Guatemala planning major infrastructure deals

The authorities in Guatemala are presently carrying out feasibility studies for an inter-oceanic logistics corridor that would connect both sides of the country.
February 14, 2012 Read time: 1 min
The authorities in Guatemala are presently carrying out feasibility studies for an inter-oceanic logistics corridor that would connect both sides of the country. The project would entail the construction of a 372km, four-lane highway. In addition the corridor would feature a railway line running parallel to the highway as well as an oil pipeline. If the feasibility studies prove positive, construction work could start as early as 2012 and be due for completion in 2015. Overall investments would be likely to reach as high as reach US$5 billion. Because of the scale of the work required, the project would be carried out in four different phases and would be split into a series of contracts.

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