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| Interoceanic Corridor to become a reality through land purchase |
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Interoceanic Corridor to become a reality through land purchase
During the verification of the progress of the Interoceanic Corridor in Teculutan, Zacapa, this Thursday, President Otto Pérez Molina, said that in the next 20 days the purchase of 3 thousand 533 properties where the project will become a reality, are being negotiated.
BY PRENSA LIBRE.COM
GUATEMALA
GUATEMALA CITY – For the purchase of land that will be used to make railroads and highways, they have established US$370 million (Q2 thousand 960 million) from private and public funding.
The verification of the properties and the drawing of maps required at least 10 years work; notwithstanding, there is a requirement of at least five years of work so the project can become a reality.
The objective of the project is to become a place to exchange goods between the Pacific and Atlantic Oceans as an alternative to the Panama Canal. With the purchase of the land, they expect to benefit at least 30 thousand families directly.
The Corridor will go through 46 municipalities of Izabal, Zacapa, Jutiapa and Chiquimula; it will be 372 kilometers long and 140 meters wide.
In February of this year, Pérez Molina began a work tour in Spain, looking for investors for the project.
*With information from Geovanni Contreras ( By: Prensa Libre.com , 24/04/2013 )
(
By: Prensa Libre.com
,
24/04/2013
)
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