Guatemala’s Inter-Oceanic corridor is of national/public interest

The Guatemalan government has recently announced that the Inter-Oceanic corridor project, involving a four-lane motorway, a railway, two ports and industrial parks, is of national and public interest, as it will allow the country to position itself strategically for global trade. Such a large scale project is expected to attract foreign investment, create new jobs and enlarge government coffers in terms of taxes. Infrastructure investments of US$ 7 billion- $8 billion have been calculated. The first interna
July 22, 2013 Read time: 1 min
RSSThe Guatemalan government has recently announced that the Inter-Oceanic corridor project, involving a four-lane motorway, a railway, two ports and industrial parks, is of national and public interest, as it will allow the country to position itself strategically for global trade.

Such a large scale project is expected to attract foreign investment, create new jobs and enlarge government coffers in terms of taxes. Infrastructure investments of US$ 7 billion- $8 billion have been calculated. The first international firm to show interest in the Inter-Oceanic corridor is said to be Eurogas Enterprises, which has spoken favourably about this venture.
Road Structures

Related Content

  • Book highlights infrastructure need for US
    November 17, 2015
    A new book by US domestic policy expert James P Pinkerton reveals that investing in transportation infrastructure will build America’s economic strength. In A Vision of American Strength: How Transportation Infrastructure Built the United States, Pinkerton observes that “the history of civilisation is the history of infrastructure.” He explains how societies have flourished as they developed better roads and other transportation systems. Pinkerton details how transport infrastructure fuelled the growth of
    Read More
  • Webuild sees double-digit growth in H1
    July 28, 2025
    Construction group's growth 'greater than expected' with revenues up 22%
    Read More
  • Boost to infrastructure, autonomous cars in UK budget
    March 17, 2016
    The UK chancellor announced in his spring budget what he called the biggest investment, US$87.5 billion (£61 billion), in transport infrastructure in generations and is increasing capital investment in the transport network by 50 per cent over this Parliament compared to the last. The government plans to establish the UK as a global centre for excellence in connected and autonomous vehicles by establishing a US$24.1 million (£15 million) ‘connected corridor’ from London to Dover to enable vehicles to com
    Read More
  • India road projects being carried out
    July 26, 2017
    The Indian Government has plans to redevelop road infrastructure links in the north east of the country. Planned spending of US$31.1 billion will be used to improve and upgrade the road network in the area by 2019. Plans have been drawn up by India’s National Highways and Infrastructure Development Corp Ltd (NHIDCL) and by the Public Works Department of states.
    Read More

Highlighted Content