Up until March 18 a delegation of 51 Taiwanese companies will be in the country exploring business sectors of spare parts for cars and motorcycles, hardware and construction.
From a statement issued by the Chamber of Commerce of Guatemala (CCG):
Mr. Jorge Briz-President of the Chamber of Commerce of Guatemala and the Ambassador of China (Taiwan) Mr Adolfo Sun, announced the arrival of the Taiwan Trade Mission to Guatemala.
Taiwan's embassy in Guatemala has announced a program to assist exporters to certify their products.
An article in Prensalibre.com reports that "Adolfo Sun, Ambassador of Taiwan, said the first sector to benefit will be meat producers, so that they can certify their production and enter the Asian market."
As well as meant there are also plans to promote technical assistance to comply with the certifications for other food products and manufactured products, adapting products to suit cultural differences and increase the country's sales in Asia.
A group of investors from China plan to install a plant for the exclusive production of concentrated food for tilapia.
The high cost of feed for tilapia, one of the most consumed fish species in Guatemala, has prompted a group of businessmen from Taiwan to consider establishing a production of concentrate.
To do so, they will first conduct a feasibility study to determine if the area has the features needed to make the concentrate.
The Asian country is primarily interested in Guatemalan products such as lumber and fish flour.
In August 2009, a group of Taiwanese businessmen will visit Guatemala looking to take advantage of the possibilities created by the Free Trade Agreement between the two countries which has been ratified since July of 2006.
According to the website Prensalibre.com, the Ambassador of Taiwan in Guatemala, Adlofo Sun, as well as the president of the Guatemalan Chamber of Commerce, Jorge Briz, both confirmed the interest in Guatemalan fish flour by the Asian businessmen.
In one month, an international bid will be called for the construction of a section of the Atlántico highway, from Agua Caliente to Sanarate.
Financed by the government of Taiwan, the project entails the expansion of a 27-kilometer section to four lanes.
Leonardo Cerser writes in Prensalibre.com: "It is expected that, after fine-tuning the details for the process to contract the company that will execute the project, the bid will be called in a month at the latest."
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