A bill by the Morales administration in Guatemala proposes creating an agency that would manage issues of commercial promotion, competitiveness, investment attraction and country brand.
Representatives from the Ministry of Economy presented in Congress a proposal for a Law to create the Institute for Commercial Promotion, ProGuatemala, which would absorb the functions and staff that at the moment execute the National Program of Competitiveness.
The Municipality of Guatemala City reported that it plans to implement two new lines of the Transmetro service, which will involve bringing 28 stations into operation.
The mayor of the Guatemalan capital, Ricardo Quiñónez, explained to Dca.gob.gt that "... medium and long-term planning has been established, in relation to the Transmetro service, which includes the implementation of two new lines: 7, to zone 12, and 5, to zone 5."
With the expansion carried out by Nestlé at its plant in the Dominican Republic, the company will have the capacity to produce 12,000 containers for ultra-pasteurized products per hour.
A proposal has been made to create a special economic zone in 26 municipalities in the southeast of the country, which would provide tax incentives for activities related to clean energy and the prospecting of natural gas and oil.
The Executive presented to the Legislative Assembly a preliminary draft of the Law on the Special Economic Zone of the Southeast Region of El Salvador, which has the objective of developing 26 municipalities of Usulután, San Miguel and La Unión.
In the first quarter of the year, foreign investment flows received in El Salvador grew by 42% compared to the same period in 2017, rising from $168 million to $239 million.
The Central Reserve Bank reported that from January to March of this year "...Net FDI was concentrated in four strategic sectors: industry, electricity, communications and trade, with investment flows channeled in the form of inter-company loans and reinvestment of profits."
Copa Airlines has announced that the investment includes the expansion of its training center for pilots and the purchase of new flight simulators.
Representatives from the airline said that with the investments they will make in the training center in Clayton, district of Panama, training will be provided for the handling of the Boeing 737 MAX 9 aircraft, which will begin arriving in August.
The foreign investment flows received by Guatemala between January and March totaled $293 million, 7% less than in the same period in 2017.
According to figures from Banco de Guatemala, during the first quarter of 2018, 32% of Foreign Direct Investment (FDI) went to the electricity sector, and 20% went to the manufacturing industry.
During the first quarter of the year, Foreign Direct Investment in Panama totaled $1.099 billion, 17% less than was registered in the same period in 2017.
$19 million is needed for the expansion of the cargo terminal at the Monseñor Romero Airport in El Salvador, and companies interested in participating in the public-private partnership are being sought.
Authorities at the Ministry of Public Works and Fomilienio II, informed that one of the projects that will be developed under the PPP modality is the "...Improvement of infrastructure, processes and equipment at the current AIESMOARG Cargo Terminal, to increasethe volume of import and export cargo byapproximately40%, which will allow a greater flow of goods and services. The project contemplates the possibility of expansion and construction of a Cargo Terminal."
Nestlé has announced that the growth plan in the Dominican Republic, which began in 2016 and will extend for four more years, includes a total investment of $130 million.
Creation of new products, innovation in the factories' production lines and the introduction of new brands in the country are part of the growth strategy that the food company envisages for the Dominican Republic.
Israeli government officials have announced that they plan to invest close to $2 billion in various businesses in the sectors of agriculture, medicine and education.
The investment will be made through the Guatemalan-Israel Fund for Investment and Development in Guatemala, and this seeks to make the Central American country the center of Israeli business in the region.
Contrary to the negative figures recorded in 2015 and 2016, in 2017 Peruvian direct foreign investment received by Guatemala totaled $82 million.
In addition to reversing the negative trend in 2015 and 2016, last year Peru became the fourth country in terms of the largest flows of direct investment registered in Guatemala, as it was only surpassed by the US, Mexico and Colombia.
A delegation of companies from the Mexican state of Jalisco has expressed interest in investing in sectors such as textiles, agriculture, services and construction.
Two irrigation systemconstruction projects are being prepared in different municipalities in the departments of Yoro, La Paz, Intibucá, Lempira, Atlántida, Cortés and Santa Bárbara.
The projects that will be executed are the Programa de Desarrollo Agrícola Bajo Riego (PDABR), and the Project of Competitiveness and Sustainable Development of the South Western Border Corridor (PRO-LENCA), whose investments will be $25.3 million and $27.8 million respectively..
The Maduro government has announced a ban on carrying out commercial or financial activities with 22 Panamanian government officials and 46 Panamanian private sector companies.
Prensa.com reports that "...Among the Panamanian companies affected are Copa Airlines, Vida Panama, Supercentro Casanova, Casablanca, and Yamaha Music Latin America, among others."
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