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.
More on this topic
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).
On the Pacific coast connectivity gaps have been identified between the load terminals and logistics centers and production.
This situation occurs in both the Port of Balboa, operated by the Panama Ports Company, as well as the Rodman port which is operated by the Port of Singapore Authority (PSA).
An announcement has been made for the launch in 2013 of a $4 million tender for a study of the construction of a mega bypass highway in the Guatemalan metropolitan area.
After having dragged on through the course of the present administration, the project, initially called the Peripheral Metropolitan Ring Road and then the Regional Ring Road, has been mentioned by the communications minister, Alejandro Sinibaldi, who announced that "the objective is to perform engineering and ground plan studies. The new studies will cost U.S. $4 million and the bidding process will begin in June 2013. "
The Government has announced that will negotiate international loans for $920 million for road construction.
The Ministry of Communications, Infrastructure and Housing (CIV) said it would be looking to obtain credit with international banks in order to expand three stretches of highway which go towards border crossings. Alejandro Sinibaldi, head of the CIV, confirmed that the three loans could materialize next year.