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

  • India plans major infrastucture investment
    April 5, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt. After years of planning some projects were incomplete, there were health scares and a br
    Read More
  • Ukraine sets ambitious road target
    October 2, 2013
    The Ukrainian Government says that the country will see US$26.23 billion of road and highway construction work carried out in the 2013-2018 period. This construction plan forms part of the country’s five-year state economic programme. Financing will come from an array of sources. Funds for the projects will come from private investors, credit facilities, overseas financial organisations and the national budget.
    Read More
  • China plans important construction machinery show in Changsa for May 2019
    January 8, 2019
    An important construction machinery exhibition for the global equipment market is being planned for the Chinese city of Changsha in May 2019.
    Read More
  • India plans major infrastucture investment
    February 10, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports. On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt.
    Read More

Highlighted Content