The bill also deals with the distribution of royalties, the formation of a Mining Council, and the creation of environmental insurance.
A bill has been presented in the Guatemalan Congress to amend 30 articles of the Mining Act. Among the changes is the creation of a state mining company which may participate in public or mixed investments.
By July 30, the Secretary of Planning will list the projects to be included in the 2010 Budget.
One of them is the construction of the Northern Traversal Highway, known in Spanish as "Franja Transversal del Norte".
"The Infrastructure Investment program includes 4.303 projects, most of them in social investment, education, health care, security, and rural development", commented Viviana Lemus, sub secretary of Planning, in a Prensalibre.com article.