City of Guatemala, Oct 18 (AGN).- Mauricio Ramos, executive director of Millicom Internacional Cellular, is one of the special guests of the first Forbes Economics and Business Forum in Spanish, who gave his point of view on the reasons why Guatemala is a destination to generate investment.
Ramos recalled that a year ago this company invested around 2.5 billion dollars to purchase 45% of Tigo, with which they managed to acquire 100% of the total of this company.
The reasons why they continue to invest in the country were highlighted at various points where he stressed that the macroeconomy is solid and stable, as well as encompassing a digital dividing process that has a long way to go.
We have been investing in Guatemala for 30 years. We are here not for the past 30 years, but for the next 30 years. We look at long-term trends. There are 15 years in which Guatemala has grown an average of three to three and a half percent. It is one of the highest growth rates in the Latin American region, and most importantly, of all of them it is the most stable, Ramos said.
#ForumForbesES22 | Mauricio Ramos, CEO of @Millicom: “In Guatemala they have four valuable points, their entrepreneurship, private sector, dialogue between the public and private sectors, and their resilience”. 📸 @Forbes_CA. #ForbesAntigua2022🇬🇹 pic.twitter.com/ZkMQNMIlGF
— AGN (@AGN_news) October 18, 2022
Resilience
The CEO of Millicom Internacional Cellular emphasized that Guatemala is a resilient and entrepreneurial country. It was one of the nations of the region that best managed the pandemic, that is a commitment to fiscal discipline.
This is a country that when the world suffers from high levels of external indebtedness, the level of Guatemala is 30%, commented.
On the other hand, he indicated to those present that the quetzal is a hard coin, referring to its stability.
Another of the advantages that he framed is its population dividend, whose average is 22 years. It is one of the youngest populations in the world. It is a booming economy.
#ForumForbesES22 | Mauricio Ramos, CEO of @Millicom: “President @DrGiammattei what Guatemala does is surprising, bold and motivating.” 📸 @Forbes_CA. #ForbesAntigua2022🇬🇹 pic.twitter.com/wsgBkHQ1Ci
— AGN (@AGN_news) October 18, 2022
Actions
President Alejandro Giammattei, in the opening speech of the first Forbes Economics and Business Forum in Spanish, mentioned the government commitments to promote the development of the country, framing the path towards the search for employment opportunities for Guatemalans.
From this account, progress is being made in the Guatemala does not Stop plan, which integrates five main pillars and outlines a roadmap to achieve the goal of creating 2.5 million quality jobs in the next 10 years.
Among these actions is to promote the country as attractive for investment, which has legal certainty, human capital and infrastructure.
Also read:
“Guatemala is the ideal destination for investments,” remarks President Giammattei
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