• INTEROCEANIC CORRIDOR OF GUATEMALA

    The Path to Development

  • VISION

    Make the geographical position of Guatemala a mean for the benefit of all Guatemalans.

  • MISSION

    Promote infrastructure develpment to connect major global markets through transport and logistics services 

  • TRANSCENDENCE

    The States of the Isthmus from Panama to Guatemala, perhaps form an association.  This magnificent location between the two great oceans over time may be the emporium of the universe; its channels will shorten the distances of the world.” - Simon Bolívar, 1815.

Sistema Interoceánico de Guatemala

Imagen

About Us

Sistema Interoceanic de Guatemala S.A. (SIGSA) is the company owner of the Interoceanic Corridor of Guatemala, which brings together as shareholders over 200 entrepreneurs, 9,200 landowners, 6 rural communities, 2 indigenous communities, and 10 Associations of Municipalities representing 63 municipal governements. SIGSA will be the owner of the Interoceanic Estate and its rights of use. 

Read more...
Imagen

What do we do?

We generate added value for Guatemala, Central America and its people through the lease of the interoceanic estate for the development of logistics and services activities that connect global market. 

Read more...
Imagen

The Interoceanic Estate

The interoceanic estate is a strip of land 72 Km long and 140 meters wide that crosses Eastern Guatemala from coast to coast, integrating more than 20,391 hectares for the development of different economic activities.  The same is a strategic asset to Guatemala and Central America in terms of being an engine for regional development. 

Read more...
Imagen

Corporate Structure

Our management team and our partners and associates include people with a strong vision and commitment to regional development, integrating experience and skills in various disciplines. 

Read more...

The Interoceanic Corridor

The Interoceanic Corridor of Guatemala is proposed as a new route and trading platform in Central America to cover the Pacific - Atlantic commercial exchange, complementary to the Panama Canal and the United States Land bridge. Guatemala's proximity to large markets is potentially strategic to turn the Interoceanic Corridor into a logistics platform in Central America to serve international trade.

History of the Interoceanic Corridor of Guatemala

    The Interoceanic Estate acquisition process has been one of the greatest challenges that have arisen over the life of the Interoceanic Corridor of Guatemala. This process has involved social, political (municipal), legal, and technical activities. Through the project management, working by hand with the local communities, have enabled the consolidation of a social and political platform one-of-a-kind in the world.

  • 2000-2001

    Commercial, Technical, and Financial Feasibility Studies.

    ODEPAL retains feasibility studies along with ILI and ALATEC, both Spanish firms based in Barcelona, in order to determine the feasibility of the business of interoceanic transshipment of goods, as well as the technical specifications needed for its development and exploitation. These studies conclude with positive results for which ODEPAL goes to the next stage which is the structuring of the Interoceanic Estate.

  • 2006 – 2008

    Project Socialization

    We proceeded to socialize with the owners of 3,743 plots of land that make up the plot of the Interoceanic Estate, and with community leaders and members of municipalities, the visions of the Project, its purpose and benefits this Project could potentially mean for Guatemala and the population in general. The objective of this state was to gain the support of local communities and socialize the intent to make the project a reality through the sale of their lands at a fair price. At the same time information on plots and land owners was collected.

  • 2009

    Partnership with local associations and municipalities

    At this stage various agreements were entered into with municipalities (58) and local associations (10) in order to secure the support of local municipal leaders and provide participation in the Project to these same institutions with the understanding that the geographic position of Guatemala belongs to all Guatemalans.

    • A public-private partnership is signed from the local, where local associations are committed to supporting and implementing the Interoceanic Corridor as an instrument of development for their communities.
    • A charter is signed, with an equity participation of 5% is given to all municipalities as an economic benefit, which they undertake to use for the development of health, infrastructure, education and environmental projects.  In this agreement municipalities and associations declare Interoceanic Corridor a Project of public and municipal interest. 
  • 2009

    Characterization of the Interoceanic Plot

    ODEPAL looks after defining the first plot of the interoceanic estate for which proceeds to form 27 teams of scouts. Each group is assigned the task of geo-referencing using GPS about 12 km of line, marking points every 250 meters. At the same time, through ASOREMA, an environmental organization, and OGAM, municipal environmental management offices, plot corrections are made to minimize environmental impact.

  • 2010 - 2013

    Negotiation: Intention to Sell Plots.

    ODEPAL starts the process of negotiating the sale of 3,743 properties of the interoceanic strip, mobilizing a team of negotiators to every community in the area. With this process, a fair value of mutual agreement is made to the value of the land at market prices, infrastructure/crops and a Premium with the intention to sell its property as shareholder through 5% of participation to all owners together. About 17,000 negotiating meetings are documented and a document of intention of future sale by landowners is signed.

  • 2012

    Topography and documentation of owners / plots.

    A topographic and cadastral survey is conducted at 1:20,000 scale to prepare the first designs of the infrastructure to be implemented. This study provides a characterization of all properties in terms of its geology in addition to its measures, coordinates, and boundaries. At the same time, we have structured files with complete information for each property and its owner, integrating data such as: full name, ID, photo, property registration, cadastral property data, maps, GPS coordinates, title, etc. among several others.

  • 2013

    Verification of records (2013)

    A legal verification of all owner / plot records was carried out during the first months of 2013 by a group of 40 law students from the east of the country. The purpose of this process was to provide legal certainty to the records created, and create a reliable and structured database with all relevant information. Each record is signed and approved by the owner of the plot, the negotiator, the surveyor engineer, notary, a municipal delegate, and a representative of ODEPAL.

  • 2013 - 2014

    First Model of Land Contribution

    A socialization with landowners started in November 2013, on a model of land contribution and future payment by bill of sale in order to reduce the investment risk in the process of land acquisition. A majority of the owners agreed, and 22 committees of owners were organized representing different communities along the interoceanic estate, each committee is formed by a board of directors and a president or representative unanimously elected by the same owners of each community.

  • 2015

    Final Contribution Model

    From the first contribution model, in early 2015 ODEPAL outlines a new land contribution model where all landowners contribute their land against delivery of preferred shares of SIGSA, which shall earn two payments for 50% of the value of their land each in two different times. This model is socialized again with owner’s partners, and is accepted by the trust and credibility of the Project.

How the Interoceanic Corridor impacts in Guatemala and Central America:

Direct capital injection to landowners at fair market

Direct capital injection to landowners at fair market value. A total of $500 million (USD). 

Distribution of 11% profits in perpetuity

Distribution of 11% profits in perpetuity to 10 associations of partner municipalities, representing 58 municipalities in the East. 

Distribution of 5% of profits in perpetuity

Distribution of 5% of profits in perpetuity to 3,743 families owning land.

Generation of around 5,000 direct Jobs for

Generation of around 5,000 direct Jobs for construction and operation of transport systems, and about 20,000 indirect jobs. 

Increased levels of regional and global

Increased levels of regional and global trade competitiveness, and boosting the economy. 

Increase in foreign investment rates for the development

Increase in foreign investment rates for the development of initiatives in various productive sectors and industries. 

Influence of economic and commercial integration of Central America

Influence of economic and commercial integration of Central America as a competitive block against the developed economies of the world. 

Contribution to the strengthening of a culture of socially and environmentally

Contribution to the strengthening of a culture of socially and environmentally responsible business, with a vision of widespread regional development. 

A few words from us

Guillermo Catalán

President Board of Directors SIGSA

“We wish to make Guatemala a link in the global chain of logistics, having it serve the large global markets while making a positive impact in the region through an alternative development model.”

Jorge Melgar

Founding Partner

“By inclusively and generally increasing job and career opportunities, we wish to make an impact in the country and the immigration towards the United States of America.”

Vicente Osorio

Mayor of Santa Catarina Mita

“The mayors’ vision towards development goes far beyond any political and personal interests.”

Armando Palma

Land-Owner Partner

“I believe in this project because of the benefits and sources of employment it will bring to our communities, and because of the opportunity to be partners and therefore have our future generations inherit something of great value.”

Strategic Partners

Some of our strategic partners which add value from different perspectives.