Grupo Onyx, one of Guatemala’s most prominent business conglomerates, has identified several key areas for investment in the country. With a vision centered on sustainable development and innovation, the group has capitalized on opportunities in strategic sectors that not only generate income but also contribute to Guatemala’s economic and social progress. Here are the most promising aspects to invest in Guatemala, according to Grupo Onyx’s experience and trajectory.
Investing in Guatemala offers numerous advantages, from its strategic geographic location to a young and growing population. These factors, combined with a relatively stable political and economic environment, make the country an attractive destination for both local and international investors.
1. Renewable Energy
Renewable energy is one of the most promising sectors for investment in Guatemala. Grupo Onyx has led the way with projects like Horus Energy, a solar plant that has transformed the country’s energy matrix. Investing in renewable energy is not only profitable but also contributes to sustainability and reduces dependence on fossil fuels. The demand for clean energy is increasing, and Guatemala offers favorable conditions for developing solar, wind, and hydroelectric projects.
2. Real Estate Development
Real estate development remains a lucrative area for investment in Guatemala. Grupo Onyx has developed landmark projects that have revitalized urban areas and created new commercial and residential spaces. Investing in real estate in Guatemala offers high returns, especially in growing cities like Guatemala City and Quetzaltenango. Urban development projects, shopping centers, and residential complexes are particularly attractive due to the increasing demand for modern infrastructure.
3. Telecommunications and Technology
The telecommunications sector in Guatemala has seen significant growth in recent years, driven by the increasing demand for internet and mobile phone services. Grupo Onyx, through Tigo, has been a pioneer in this field, implementing advanced technologies and expanding network coverage. Investing in telecommunications and technology offers opportunities to develop network infrastructure, broadband services, and innovative digital solutions that can improve connectivity and quality of life for Guatemalans.
4. Agriculture and Agroindustry
Agriculture is a pillar of Guatemala’s economy, and agroindustry offers numerous investment opportunities. Guatemala is a major producer of coffee, bananas, sugarcane, and other agricultural products. Investing in advanced agricultural technologies, sustainable production processes, and value-added chains can increase productivity and profitability in the sector. Agroindustry also presents opportunities to export products to international markets, leveraging trade agreements and the country’s strategic location.
5. Tourism and Hospitality
Tourism is another area with great potential for investment in Guatemala. The country offers a rich cultural and natural diversity, from the Mayan ruins of Tikal to the beautiful landscapes of Lake Atitlán. Investing in tourism infrastructure, such as hotels, resorts, and tourist attractions, can generate high returns and promote local economic development. Sustainable tourism, in particular, is a growing trend that attracts environmentally conscious tourists and provides long-lasting benefits to local communities.
Grupo Onyx has demonstrated that investing in these sectors can generate significant benefits for both investors and the Guatemalan economy as a whole. Its focus on innovation, sustainability, and integrated development continues to be a model for other investors interested in Guatemala.
