|
...(PRONACOM), set up by the government of outgoing President Oscar Berger in 2004. With Berger scheduled to pass the mantle of the presidency to President-elect Alvaro Colom on Jan. 14, the business community is becoming increasingly concerned that Colom, a social democrat, will fail to prioritize the sacred tenet of the sector, investment.
PRONACOM was conceived as a program to run from 2005 to 2015. The program estimated the country's annual infrastructure-investment requirement, to maintain current growth levels, at US$340 million. But, in the first two years of the Colom administration, US$700 million will be required each year to continue works in progress, including the modernization of La Aurora International Airport, expanded highways, and improved ports. Included in the to-do list is the completion, after many years, of the periferico, the beltway around Guatemala City that handles most of the traffic that pours into the capital daily. Elsewhere around the country, only 42% of rural roads and only 59% of the system as a whole are paved.
The periferico, or Anillo Metropolitano, is estimated at US$1 billion. Another road project of immense proportions...
NOTE: All illustrations and photos
have been removed from this article.
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
