Guatemala Will Invite Bids for Mega Projects on 2011Enlarging Port Quetzal is the largest project in a list of initiatives that will be developed using the recent Law for Development Alliances (“Ley de Alianzas para el Desarrollo”).Monday, May 17, 2010
Passed on April 13, this law allows the state to entrust private operators with executing and administering large infrastructure projects. The State provides a regulatory framework and controls the execution of the project. Source: prensalibre.com ¿Busca soluciones de inteligencia comercial para su empresa?Investment Projects in GuatemalaJuly 2012 A regional airport, a highway on the Pacific, and other road projects would be feasible within the framework of the Law of Partnerships for Economic Infrastructure Development. Guatemala: Council of Mixed Investment Initiates WorkNovember 2011 The country's council for development partnerships (Conadie) will be responsible for approving investment and infrastructure projects to be carried out jointly by the government and private sector. Guatemala: Regulations on Partnership Law in JanuaryOctober 2010 The new law, which should boost economic growth, will come into effect next year. Guatemala: Development Alliances LawAugust 2010 When the law comes into force, the country hopes to be able to attract infrastructure investments worth $400 million per year.
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