Before the end of the year a government agreement could be ready which would unify the various departments for promoting investment as well as the creation of the Guatemala Trade and Investment entity.
Prensalibre.com reports that "...Rubén Morales, economy minister, said the goal is to manage this body through an executive committee made up of representatives from the public and private sectors, and which would be chaired by the Minister of Economy."
The new office will operate in Tel Aviv in a mixed format which will integrate the functions of trade promotion with the Embassy of Costa Rica in the country.
From a statement issued by PROCOMER:
Tel Aviv - San Jose, September 26, 2016.With the aim of promoting an approach and laying the foundation for the commercial promotion of Costa Rica in the State of Israel, September 26 saw the conclusion of the visit by Minister and Chairman ofthe Foreign Trade, Alexander Mora Delgado, to the cities of Tel Aviv and Jerusalem. During the three days of tours, the minister inaugurated the PROCOMER trade promotion office in Tel Aviv; officially launched the country brand essential COSTA RICA in Israel; and gave a masterful presentation - Doing Business with Costa Rica - followed by a discussion with a large group of Israeli entrepreneurs interested in expanding to Costa Rica.
It has been announced that by the end of the year a new office will be operating to promote the arrival of more foreign investment to the country.
The Minister of Economy, Ruben Morales, told S21.com.gt that they are "... 'working on the design of a new entity through a Government Decision, in which we will group different functions which used to be developed by Investment Summit, and which will coordinate with commercial attaches abroad in the activity of promoting foreign investment and trade as well as import and exports.'"
The Chamber of Industry and the government have organized for November 9 and 10 an international investment forum which will include a business matchmaking service between companies and also conferences.
From a statement issued by Guatemala Investment Summit:
Lack of water is stopping productive development, and at the same time the very same disorderly development is causing shortages in several areas of the country.
Lack of water is stopping productive development, and at the same time the very same disorderly development is causing shortages in several areas of the country. The Central Valley is one of the areas already feeling the effects of the lack of infrastructure, as well as well defined plans, - a difficulty in Costa Rica- well executed by public institutions.
From September 27 to 29 Costa Rica will be hosting an event which brings together representatives from companies and free zones in Latin America and other continents.
The Association of Free Zones of the Americas will be holding the XX Conference on Free Zones of the Americas, a space which will bring together representatives from the most important countries and free zones in Latin America, to discuss and exchange experiences and knowledge.
Registration has been opened in El Salvador for investment projects that require complementary public infrastructure works to be financed with funds from the Program Apuesta por Inversiones´ Fomilenio II.
There will be about $75 million available for the API Investment Program, part of the $277 million donated by the US government through the Millennium Challenge Corporation (MCC), supplemented with $88 million contributed by the Salvadoran government, making a total of $365 million for investing in a period of 5 years.
PRONicaragua, is the Nicaraguan Investment Promotion Agency, established in 2002. We are a non-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment. The Agency provides complimentary support services to qualified investors seeking investment opportunities in our country.
Operates in Nicaragua
Phone: (505) 2270 6400
Generates business opportunities by linking supply and demand of goods and services between Central America and the rest of the world.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 225 4786
Key representative/s from the Guatemalan Exporters’ Association last 13-15 October attended the 8th TPO Network World Conference to exchange ideas and best practice around stimulating export-led economic growth and meeting the urgent challenges in the sector.