The resources will be allocated for the development of pre-investment, construction, expansion and remodeling of university centers, colleges, among other units benefiting from the program, as well as the provision of machinery, furniture and equipment with state-of-the-art technology, explained the Central American Bank for Economic Integration (CABEI) in a statement.

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From the CABEI statement:

Guatemala City, April 1, 2019.- The Congress of the Republic of Guatemala approved a loan for US$120 million, which was granted by the Central American Bank for Economic Integration (CABEI), to finance the "Third Stage of the Investment Program in Infrastructure, Machinery and Equipment" to be executed by the University of San Carlos de Guatemala.

The resources will be destined for the development of pre-investment, construction, expansion and remodeling of University Centers, Colleges, among other beneficiary units of the program, as well as the provision of machinery, furniture and equipment with state-of-the-art technology.

Read full statement (In Spanish).

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