Guatemala Waives Tariffs For Importing BusesFriday, May 14, 2010 It applies to public transportation buses, and in those departments where the prepaid system will be implemented. Decree 21-2010, approved by Congress, establishes that transportation companies will be exempt from paying VAT and any other tariffs when importing new buses and micro buses. Bus Terminal for $50 million in GuatemalaWednesday, August 31, 2011 The complex will also have space for 300 banks, restaurants and shops. In order to ease congestion of traffic coming from the East, a bus terminal will be built, which will be able to receive 2 million passengers per month. Colombians to Build Bus Terminal in GuatemalaFriday, September 9, 2011 The Colombian company, Conconcreto, has announced an investment of $25 million to build the project. The new bus terminal will have capacity to serve two million passengers a month, and will be built by Conconcreto and the company Servicios Para Centrales, originally from Guatemala, which will provide the remaining 50% of the investment ($25 million). $40 million More for Centranorte ProjectFriday, June 8, 2012 Banrural and the German Bank for Development and Investment have granted a loan to Servicios para Centrales S.A. to finish building the bus transfer terminal CentraNorte in Guatemala. The Rural Development Bank (Banrural) and the German Bank for Development and Investment (DEG, by its German acronym), have agreed to pay $40 million to the company Servicios para Centrales S.A., to complete construction of the bus transfer terminal CentraNorte, reported Elperiodico.com.gt. Prepaid Bus System Almost Ready in GuatemalaTuesday, March 16, 2010 Bank Cathay and company “Productos y Servicios Diversificados” began testing the Transfácil system, after an $8 million investment. They are currently installing a fiber optics network to transfer data from the buses to a monitoring central station, explained Gamaliel Chin, from the Union of Short Outer Urban Routes Transporters. Guatemala gives seal of approval to higher bus faresFriday, May 23, 2008 Guatemala's Communications Ministry authorized fare increases on short-haul inter-city bus routes. The new fares, which the bus companies imposed unilaterally more than a month ago, mean an increase of one quetzal – about 14 US cents – at peak hours, and half a quetzal at other times. $35 Million for Prepaid Card System for BusesMonday, April 13, 2009 Guatemala will install prepaid card systems on buses between 2009 and 2011 for $35 million. The system aims for the bus drivers to avoid having to carry cash since the service will only be available through prepaid cards. Public transport: $28 million investmentMonday, October 8, 2018 The Government of Guatemala announced that it expects to invest next year in Line 7 of the Transmetro system, which will have a total fleet of 35 buses and 32 stations. The Direction of Urban Mobility of the Guatemalan Government presented a $28 million estimate for the project to implement the Transmetro route that will cover from the Mariano Galvez University in zone 2 to the University of San Carlos in zone 12, which will cross the Peripherical. City of Guatemala award $25 million contractTuesday, December 2, 2008 Alternet Systems, Inc. announces $25 million contract with the Municipality of the City of Guatemala to provide mass transportation technology services. Alternet Systems, Inc. today announced that Transtech de Guatemala, S.A., a regional subsidiary of the Company's joint venture with Tianjin IC Card Public Network Systems Co. LTD (TCPS), has signed a $25 million contract with the Municipality of the City of Guatemala for the operation and management of a bus prepaid fare collection system, user information systems, fleet management systems and security systems for the municipality's transportation company Transmetro, Inc. The population that will be served by these systems is estimated at more than 2.5 million passengers per day and more than 630 million trips per year. The initial duration of the contract is for 10 years and it is renewable for another 10 years, exclusively. Guatemalan bus companies call off threat to strikeWednesday, May 21, 2008 Guatemalan bus companies have dropped their threat to go on strike May 30 to press for higher fares. Instead they agreed to hold talks with the government. A spokesman for the bus companies said they would continue to charge current fares while negotiations continue with the authorities. Transportation: Mandatory Insurance until 2021Tuesday, October 20, 2020 Following the reform of government agreement 17-2020, the entry into force of the regulation requiring passenger and cargo transport units to take out civil liability insurance was delayed for one year in Guatemala. On February 12, 2020, the governmental agreement 17-2020 was published in the Diario de Centroamerica, which obliged the owners of trailers, trucks, panels and pickups, as well as urban micro and buses, cabs, motorcycle cabs and tuc-tucs, to have an insurance policy as of March 20 of this year. Transurbano Starts Operating in GuatemalaMonday, July 5, 2010 Guatemala City's new public transport system uses pre-paid cards. The first phase of Transurbano, a bus transportation system, will go live this week, in Zones 4, 9, 10, 12, 13 and 21 of Guatemala City, with 168 units. Guatemala Inaugurates Public Transportation SystemMonday, December 21, 2009 President Alvaro Colom inaugurated a new transportation system in the capital city, called 'Transurbano Siga'. Its name stands for Guatemalan Integrated Bus System, and introduces new bus units and the possibility of prepaying tickets. Urban Transport Reform in GuatemalaMonday, February 27, 2012 An amendment to the Transportation Act and the adoption of a prepaid system would result in a better public transport service, more revenue and greater safety for users. These are the suggestions put forward by the Users Association of Urban and Suburban Transport (Autue) in the face of the current situation where there are murders, assaults, illegal charges and abuse against drivers which plague the current transport system in Guatemala City and other cities. Urban Cable Car Concession in GuatemalaTuesday, January 14, 2020 The bases for the concession of the public transport system by aerial cable, type cable car, that will connect the municipalities of Guatemala and Mixco, were published. Guatemala Government Purchase 10972013: |
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