Wednesday, March 4, 2009

US $7 Billion Needs to be Invested in Infrastructure

Guatemala needs to invest US $7 billion from 2009-15 to make up for its 10-year infrastructure deficit, the executive director of investment promotion agency Invest in Guatemala, Mario Marroquín, told BNamericas.

"The country needs a more robust investment policy to become competitive in terms of infrastructure," he said.

"To attain this goal, Invest in Guatemala is proposing a multimodal transport plan, which was designed in conjunction with a Spanish consulting firm," he added.

The Guatemalan congress is currently analyzing the bill for this initiative, which should be approved shortly, according to Marroquín.

Read the rest of the story at Business News Americas

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