Guatemala Tenders Opportunity- A Brief Overview

By Author: John Eric
Total Articles: 30
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Guatemala, a country in Central America, is one of the most developing countries in the world. With a diversified ecosystem, the country is known to be one of the most popular tourists’ destinations in the entire world. The macroeconomic stability of the country has enabled a positive economic growth. Today Guatemala is one of the few countries that have exhibited positive growth during period of severe crisis. In fact, the country has the largest economic market in Central America.

Reasons for Better Business Prospects in the Country

Guatemala offers numerous business opportunities to entrepreneurs from different parts of the world. There are many favorable factors which contribute to the attractive business arena of the country. The country is still termed as a developing country as poverty and unemployment still persists in Guatemala. Yet, it has showcased tremendous development in the past few years carving a niche in the global markets.

The government has adopted certain policies to promote large scale development in the country. These policies have contributed to the endeavors of both the ...
... private and the public sector in improving the business scenario of the country. This has further lead to an economic boom and access to international markets. Moreover the country has exhibited constant economic stability over the past several years.

Today there are innumerable opportunities in the business scenario in the form of tenders floated in various sectors. The tendering and procurement business has allowed local entrepreneurs to access the international market and expand their business parameters beyond the geographical boundaries of the country.

Guatemala tenders opportunities prove to be beneficial for both local and oversea entrepreneurs as the country follows free market economy policy to encourage foreign investments. Moreover, the geographical position of the country serves as a perfect platform for some of the biggest markets in the world.

With a better access to both the Pacific Ocean and the Atlantic, the country has modern seaports which facilitate better trade and commerce with countries in North America, Europe and Asia.

There are many other factors which contribute to the reason why entrepreneurs find the economy of Guatemala to be one of the most promising business ventures in the global scenario. Some of the reasons are highlighted below:

The country has entered into free trade agreements with Mexico and United States, some of the largest markets in the world.
Non-discrimination policies adopted by the government to provide equal status to both local and oversea entrepreneurs.
Better infrastructural facilities which provide easy access to seaports and other trade centers are also available. The living conditions of the people are also improvised by the state government.
The government has also introduced transparency in trade and legal aspects to attract foreign investors.

Recent Tenders from Guatemala

Most of the Guatemala tenders include business opportunities in the field of hospital equipments, health and hospital supplies and so forth. By floating these tendering opportunities, the government aims to improve the overall medical and health care facilities of the country. Information pertaining to these global tenders can be procured from online trade portals quite easily.