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Guatemala needs to step up foreign investment

Wednesday, August 7, 2013

Guatemala will need $718 million in foreign direct investment if it is to reach its goal for this year.

Foreign investment during the first three months of the year was $344 million, according to the Bank of Guatemala, while the Government's goal is to reach $1.38 billion by the end of the year.

The country's Presidential competition commissioner, Juan Carlos Paiz, is confident the goal will be reached due to a series of planned mega-projects.

Source (in Spanish): El Periódico