Results of Guatemalan Investment Summit 2013

It has been two months since the Investment Summit 2013 was held in Guatemala and two investment projects have materialized totaling $109 million.

Wednesday, July 31, 2013

These are the construction of a hydroelectric plant in Rio Hondo, Zacapa, capable of generating 32 MW and a mushroom production plant in Salcajá, Quetzaltenango. What is more, during the next three years it is expected that another $225 million will be generated in new projects, making a total of $334 million.

"... In six months to a year, investments are projected of $55 million for the development of medical clinics in San Vicente Pacaya and a hostel, the creation of a research center, installation of a packaging industry, and the creation of a butterfly farm for tourism" noted an article in S21.com.gt.

More on this topic

Compensation Fund for Hydropower Projects

October 2013

Guatemala's government is planning to create a fund from the fees paid by hydropower stations.

According to an article in Prensalibre.com "the creation of an energy fund could be, according to the Ministry of Energy and Mines (MEM), a solution to the social conflict caused by hydroelectric energy, although the proposal already has opponents. "

Spanish Energy Investors Arrive in Guatemala

October 2013

Seven entrepreneurs from Asturias will be in the country from 24 to 31 October seeking business opportunities in hydropower and other renewable sources.

It was also announced that another business mission from Madrid will arrive in November, having visited the country for the first time in February this year, and that on this occasion there will be 15 investors interested not only in energy but also in "construction, infrastructure, engineering, communication projects, fish, and fashion products ".

Largest Regional Event For Investment Promotion Begins

May 2013

At the opening of the Guatemala Investment Summit the country was presented to 259 entrepreneurs from 26 countries as an attractive investment destination.

In addition, another 1,000 people attended the event which organizers say is the largest activity for attracting investment which has been held so far in Central America.

Honduras Awaits Investors for $2 Million Energy Contracts

April 2011

At the upcoming "Honduras is open for business" event 21 energy projects will be presented to 325 investors, which have already confirmed their presence.

An article in Laprensa.hn reports that the Honduran Foreign Affairs Ministry is expecting the companies interested in the renewable energy generation projects to include Italy's National Electrical Energy Company and Brazil's specialist damn building company, Norberto Odebrecht, as well as important Chinese investors.

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