No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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

Australian Open Latin American Legacy Resonates in Costa Rica

Melbourne's hard courts come alive each January with the Australian Open, the year's opening Grand Slam. This two-week event draws the world's top tennis...

Central America’s Five Great Forests are Lifelines for Migratory Birds

Each year, as the wet season winds down in Costa Rica, the air fills with the calls of warblers and thrushes arriving from their...

How Costa Rica’s Latest Climate Plan Protects Coasts and Cuts Emissions

Costa Rica has submitted its updated climate plan to the United Nations, setting new goals to protect and restore coastal wetlands as part of...

Brazilian Tennis Sensation João Fonseca Reflects on Breakthrough Season

João Fonseca kicked off preseason training in Rio de Janeiro with eyes set on a strong start to 2026, a year that brings new...

Costa Rica Football Federation Dismisses Coach Miguel Herrera

The Costa Rican Football Federation has ended its partnership with Mexican coach Miguel "El Piojo" Herrera after the national team missed out on the...

Nicaragua Releases Doctor to House Arrest After Disappearance

Nicaraguan authorities have released Yerri Estrada, a 30-year-old doctor with dual Costa Rican and Nicaraguan citizenship, from prison after holding him in forced disappearance...
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica