A statement from the Presidency of Guatemala reads:
In order to increase the country’s competitiveness, the communications minister, Alejandro Sinibaldi, introduced on Tuesday a project to build a logistics center connecting ports and borders. This was stated by him during the opening of the XXI Latin American Congress of Ports in Guatemala, held at a hotel in Antigua Guatemala.
This project includes widening to four lanes the width of the roads connecting border points, and costs approximately U.S. $1.6 billion (Q12.3 billion).
The aim of these works would be to exploit Guatemala’s geographical location, because it has access to the Pacific and Atlantic, as well as being a connection point on the border with Mexico and the rest of Central America, mainly El Salvador, the second largest trading partner in the region, after the United States. "It is necessary to extend the road from border to border, including the road from Tecum Uman, San Marcos, to Pedro de Alvarado, Jutiapa. Also, connecting the ports Santo Tomas de Castilla, in Izabal and Puerto Quetzal, in Escuintla," said minister Sinibaldi.
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The president of Guatemala has announced a master infrastructure program for the construction and expansion of roads and bridges.
President Otto Perez Molina announced the launch of several major infrastructure projects, among which are two roads: one from port to port (from Santo Tomas de Castilla, Izabal, to Quetzal, Escuintla) and one border to border (from Mexico to El Salvador).
Congress has approved an international loan to rehabilitate and extend 108 kms of the route from Escuintla to Ciudad Pedro Alvarado.
The funds will be used to finance the implementation of the rehabilitation of the two existing lanes and the construction of two more lanes on the CA-2 East Highway.
The 280 km stretch of road will run from Cocales, Suchitepéquez up to the border crossing between Guatemala and Mexico, Tecum Uman.
The Deputy Minister of Communications, Infrastructure and Housing (Micivi), Douglas Gonzalez announced the construction to be built using public funds which will be known as the "Border to Border" project.
Greater integration between the State and the business sector is essential to exploit the opportunities offered by the region's investment projects.
During the World Business Forum Latin America 2014, held in Guatemala, entrepreneurs from different sectors pointed to the need for increased connectivity and commercial traffic between South America and Central America, in order to take better advantage of investment opportunities in each of the countries, through the use of public-private partnerships.