Punctual delivery, proximity to the largest global markets, industrial clusters, and abundant and efficient human capital, are features of the manufacture & assembly industry in Guatemala, which position the country as the most attractive production center for investment in Meso-America.
The manufacture and assembly sector in Guatemala used to be integrated by industries involved in clothing and textiles. Presently, the objective is to position Guatemala as an investment destination that may be attractive to strategic sub-sectors such as electronics, auto parts and medical supplies.
The main commercial partners for Guatemala in this sector are: Central America, the United States, the Caribbean, South America and the European Union, among others.
For 2011, the manufacture sector represented 30% of the total exports of Guatemala, which amounted to US$2,500 million. This shows the dynamic performance and growth of this sector in Guatemala.
Elements such as adding value to the products, the opening of new markets such as the United States and Central America, the ongoing negotiations of free trade agreements with the European Union and those already signed with Panama, Colombia and Chile, as well as the improvement of productivity and market intelligence represent investment and trade opportunities for new investors who want to utilize the advantages offered by Guatemala as an export platform and a logistics center for the world.
Mexico, a country that has manifested a growing and continuous interest in the Central American manufacture sector, is the main commercial partner of the United States and is Guatemala's neighbor.
Guatemala is the perfect platform to supply directly to the biggest market in the world.
Guatemala's privileged and unique location facilitates business opportunities with USA suppliers.
The Mexican market itself is very interesting also and is ranked No. 14 worldwide.
LABOR FORCE AVAILABILITY
Guatemala has the availability of young workers: 70% of the total population is less than 30 years
Guatemala is the country with the largest economically active population of the Central American region: 40% of the total population of Guatemala and 35% of the total population of Central America
Guatemalas human resources are recognized worldwide for their skills and productivity and is well known that labor costs are competitive in the country
"One of the main factors that have allowed us to export to over 30 countries is the high quality of the Guatemalan labor force. Having such high skilled labor in our company is certainly a competitive advantage"
Juan Carlos Tefel, CEO FOGEL and member of Cámara de Industria de Guatemala Board.
GUATEMALA'S MAIN ADVANTAGES
Abundant skilled labor force.
Competitive costs for sea and air transportation.
Open market for power generation.
Competitive costs for telecommunications services.
Ports in the Pacific and Atlantic Oceans.
Technical training for operational workers. (INTECAP)
Invest In Guatemala is the agency that will assist you with the start up of your company in Guatemala.
INVEST IN GUATEMALA!!!!