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IDB set to award US$250mn for Guatemala
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The Inter-American Development Bank (IDB) could approve some US$250mn for health and road infrastructure projects in Guatemala in the first quarter of this year, government publication Diario de Centro América reported.
Some US$150m of the amount will be used for road projects, Carlos Melo, the bank's representative in Guatemala told the daily.
The other US$100mn will be used to strengthen the national hospital network, particularly facilities specialized in maternity care.
Except for a project in Quiché department, the IDB has not financed roadworks in Guatemala in the past few years, Melo said.
The government is currently reviewing a US$193mn loan that the Central American Bank for Economic Integration (Cabei) approved for the country last month. The funds will finance an investment program for hospital infrastructure and equipment, which will be managed by the health ministry.
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News in: Infrastructure (Guatemala)
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IDB approves US$40mn in post-hurricane aid for CentAm, Dominican Rep
The funds include grants and loans for Belize, Costa Rica, El Salvador, Guatemala, Honduras, the Dominican Republic, Nicaragua, and the reallocatio...
![Guatemala starts construction of Sayaxché highway](https://cdn-www.bnamericas.com/img/sectors/infrastructure_1.jpg)
Guatemala starts construction of Sayaxché highway
Works on the US$80mn project are expected to take 24 months.
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Aceros Suárez S.A. was incorporated in Guatemala in 1960 and engages in the production of iron rods. It established the country's first hot rolling plant and its product base in...
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Grupo Transmerquim, S.A. (GTM) is a Latin American company founded in 1983, which is present in Mexico, Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Panama, Colombia...
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Corporación General de Tractores S.A (Gentrac) is the local subsidiary of the Peru-based group Ferreycorp S.A.A. in Guatemala. Its main line of business consists of renting, sel...
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Consorcio Autopistas de Guatemala is a company formed in 2017 by Grupo Marhnos, of Mexico, and Grupo Precon, of Guatemala, for construction, operation and maintenance of road in...
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Construcciones Integrales Avanzadas, S.A. (Ciansa) is a construction contractor based in the City of Guatemala which develops private and public infrastructure projects such as ...
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