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Guatemala Michatoya Pacifico Industrial Complex Integrated Smart City Construction

Country (trade office)	Guatemala (Guatemala)
Project name	Guatemala Michatoya Pacifico Industrial Complex Integrated Smart City Construction
Business Category	Transportation/Logistics
Overseas ordering company	Pacific Investments, SA
project schedule	(December 2021) Phase 1 public economic development special zone completed (June 2023) Construction of 6 Megas Solar Energy Park (December 2024) Smart city integration into industrial complex (December 2024) Construction of a highway and communication route between Mexico and El Salvador (December 2026) Construction of a private airport (December 2029) Industrial complex move-in completed
financing	Self-finance, bank financing, foreign direct investment, etc.
Scale	1 million dollars
Project period	2021-2029

Main Content	The Michatoya Pacífico Industrial Complex is the only special public economic development zone in Central America with an area of 2,000,000 mXNUMX, with the purpose of constructing an integrated smart city. The project includes the construction of clusters of various industrial, commercial and service types. Integrated projects such as social responsibility, job creation, technology and sustainability -Renewable energy complex within the complex, commercial facilities, universities, public health centers, houses, helicopter landing sites, fire stations, daycare centers, banks, etc. will be built.
Reason for selection	Korean companies can provide mechanical equipment, technology transfer, software, etc. for the smart city in the industrial complex

opportunity factor	The client is interested in Korean products for smart cities such as transportation and parking smart systems
Threats	There is a possibility that the project funding is not sufficient.
local collaboration possible company	American Chamber of Commerce in Korea (AMCHAM), Guatemala Mexican Chamber of Commerce (CAMEX), Guatemala Chamber of Commerce (CIG), Tax Office (SAT), etc.
Other notes	Participation through video conference with related Korean companies is possible