The Mexican businessman is studying possible investments in exploration and exploitation of oil and natural gas, and the construction of a rail line between Mexico and Guatemala.
From a press release from the Presidency of Guatemala:
President Otto Perez Molina met on Wednesday with the Mexican tycoon Carlos Slim, head of a leading corporation in the telecommunications sector, who evaluated potential investments and job creation in Guatemala.
Plans are underway for an inter urban railway system for Guatemala City, with an estimated investment of between $65 to $125 million.
Carlos Samayoa, Controller at Ferrocarriles de Guatemala (Fegua), explained that the urban railway is a project that consists of a first section going from Centra Norte, Zone 17, to the Central Station, and a second axis to the south, to Justo Rufino Barrios zona 21, but the idea is to expand it to the municipality of Villa Canales.
Railways, an industrial park, port terminals, and roads are concrete investment projects that will be presented during the next Guatemala Investment Summit 2013.
The National Alliance for the Development of Economic Infrastructure (ANADIE by its initials in Spanish) is preparing a series of infrastructure projects that will be presented during the 2013-Guatemala Investment Summit organized by the Chamber of Industry (CIG by its initials in Spanish) for next May, with the expectation of attracting over U.S. $1.3 billion in investments this year.
Investors from Brazil, South Korea and Taiwan have expressed interest in a project to rebuild the country's rail system.
"We've had people interested in restoring the railroad, although we have not defined what the appropriate channel would be, whether it would be a tender or a public-private partnership", said Juan Carlos Paiz, presidential commissioner for competitiveness.