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Guatemala<br />

Greetings<br />

Guatemala:<br />

Economic <strong>and</strong><br />

<strong>Investment</strong> Promotion<br />

Foto: Embassy of Guatemala<br />

H. E. Antonio Roberto Castellanos López<br />

Ambassador of the Republic of Guatemala to Austria,<br />

Czech Republic, Slovakia, Slovenia <strong>and</strong> Hungary<br />

I<br />

would like to take this opportunity to congratulate<br />

the <strong>European</strong> <strong>Business</strong> <strong>and</strong> <strong>Investment</strong><br />

Forum-iconvienna, headed by Dr. Gerhard<br />

Hrebicek, for arriving to its eleventh<br />

anniversary. Throughout all these years iconvienna<br />

has consolidated itself as an important<br />

platform for investment <strong>and</strong> business promotion<br />

for the countries represented in Vienna. I<br />

would also like to express my appreciation for<br />

inviting all Latin American countries to present<br />

the opportunities we have to offer to prospective<br />

investors <strong>and</strong> business operators who read<br />

this publication.<br />

Guatemala is the economic hub of Central<br />

America <strong>and</strong> meeting point for business,<br />

thanks to competitive advantages such as geographic<br />

location, rich natural resources, skilled<br />

workforce <strong>and</strong> high logistics <strong>and</strong> services<br />

center performance. Guatemala boasts also, a<br />

solid infrastructure <strong>and</strong> increasing technological<br />

avidity, positioning itself as the metropolis<br />

of the sub-region.<br />

Its geographical proximity to markets like<br />

México, Central America <strong>and</strong> the United States,<br />

as well as its easy access to both the Atlantic <strong>and</strong><br />

the Pacific oceans has transformed Guatemala<br />

into a direct trade path towards regional <strong>and</strong><br />

international markets. Furthermore, it plays an<br />

important role in international business owing<br />

to a long list of free trade <strong>and</strong> investment agreements<br />

with countries <strong>and</strong> regions such as the<br />

EU, the USA, Mexico, Chile, Central America<br />

<strong>and</strong> Dominican Republic <strong>and</strong> Colombia, among<br />

others.<br />

Guatemala has a consolidated presence as a<br />

manufacturing center, particularly in clothing<br />

<strong>and</strong> textiles. Meanwhile, sugar has become<br />

another important product <strong>and</strong> mining is an<br />

increasing source of revenue. However, coffee<br />

still remains Guatemala´s main traditional export<br />

<strong>and</strong> a br<strong>and</strong>ing iconvienna for international<br />

recognition.<br />

Finally, I would like to highlight the relevance<br />

of tourism owing to the country’s natural<br />

beauties, in a unique combination of beach<br />

resorts, striking volcanoes, impressive pre-columbian<br />

remnants <strong>and</strong> colonial treasures such<br />

as La Antigua, not to mention the color, warmth<br />

<strong>and</strong> hospitality of its inhabitants.<br />

<strong>The</strong> <strong>European</strong> <strong>Business</strong> <strong>and</strong> <strong>Investment</strong> <strong>Magazine</strong> <strong>iconannual</strong> 41

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