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| Negotiating land purchase for the Interoceanic Corridor |
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Negotiating land purchase for the Interoceanic Corridor
At the moment, consortiums are looking for resources of US$450 million to purchase the land in the mapping.
Within six months, they are expected to begin working on building the Interoceanic Corridor that will have a cost of US$7 billion. It is expected to be finalized in 2020.
The project representative and President of the liaison and business office for the region, Guillermo Catalán, stated that for the moment, three consortiums are negotiating the paperwork in order to obtain 450 million dollars to purchase the land where the corridor will run.
“The property must be titled, but it is not only about paying the owners, but the taxes and the registry values”, stated Catalán.
According to the information received, the project will pass through five departments to join both oceans. There are agreements with at least two thousand 919 owners".
“The main idea is to position the country in the economic scenario”, said the representative.
According to Catalán, the benefits for our nation will translate to greater foreign investment, sources of employment and sustainable development".
The project
The Interoceanic Corridor of Guatemala (CIG) is infrastructure made up of a strip of land, three thousand three hundred thirty-six kilometers long and one hundred meters wide, between the Atlantic and Pacific Oceans.
An interoceanic railroad for the transportation of containers, a paved road with four lanes and an oil pipeline will be built. This will be complemented with the creation of industrial parks along the length of the zone, with two port complexes at both ends of the corridor.
We foresee economic growth and employment sources.
PUBLINEWS ( By: PUBLINEWS , 10/26/2012 )
(
By: PUBLINEWS
,
26/10/2012
)
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