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Guatemala Michatoya Pacifico Industrial Complex Integrated Smart City Construction

business overview

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

Detail

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

entry plan

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