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

  • New functionality for infrasfructure design software
    March 20, 2012
    Chris Bradshaw, Autodesk's vice-president for the Infrastructure Solutions division spoke to World Highways. The launch of the fourth version of its Civil 3D design software early this year will see software maker Autodesk getting serious about its road and general civil engineering package. Bigger projects can be handled in the 2008 version, and a range of new functionality is being added. "Though not everything we would like yet," said Chris Bradshaw, Autodesk's vicepresident for the Infrastructure S
    Read More
  • Dutch road widening benefits from 3D software
    February 24, 2012
    Modern software is stretching traditional design boundaries on a motorway widening in the Netherlands, reports Adrian Greeman There was a time when civil engineering and aesthetics did not mix too well, especially on roads. The artistic ideas of an architect did not blend with the stringent requirements of structure. But modern three-dimensional modelling software is helping this change. Design notions that might have been overly complicated in the past are now attainable with hi-tech analysis tools.
    Read More
  • Germany: Foreign users to pay toll
    June 23, 2015
    Foreign road users could be paying up to €130 (US$147) a year for using Germany's autobahn motorways starting in 2016. The plan was given the go-ahead by the German government last October but implementation could be delayed if it faces a legal challenge by European member states. Bavarian state transport minister Alexander Dobrindt said he was convinced that the draft law does not discriminate against foreign motorists, an issue if the law were to be challenged in any European court. He called the infras
    Read More
  • David Barwell suggests six steps for closing the UK funding gap
    January 11, 2019
    Six steps for closing the UK funding gap Plenty of private money is seeking UK investment opportunities. The government and the infrastructure sector in general must make projects more attractive, writes David Barwell* It is widely acknowledged that the UK faces mounting economic, environmental and social problems if the nation's infrastructure fails to meet present and future demands. Government estimates propose that almost €561 billion is required to bridge the infrastructure funding gap. As part o
    Read More

Highlighted Content