HomeLatin AmericaCentral AmericaLeaders from Guatemala and Costa Rica want to attract investments to their...

Leaders from Guatemala and Costa Rica want to attract investments to their countries

The president-elect of Guatemala, Alejandro Giammattei, advocated Wednesday for turning Central America into a pole of attraction for foreign investments.

In a video released by Casa Presidencial, Giammattei and Costa Rican President Carlos Alvarado discussed their vision of the region’s future.

“Today, Central America can and should become a destination region for investment,” Giammattei said following his meeting with Alvarado in San José.

“We conversed about the future relationships that our countries will maintain and the strategic importance of the region to boost commerce,” Alvarado wrote on Twitter.

The Guatemalan president-elect said he wants to convert the Central American isthmus into “the best logistics center to reach any part of the world with products made by Central American labor, Central American raw material, and an awareness of preservation of the environment.”

The two rulers agreed on the importance of modernizing the Central American integration institutions so that they respond to the development needs of the region.

Alvarado said that the leaders’ meeting also addressed preparations for the commemoration of the bicentennial of Central American independence, which will be celebrated on Sept. 15, 2021.

Giammattei will assume the presidency of Guatemala on Jan. 14 for a period of four years, replacing Jimmy Morales.

Trending Now

Fixing an Invoice in Costa Rica Can Now Reopen a Tax Return You Already Filed

New Costa Rica e-invoice rules start Nov. 1. Correcting an invoice can now mean amending an old tax return and paying interest.

Four Days of Rough Surf Ahead for Costa Rica’s Pacific Beaches

If you're planning on going to the Pacific coast this week, expect rough surf and storms every day. Waves could reach 2.7 meters (8.9...

El Niño Leaves Gulf of Nicoya Fishermen With Catches Too Small to Pay for Fuel

Fishermen in the Gulf of Nicoya say the unusually warm water El Niño has pushed against Costa Rica’s Pacific coast has left their nets...

For First Time, Costa Rica Votes Against UN Call to End US Embargo on Cuba

Costa Rica voted against the annual United Nations resolution calling on the United States to lift its economic embargo on Cuba, the first time...

Gota a Gota Extortion Cases Keep Climbing in Costa Rica, OIJ Data Show

Extortion complaints tied to gota a gota loans in Costa Rica hit a record 935 in 2025, and 2026 is close behind.

Lufthansa to Drop Costa Rica Route in 2027 as Sister Airline Adds More Flights

German airline Lufthansa will stop operating its flights to Costa Rica in December 2027, but travelers will not lose the connection to Europe. Instead,...

Costa Rica’s Pesticide Problem and the Beauty of Backyard Gardening

Isn’t it ironic that Costa Rica, our country famed throughout the world for its amazing flora and fauna, is also at or near the...

Costa Rica Plans Blue Zone Seal and Wellness Tourism Push for Nicoya

Costa Rica plans an official Blue Zone seal and three Nicoya wellness tourism products by 2028, plus new care for centenarians.

Corcovado’s Sirena Station Is Back to 366 Visitors a Day. Who Decided?

Corcovado National Park has spent the past five months caught in a tug of war that has left many in the Osa Peninsula's conservation...
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel