Guatemala has been one of the strongest economic performers in Latin America in recent years with a GDP/capita growth rate of 3 percent since 2012 and nearly 4 percent in 2015, reaching US$3,903, (#134 out of 215 countries). Even so, it is one of the few countries in the region where poverty has increased in recent years, from 51 percent in 2006 to 59 percent in 2014. Additionally, Guatemala’s infrastructure investment has seen a decrease, especially in transport infrastructure, lowering its score in the Infrastructure score of the Global Competitiveness Index report from 4.2 in 2015 to 3.8 in 2016.
Guatemala has consolidated its PPP oversight, beginning operations at a newly established PPP agency “Agencia Nacional de Alianzas para el Desarrollo de Infraestructura Económica” (ANADIE) and a PPP Council “Consejo Nacional de Alianzas para el Desarrollo de Infraestructura Económica” (CONADIE). While CONADIE is the final authority in considering a project’s technical and financial feasibility, ANADIE actively responds to ministry requests for PPPs and supports them through planning and implementation.
In 2010 Guatemala launched its PPP bill “Ley de Alianzas para el Desarrollo de Infraestructura Económica” and, in 2011, it passed the associated regulations in “Reglamento de la Ley de Alianzas para el Desarrollo de Infraestructura Económica.” The PPP law prevents private participation in certain sectors including water, education and health.
The country expects to attract more than US$1.3bn in investment on a very ambitious portfolio of infrastructure projects (7 in total), all using the PPP model. The Guatemalan portfolio includes new government facilities and buildings, public transport, freight and logistics projects and the construction of several toll highways across the country.
The Global Competitiveness Index (GCI) is published in the Global Competitiveness Report and assesses the competitiveness landscape of 140 economies. The GCI Infrastructure Score is a component of the overall index and covers transport, electricity and telephony infrastructure.
This document is the fourth edition of an informational tool and benchmarking index that assesses the capacity of countries in Latin America and the Caribbean to carry out sustainable public-private partnerships (PPPs) in infrastructure. The study is based on a methodology developed in 2009 and revised in 2010. The analysis and content of this index covers the period from May 2014 to August 2014. The index was built by The Economist Intelligence Unit (EIU) and is supported financially by the Multilateral Investment Fund (MIF), a member of the Inter-American Development Bank Group. The views and opinions expressed in this publication are those of the EIU and do not necessarily reflect the official position of the MIF.