According to the National Competitiveness Program (Pronacom), the new investments that would be made in the country could reach up to $227 million, however, some of the businessmen are still waiting for the results of the second round of elections to decide whether or not to realize their projects.

In the list of possible investors that Pronacom has identified, there is a group from Finland that would be interested in the forestry sector for the exploitation and production of teak. If the investment were made, the group would pay out about $152 million.

The article from Prensalibre.com details that "... Another Brazilian delegation for the beverage and alcoholic beverages sector has interests of more than US$45 million. As well as a Colombian business group in the unfinished food, snacks and desserts sector for US$30 million."

Regarding the investment of the Colombian business group, Víctor Manuel Asturias, Pronacom's commissioner, explained that "... its objective is to produce in Guatemala and ship to the Central American market."

There are also investors from India who would be interested in investing in the textile sectors, and others from Japan who would invest in agro-industry.

Regarding statistics on foreign direct investment (FDI) in the country, figures from the Bank of Guatemala report a considerable increase between the first quarter of 2018 and the same period of 2019, going from $293 million to $340 million.

Source: prensalibre.com

Do you need more information about your business sector?

Request more information:

Your message has been sent. We will contact you shortly.

Name*

Last Name*

Email:*

Telephone (Country):*

Company:*

Title:*

Size of the Company:* Choose one... Less than 100 employees Between 100 and 500 Between 500 and 2500 More than 2500

Industry:* -None- Agro Alimentos y bebidas Construcción e infraestructura Banca y finanzas Farmacéutica y salud Servicios Retail Automotriz Energía y minería Química y plástico Bienes Raíces Educación Bienes de consumo Industria y manufactura Transporte y logística Telecomunicaciones Administración pública

Yes, I want to receive a call from a salesperson*

Comments:*  

this site is protected by reCAPTCHA and Google's privacy policy and terms of service.

Need assistance? Contact us

(506) 4001-6423

More on this topic

Mexican Businesses Interested in Honduras

May 2018

A delegation of companies from the Mexican state of Jalisco has expressed interest in investing in sectors such as textiles, agriculture, services and construction.

After the visit to Honduras, the businessmen reported that in the next few years they intend to invest between $20 million and $100 million.

Guatemala: Is it Possible to Increase Competitiveness?

February 2018

The plan proposed by the Morales administration to increase the country's competitiveness focuses on the development of forestry, agriculture, textiles, clothing and footwear, metalworking, light manufacturing, tourism and construction, among other things.

Authorities at the National Program for Competitiveness -Pronacom- presented guidelines for the National Competitiveness Policy 2018-2032. This set of strategies, which aims to establish guidelines on competitiveness at the national and regional level for the next 15 years, was developed jointly by the productive sector, public sector, academia and civil society.

Colombian Investments in Costa Rica

March 2015

38% of the colombian companies who have invested in the country are dedicated to services, 28% to industry, 11% to construction and 23% to tourism, commerce or agriculture.

The service, food and manufacturing sectors are generating the most interest among Colombian investors, who in the last ten years have invested about $750 million in Costa Rica.

Guatemala: Proposal for Investment Promotion Agency

February 2014

The Government aims to create Proguate, an entity that will focus on attracting foreign investment and implementing a competitiveness strategy.  

The Guatemalan government aims to create an agency to promote investment in the country. Proguate will focus on designing a brand for the country in order to attract foreign investment and implement a competitiveness strategy.