Guatemalan Tourism Comission Cámara de Turismo de Guatemala Tourism Mariano Beltranena tourism Pedro Duchez Roberto Robles tourist Increased tourism Infrastructure Investment construction tourism decrease Bank of Guatemala Business and Investment Carolina López

Guatemala: Plans for Convention Center

The complex would have between 30 and 35 thousand square meters and would involve a public private investment of between $60 and $250 million.

Monday, June 25, 2012

Among the plans being analyzed by the government is the construction of a convention center to which a shopping mall and hotel would be added depending on the available resources, as "with everything together, it could mean an investment of $250 million, which is more difficult", said Peter Duchez, director of the Guatemalan Institute of Tourism. The works would include a tower for parking and road works.

"According to the schedule, the design is expected to be ready by the end of the year as well as approval of a law on regulations for the Partnership For Economic Development and Infrastructure. It is also is expected that the construction will take 18 months and the work itself will be completed in 2014", reported Prensalibre.com

Source: prensalibre.com

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Guatemala: No Promotion of Investment in Tourism

October 2012

Guatemala's hotel sector is concerned about lack of inclusion of the tourism category within the country’s investment promotion policies.

The first version of the National Competitiveness Agenda excludes the tourism sector, confirmed Jaime Day, director of the National Competitiveness Program, who said it would be added in the new version of the agenda.

Guatemala: Slight Increase in Tourism

September 2012

As of July 1, 069, 805 visitors have entered the country, 2.3% more than in the same period in 2011.

According to the Guatemalan Institute of Tourism (Intur), during the same period, the amount of foreign exchange recorded increased by 1.4%, with $784 million coming in.

Discussion Reopened on Public Private Partnerships

February 2012

The controversial bill has returned to the table of the National Coalition of Panama, where its specific application to four government initiatives will be analyzed.

The system of Public Private Partnerships (PPP) will be the subject of public debate in Panama, when it again comes to the table of the National Coalition this February 27th.

Guatemala Begins Public-Private Partnerships

October 2011

The inclusion of private companies in the development of the country's infrastructure is expected to improve competitiveness.

Roads, ports and airports are some of the works which from now on can be developed by private companies together with the state.

This will be possible once regulations for public - private partnerships have been finalized, establishing a legal framework under which tenders will be awarded for the construction of public works to private sector companies.