister of Commerce, and Julio Héctor Estrada, director of PRONACOM, said to that "it is necessary to strengthen programs like Pacit and improve investment attraction and trade".

More on this topic

Guatemala unveils four-year plan to draw US$1.5 billion investment

May 2008

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.

The plan was unveiled by the National Program for Competition (Pronacom) and the Invest in Guatemala investment agency as part of a national strategy for development. The heads of Pronacom, Julio Héctor Estrada, and Invest in Guatemala, Mario Marroquín, presented the plan.

Guatemala Promotes Agro-industrial Investments

August 2010

According to the country's agency responsible for encouraging foreign direct investment (FDI), the agro-industrial sector is the most promising and important.

Fanny Estrada, director of the Guatemalan Exporters’ Association (AGEXPORT), commented that in several cases, "while demand exists for a product there is insufficient supply capacity," and added that, "there is potential to increase output in these areas".

Guatemala sets sight on US$615 foreign investment this year.

May 2008

Guatemala is aiming to attract US$615 million in foreign investment this year, said Julio Héctor Estrada, executive director of the competition program, Promacom.

The National Program to Promote Competition has set its sights on foreign investment of US$1.5 billion in 2011.

Asian companies mull investment in Guatemala

June 2008

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.

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.

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