2008-07-31

Pizza Hut opens new restaurant in Guatemala

Pizza Hut has recently invested USD 1.4 million in its 30th restaurants in Guatemala. The new restaurants has a capacity of 360 people and a car park with a capacity of 140 cars. Pizza Hut Guatemala plans to open units in Santa Elena Peten, Antigua Guatemala, Retalhuleu, Escuintla, Huhuetenango, Quetzaltenango and in Eskala Roosevelt by late 2008.

Publication: BIS - Business Information Systems
Provider: Business Information Systems
Date: August 1, 2008

2008-07-29

Showcolate establishes foothold in Guatemalan market

Brazilian franchise Showcolate, which developed the fondue express concept, has opened its first kiosk in Guatemala two weeks ago. Showcolate franchise has been launched in Guatemala by Inversiones Morataya (Inmosa), which plans to open other two kiosks in the country by 2009 and to expand business to El Salvador and Costa Rica. The production of cocoa of Guatemala reaches 1.900 metric tons. Exports reached USD 30.8 million in 2007 and USD 5.8 million by May 2008.

Publication: BIS - Business Information Systems
Provider: Business Information Systems
Date: July 28, 2008

Enel constructs new hydroelectric power facility in Guatemala

Guatemalan subsidiary of Italian Enel has recently announced its plans to invest USD 200 million in the hydroelectric power project of Palo Viejo, in Quiche, which has a generation potential of 80 MV. Construction works are expected to start by late 2008. After the opening of the electric power sector in 1998, Enel has constructed the hydroelectric power facilities of San Isidro, Matanzas, Canada and Montecristo. Investments surpass USD 150 million.

Publication: BIS - Business Information Systems
Provider: Business Information Systems
Date: July 28, 2008

2008-07-22

Japan donates USD 1 mln to Guatemala

The government of Japan through the Inter-American Development Bank has donated USD 1 million to Guatemala. Resources will be used to finance a feasibility study for the construction of a new stretch of Guatemala municipality transportation system.

Publication: BIS - Business Information Systems
Provider: Business Information Systems
Date: July 22, 2008

2008-07-03

Grupo Ecomina in wind power generation

Guatemalan Grupo Ecomina announced that it will invest in a wind power generating project that would add 62 MW to the national interconnected system. Thirty-five towers would be installed in Los Llanos and Santa Elena Barillas. Ecomina has already invested USD 1.8 million in pre-feasibility and feasibility studies. Ecomina estimates total investments of USD 55 million. BIS - Business Information Systems

Publication: BIS - Business Information Systems
Provider: Business Information Systems
Date: July 1, 2008

Topics covered in previous posts