PRONACOMPrograma Nacional de Competitividad (Guatemala)
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In its bid for continued life in the new administration, PRONACOM claims some impressive achievements, including closing out 2006 with US$354 in foreign direct investment (FDI), 36% better than the previous year.
Seidner stepped up to take credit here, too, with the uncontested claim that a program within PRONACOM, Invest in Guatemala, facilitated the creation of new national and international businesses over the four-year period, adding up to about US$7 billion.
In the PRONACOM view, what has most attracted foreign investment is a combination of legal reforms making it easier to set up businesses, stable macroeconomic indicators, and some natural advantages like geographic position.