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

  • Middle East financing for Moscow’s new toll route
    June 12, 2018
    Financing from the Middle East is helping to build the first toll road in Russia’s capital Moscow – Eugene Gerden reports. The first toll road within the Russian capital Moscow will be built this year with financing from a consortium comprising Russian and Arabian investors. This was revealed officially in a recent statement from the Moscow City Government. The heart of the project involves building a relief road for Kutuzovsky Prospekt, a major radial avenue in Moscow, which is known for its luxury stores
    Read More
  • Expectations for growth of UAE infrastucture
    February 9, 2012
    The INTERMAT Middle East event is being launched at a pivotal time of major infrastructure development in the region. As with most sectors, the highways industry has not had a fantastic 18 months in the Gulf. Not only has the recession impacted the delivery of projects across the board, GCC Governments' attention have been switching increasingly to rail, as plans to roll out a Gulf-wide rail system gather steam. GCC countries will invest over US$119.6 billion in infrastructure projects over the next decade
    Read More
  • A first for the Netherlands with 100% RAP
    March 9, 2016
    Arizona Chemical’s bio-additive allows 100% recycled asphalt for entire road structure The city of Rotterdam has used an asphalt mix with 100% RAP in all three of its layers, a first for the Netherlands. The road in question is a bike lane, so it won’t be expecting too much of a pounding, but it’s an important step forward for the city’s politicians, asphalt supplier KWS and additive specialist Arizona Chemical. Arizona Chemical designed its SYLVAROAD RP1000 performance additive with the express aim o
    Read More
  • Argentina highway project tender process
    August 19, 2016
    The tender process for a major new highway project in Argentina is expected to commence in 2017. The new highway will connect Santa Fe with San Justo and will measure 82km in length. The project is expected to cost in the region of US$166 million to construct, with funding being supplied by the Inter-American Development Bank. The schedule for the project has not been finalised and will not be clarified until the tender is awarded but construction work could commence during 2018.
    Read More

Highlighted Content