On February 4-5, the Department of Business and Trade (DBT) organized an Infrastructure Trade Mission aimed at increasing UK's private sector participation in Guatemalan projects.
Seven UK infrastructure companies are participating in this two-day event which will allow them to meet with government, municipal and private sector representatives; with a focus on multiple areas, which are critical to improving Guatemala's infrastructure delivery and sustainable development.
The visit aims to better understand the Guatemalan authorities' plans for infrastructure projects delivery at national and municipal levels, including mobility, water sanitation, hospitals and private sector led construction. It also seeks to create business opportunities between local and the UK companies participating, these are:
- Andrade Gutierrez (engineering and construction)
- Arup (design, planning and engineering)
- Biwater (water treatment and solutions)
- Gleeds (construction consultancy)
- JCB (construction machinery)
- QGMI UK (engineering)
- Steer (infrastructure consultancy)
Whilst in Guatemala, the delegation wants to explore opportunities presented by the country's plans to improve its critical infrastructure, including updated legislation, the use of Private Public Partnerships and the desire to continue building the UK-Guatemala economic relationship. This highlights the British government's commitment to opening new overseas markets for UK firms, driving up prosperity and deliver national renewal.
The UK is committed to supporting viable green enterprises which help to promote green recoveries in urban transport, renewable energy and water and sanitation to help countries across the world pursue green and sustainable growth and economic development.
To mark the visit, the British Ambassador to Guatemala, Juliana Correa, said:
I am delighted to welcome the visit of some of the leading UK infrastructure companies that will explore the great potential of Guatemala. President Arevalo has put infrastructure delivery as a priority for his administration, and the UK is a global leader in this sector. This is a great opportunity to provide a platform to develop key partnerships that are useful to create cities that lead economic and social development.