Guatemala´s Economic Stability for Foreign Investment Is Underscored 

On October 18th the conference "Sources of Financing, the Key to Innovation" was held.

by Astrid Luna

Antigua Guatemala, Sacatepéquez, By AGN. – As part of the Forbes Forum in Spanish, the conference Sources of Financing, the Key to Innovation was held, in which experts underscored the benefits of positioning Guatemala as a center for foreign investment.

According to Pedro Brolo, the Director of Guatemala for the Central American Bank for Economic Integration (CABEI), the Forbes Forum in Spanish seeks to position Guatemala as a destination for foreign investment.

 Brolo mentioned that CABEI created a special fund to promote foreign investment, which will help new projects for the country to speed up their operations.

He also added: “The issue of legal certainty is very important, at a global level since all markets are looking where to position themselves.”

Additionally, he emphasized that the legislative agenda is currently being strengthened in Guatemala, with a positive international outlook.

Attractive for Investments

Edgar Chavarría a representative of Banco Industrial (BI), described the event as extremely important, as it positions the country in the investment sector.

“In our case, as a financial sector, we explained the macro-financial and commercial-financial situation. Although there are gray scenarios in the world, we consider that we can handle the economic issues in Guatemala. The financial entities are in a better situation, and we have a healthy financial system”, assured Chavarría.

Finally, he said his message emphasized that financial banking in Guatemala is in good condition. For this reason, he seeks to support investors, entrepreneurs, and citizens.

The forum also included the participation of Jorge Mondal, President of the Board of Directors of Banco de Los Trabajadores, and José Porras, President of the Finance Chamber of Guatemala.

Guatemala is hosting the first edition of the Forbes Forum in Spanish. This event discusses economic challenges in the region and business opportunities for the coming years.

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