Industrial Parks Announced in Escuintla

Guatemala's President has also announced improvements in road infrastructure access from Mexico to the Ciudad de las Palmeras.

Friday, July 13, 2012

In a meeting with businessmen from the Guatemala Chamber of Commerce (GCC), President Perez Molina promised the projects as a way of reviving the economy of the southern provincial capital.

According to an article in, "Puerto Quetzal is also among the plans. The intention here is to improve the infrastructure in order to compete in the Pacific. Port capacity has been reached and if nothing is done in 2 years , firms will move to other places because they wont want to waste time because of transport and logistical problems. "

Other projects mentioned were expanding the local airport for air cargo use, and the widening of roads to Puerto Quetzal and the border of San Marcos.

¿Busca soluciones de inteligencia comercial para su empresa?

More on this topic

Industrial Park Announced in Guatemala for $16.5 million

January 2016

A strategic alliance between Escuintla and the Korean port of Incheon will be possible because of an investment of $16.5 million, announced the Korean Chamber of Commerce in Guatemala.

The President of the Guatemalan-Korean Chamber of Commerce (CGCC), Raul Salazar, announced the construction of the Michatoya Industrial Park in the municipality of Palin, Escuintla (about 60 km from Guatemala City), whose construction phase will end in July.

China's Industrial Parks

August 2012

Costa Rica is considering adopting the Chinese model of development of Special Economic Zones in order to promote the country as a high-tech industrial center.

A statement from the Ministry of Foreign Affairs of Costa Rica reads:

On the second day of their visit to China, the Costa Rican delegation accompanying the President of the Republic, Laura Chinchilla Miranda, visited the Suzhou Industrial Park (SIP) located in the town of that name, with the aim of learning from this successful model, and adapting it to the reality of the Costa Rican environment.

Free Zones an Attractive Option for Chiriqui

April 2012

More businessmen are considering setting up in industrial zones in the Panamanian province, where with an investment of $250,000 and two hectares of land they can install themselves in a free zone.

Law 32 of 5th April 2009 allows holders of an area of two hectares, plus an investment of $250,000, to establish free trade zones, which, according to several businesses, is a good option for a province under development, reports

More Investment in Nicaraguan Free Trade Zones

April 2012

The Nicaraguan Federation Chamber of Private Free Zones plans to install 15 companies in 6 new industrial parks within the country this year.

The secretary of the Nicaraguan Federation Chamber of Private Free Zones (FCNZFP in Spanish), Mario Zelaya, said the new industrial parks will be located in Niquinohomo, Masaya, Leon and El Viejo (all areas on the Pacific side).