Banrural will participate in the financing of the project's Los Micos Beach in Bahía de Tela and Mercom Bank Ltd of the financial group Agromercantil, will fund the project ‘Pristine Bay Resort, Golf & Spa’ on the island of Roatan, Honduras.
According to an article in Elperiodico.com.gt, "Sergei Walter, a spokesman for Banrural, believes that beyond an interest in financing foreign tourism projects there is also capacity for Guatemalan banks to compete with other entities in Central and Latin America to support investment plans in other countries in the region.
In the same way that banks in Colombia and El Salvador finance Guatemalan businessmen, the local bank supports investment opportunities both nationally and internationally, said Walter."
Source: elperiodico.com.gt
More on this topic
September 2011
With the first payout of a $15.9 million from a syndicated loan worth $24 million, construction of the second stage of the tourism project in Honduras will begin.
The banks, Ficohsa, BAC Honduras, Ficensa, Rural Development Bank in Guatemala and Panama's Banco Pichincha had already approved a syndicated loan of $24 million to finance the tourism project.
March 2009
Two tourism projects, one on the beach and another on the mountains, are being built in Chalatenango and Usulután.
The projects have a total investment of $45 million and are being developed by entrepreneur Jose Ramon Barahona from El Salvador along with US investors. They consist of a golf and fishing club in Usulután and a mountain tourism project in Chalatenango which would begin to operate in late 2010 or early 2011.
June 2009
MIF will finance the study of the project for the benefit of 300 micro-enterprise and community tourism projects.
The agreement between the Multilateral Investment Fund (MIF) of the Inter-American Development Bank (IDB) and the Foundation for the Development of Guatemala (FUNDESA), allocated $1,337,780 to implement the “Definition and Management of a Tourist Destination in the North Cluster of the Cuatro Balam Area, in Petén."
January 2009
In 2008 the Panama Tourism Authority approved 96 tourism projects that will generate 15,000 direct jobs.
According to pa-digital.com.pa "These projects were received before August 30, 2008, the final date established by law to hand in the documents and up to December 31 2008 for them to be reviewed and approved, in order to benefit from the fiscal incentives granted by Law 58 (28 December 2006), which promotes tourism development in the country.
español
1895
