They know about actions to promote development with the Guatemala does not stop plan

guatemalalacapital_iqw7v5 October 21, 2022

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Antigua Guatemala, Sacatepéquez, Oct 19 (AGN).- During the first Forum of Economy and Business of Forbes in Spanish, authorities of the Government of Guatemala highlighted the efforts framed in the Guatemala plan does not stop, economic transformation project that includes investment actions that allow employment opportunities for Guatemalans, tourism and economic growth.

Janio Rosales, head of the Ministry of Economy (Mineco), indicated that within the General Government Policy (PGG), in the axis of Economy, Competitiveness and Prosperity, the aim is to consolidate the national market and the generation of new investments.

From that account, he added that trade and investment agreements have been closed, among other actions.

According to Rosales, among the agreements signed are alliances with Israel, the Republic of Korea, Turkey, India, Qatar and Mexico, among others.

Regarding the business climate, the official added the deep integration that exists between Guatemala, Honduras and El Salvador.

One of the great legacies of President Alejandro Giammattei is to put Guatemala at the top and precisely present us in the most competitive markets, added the official.

#ForumForbesES22 | The Forbes Business and Economics Forum in Spanish takes place in the colonial city of Antigua Guatemala.#ForbesAntigua2022🇬🇹 https://t.co/pOkgWxLQX3

— AGN (@AGN_news) October 19, 2022

trade missions

Guatemala registers to date bilateral meetings with more than 250 trade missions, achieving more than 220 million dollars of foreign direct investment.

According to the Executive authorities, the strategies have made it possible to promote the sustainable development of the country and take courageous measures in economic matters.

The trade missions and the companies attended have led to hosting investments from such relevant companies as Pepsico, PriceSmart, Millicom, Nextil, Yazaki and Cargill.

This year investment missions were also carried out to position Guatemala as the ideal destination for nearshoring.

The foregoing allowed an economic tour to Washington, in November 2021, in which bilateral meetings were held with more than 20 companies from the United States.

There is also the Investment Summit (March 2022) Guatemala Moving Forward, with the participation of 74 companies from Spain, the United States, Mexico, Colombia and India.

Likewise, the Apparel & Textile Investment Summit (April 2022), with the assistance of 35 companies from the United States, Korea, Taiwan and Colombia, among others.

This has allowed us to have an increasingly broad list of investors who are waiting to come to our country, and most importantly, to build a new narrative of perception with data based on the experiences we have had, added the official.

#Cover AGN | @GuatemalaGovernment stands out through @MINECOGT actions in legal certainty, human capital and infrastructure, among others.#ForumForbesES22 #ForbesAntigua2022🇬🇹 https://t.co/DTm3Y9ZzVE

— AGN (@AGN_news) October 19, 2022

electronic government

The generation of investments also goes through the facilitation to solve the procedures required by the country. Given this, the electronic government was exposed, a measure that has allowed services to be digitized.

The actions are part of the Responsible, Transparent and Effective State pillar of the General Government Policy (PGG) 2020-2024.

Given this, the incorporation of technology is established that allows state institutions to promptly attend and resolve the efforts of citizens.

Likewise, emphasis was placed on the approval of initiatives such as single windows for investors, construction and commerce, so that investors have the necessary procedures to establish their businesses.

Guatemala Does Not Stop is based on the attraction of investments, business climate and opening of new markets for national products.

The main objective of the project is to modernize the country and that in 15 years an economic transformation will be reflected, with more than 2 million jobs.