Guatemala Seeks International Investors

Airports, ports and national highways could be built with input from the private sector through the creation of the new Council for the Promotion of Public-Private Partnerships, which aims to stimulate infrastructure projects crucial for the economic development of the country.

The first task to be performed by the council will be the implementation of the National Agency of Partnerships for Infrastructure Development, which will be responsible for monitoring the projects developed under this framework.

The construction of airports, specifically the expansion of the La Aurora International Airport, could benefit from this new initiative.

An article on airport-world.com reads: “La Aurora airport has tempted many private investors, such as Confiasa and El Bosque, who will build the largest warehouse complex in Central America and Plaza Tecnológica Aeropuerto."

Source: Airport-world.com

More on this topic

Guatemala: Implementation of Public-Private Partnerships Delayed

October 2011

The Ministry of Finance said that the draft Law on Partnerships for Economic Development and Infrastructure must wait one to two years.

That is the time it will take to create an agency responsible for evaluating the projects, said the Minster of Finance, Rolando del Cid Pinillos.

Guatemala: Council of Mixed Investment Initiates Work

November 2011

The country's council for development partnerships (Conadie) will be responsible for approving investment and infrastructure projects to be carried out jointly by the government and private sector.

The Ley de Alianzas ("Public Partnerships") law will make it possible for the government to invest jointly with private companies in projects to build roads, shipping terminals, airports, power grid improvements and railways, for example.

Martinelli Seeks Alliances with Entrepreneurs

July 2009

Private companies from Conep, the Council of Private Enterprises, had a meeting with president Ricardo Martinelli to develop plans together.

After formalizing a public-private alliance with the business sector, Martinelli said: "Now you have a direct line to communicate with us and contribute in solving all those problems."

ICE's Partnerships with Private Sector

February 2011

The Instituto Costarricense de Electricidad (ICE) has since late 2010 a set of rules which allow partnerships with private entities outside the general rules of government contracting.

Characterized by the vertical structure of its activities in the electricity market the Costa Rican Electricity Institute now has the flexibility to partner with private companies, allowing it to have a competitive advantages that could not be achieved individually in the short term."