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  • Infrascope 2025/26
    Infrascope 2025/26

    Guatemala

    Score: 51.1
    out of 100
    Rank: 13th
    out of 26 countries

    Guatemala has made meaningful progress on revitalizing its public-private partnership (PPP) program, with recent legislative reforms strengthening its institutional framework, broadening project development opportunities and reflecting broad political support. Construction of a major highway project also marks an important step in these efforts. While its PPP market remains relatively small, these developments provide a foundation for expanding private participation in infrastructure.

    GTM_name
    MACRO ENVIRONMENT
    Population, 202518.7m
    Source: The Economist Intelligence Unit
    GDP (US$), 2025$123.3bn
    Source: The Economist Intelligence Unit
    Sovereign risk rating, Oct 2026BB+
    Source: S&P Global Ratings
    PPP INVESTMENT
    Number, 2016-25*2
    Source: IJ Global‡
    Total (US$), 2016-25$120m
    Source: IJ Global‡
    % of all infrastructure investment, 2016-25†1%
    Source: IJ Global,‡ Infralatam, Economist Enterprise
    PPP INVESTMENT BY SECTOR (US$), 2016-25
    Renewables
    Renewables$120m
    Source: IJ Global‡
    * Number of projects that reached financial close, including subnational projects. † Value of infrastructure PPPs (see definition in IJ Global footnote) divided by total infrastructure spending (estimated using Infralatam’s public sector estimates and Economist Impact calculations), averaged over the past ten years. ‡ Source: IJ Global, cross-checked with the World Bank PPI database. Data may include projects that are developed under PPP, sectoral or concession laws, with differences among countries. Focuses on greenfield and brownfield projects; excludes asset acquisition, company acquisition, securitization and refinancing transactions.
    Policies and institutions
    Guatemala established its PPP framework through legislation adopted in 2010 and accompanying regulations in 2011.1,2 Reforms enacted in 2025 strengthened the framework and reorganized the National Agency of Partnerships for the Development of Economic Infrastructure (ANADIE) into the National Infrastructure Agency (ANI), overseen by the National Infrastructure Council (formerly CONADIE).3 ANI coordinates PPP development and procurement, while the council oversees the program, approves projects and coordinates participating public institutions. More broadly, the 2025 reforms aimed to facilitate PPP development and expand PPP opportunities for municipalities and infrastructure in health, education and water.4
    Recent market developments
    Guatemala's PPP market remains relatively small, although implementation of the Escuintla–Puerto Quetzal highway has advanced. Construction began in July 2024, several years after the project's award, marking an important milestone for PPPs in the country, but property acquisition and electricity infrastructure relocation have delayed completion.5,6 Meanwhile, ANI has expanded its efforts to develop a more diversified project pipeline. Its August 2026 sector plan identified ten strategic proposals spanning transport, electricity transmission, waste management, regional airports and public facilities, following a broader screening and prioritization exercise.7,8 These projects remain at early stages of development, while longer-standing proposals, including La Aurora International Airport modernization and a government administrative center, continue through preparation.9
    Political and public support
    Political support for PPPs has strengthened under the current administration (2024 to present), which has emphasized private investment in infrastructure development. The 2025 reforms ultimately received broad legislative backing, with 129 lawmakers voting in favor, despite disagreements that delayed passage.10,11 This represents an important commitment to strengthening the PPP framework, given historical difficulties advancing projects through congressional approval.12 Translating this political consensus into a sustained record of project approvals and implementation remains an important next step. While there is little evidence of sustained opposition to PPPs as a policy instrument, disagreements over private-sector representation in their governance have surfaced.13 Sustaining political commitment and effective stakeholder engagement will be important as Guatemala seeks to advance its project pipeline.
    Notable strengths
    Guatemala performs relatively well in the regulations and institutions category, supported by its newly strengthened PPP institutions, basic guidance for interagency coordination and a public registry for awarded projects. It also exceeds the regional average in risk management and contract monitoring, reflecting clear provisions for risk allocation and lenders' step-in rights, alongside regular reporting on ongoing projects. These arrangements provide a useful foundation for PPP oversight, although the effectiveness of the recently reorganized institutions and broader contract-management framework remains relatively untested.
    Notable challenges
    Despite recent progress, the project preparation and sustainability category remains Guatemala's principal weakness, particularly project selection, where it ranks among the region's lowest performers. Feasibility and economic assessments are required, but the framework lacks systematic needs assessments, clear prioritization criteria and standardized appraisal tools, although ANI's expanded mandate and resources could help address these gaps. Elsewhere, key provisions governing contract variations and renegotiations are lacking, and environmental and social sustainability remains underdeveloped, with limited requirements to incorporate climate resilience and social inclusion into PPP planning.
    Recent progress
    Guatemala recorded the region's third-largest overall score improvement, including a 9.8-point gain in project preparation and sustainability, the second-largest in that category. The 2025 reforms introduced provisions for unsolicited proposals and restructured ANI's capital fund, introducing dedicated accounts and allowing unused balances to carry forward.14 The fund has also received resources earmarked for pre-investment studies, while ANADIE has advanced project preparation work, helping address obstacles to bankable PPPs.15,16 Other advances include stronger land administration arrangements, new requirements to assess PPP suitability, and PPP-specific training among agency staff.

    Top five recommendations for progress

    (ordered according to index category)

    1
    Establish clearer procedures for contract variations and renegotiations
    Introduce predefined mechanisms for routine contract adjustments and clearer rules governing renegotiations, including compensation and penalties where appropriate. Establish higher-level approval requirements for material contract changes to strengthen oversight, predictability and accountability throughout PPP implementation.
    Timeline to achieve
    Medium term
    Difficulty to achieve
    Medium
    Impact on category 1: Regulations and institutions
    Guatemala: current score
    86.1
    Score with recommendation applied
    95.8
    020406080100
    2
    Strengthen project selection and standardize appraisal methodologies
    Establish systematic needs assessments and transparent criteria for prioritizing PPP projects against national infrastructure objectives. Develop standardized methodologies and tools for cost-benefit, value-for-money and fiscal affordability assessments to ensure more consistent project selection and procurement decisions.
    Timeline to achieve
    Medium term
    Difficulty to achieve
    High
    Impact on category 2: Project preparation and sustainability
    Guatemala: current score
    35.4
    Score with recommendation applied
    49.5
    020406080100
    3
    Integrate climate resilience and social inclusion into PPP planning
    Introduce explicit criteria for assessing climate resilience and social inclusion during PPP identification and selection. Develop guidance that incorporates national climate commitments, gender equity, employment opportunities and participation by smaller businesses into project preparation and evaluation.
    Timeline to achieve
    Short term
    Difficulty to achieve
    Low
    Impact on category 2: Project preparation and sustainability
    Guatemala: current score
    35.4
    Score with recommendation applied
    54.1
    020406080100
    4
    Require environmental and disaster risk assessments for PPP projects
    Require PPP feasibility studies to assess risks posed by environmental conditions and natural disasters, alongside existing environmental impact assessments. Establish standardized guidance for incorporating disaster risk mitigation, preparedness and resilience measures into project planning and design.
    Timeline to achieve
    Medium term
    Difficulty to achieve
    Low
    Impact on category 4: Risk management and contract monitoring
    Guatemala: current score
    59.5
    Score with recommendation applied
    67.8
    020406080100
    5
    Standardize PPP performance monitoring and reporting
    Develop common templates and procedures for monitoring service quality and operational performance across PPP projects, building on existing reporting requirements. Establish downloadable data formats to support transparent reporting and analysis as projects enter operation.
    Timeline to achieve
    Medium term
    Difficulty to achieve
    Medium
    Impact on category 5: Performance evaluation and impact (ex-post)
    Guatemala: current score
    27.6
    Score with recommendation applied
    38.7
    020406080100
    Assessment guidance:
    Short term: achievable in months (ie, straightforward activities such as procedural updates)
    Medium term: up to a year (ie, moderately involved activities such as building web platforms)
    Long term: more than a year (ie, time-consuming activities such as new legislation/institutions)
    Difficulty/complexity: rated as low/medium/high—often mirrors the time frame, but can differ based on how technical it is, how many resources are needed and how politically challenging it is, etc.
    1. https://anadie.gob.gt/wp-content/uploads/2016/04/Ley-de-Alianzas-para-el-Desarrollo-de-Infraestructura-Economica-Decreto-16-2010.pdf
    2. https://anadie.gob.gt/wp-content/uploads/2016/04/Reglamento-Ley-de-Alianzas-Acuerdo-Gubernativo-360-2011.pdf
    3. https://www.congreso.gob.gt/detalle_pdf/decretos/13690
    4. https://www.congreso.gob.gt/noticias_congreso/14935/2025/4
    5. https://dca.gob.gt/noticias-guatemala-diario-centro-america/conadie-aprobo-la-adjudicacion-de-la-autopista-escuintla-puerto-quetzal/
    6. https://anadie.gob.gt/project/autopista-escuintla-puerto-quetzal/
    7. https://dca.gob.gt/noticias-guatemala-diario-centro-america/1257354/
    8. https://agn.gt/guatemala-cuenta-con-un-nuevo-portafolio-de-10-proyectos-por-medio-de-alianzas-publico-privadas/
    9. https://anadie.gob.gt/wp-content/uploads/2025/04/CARTERA-2025-S2.pdf
    10. https://www.congreso.gob.gt/noticias_congreso/14947/2025/
    11. https://www.prensalibre.com/guatemala/politica/oficialismo-pierde-el-pulso-para-sacar-al-cacif-de-la-ley-de-anadie/
    12. https://guatemala.gob.gt/consejo-de-alianzas-publico-privadas-pide-aprobacion-de-proyectos-de-infraestructura/
    13. https://www.congreso.gob.gt/noticias_congreso/14911/2025/
    14. https://anadie.gob.gt/wp-content/uploads/2025/12/Decreto-21-2025-29.12.2025.pdf
    15. https://www.minfin.gob.gt/wp-content/uploads/downloads/informes_gestion/2cuatri24/anadie1.pdf
    16. https://www.congreso.gob.gt/noticias_congreso/13144/2025/4

    Infrascope 2025/26

    Score 0–100 where 100 = best, rank out of 26 countries

    Nascent

    0 to <30

    Emerging

    30 to <60

    Developed

    60 to <80

    Mature

    80 to 100
    0102030405060708090100
    Case study

    Guatemala’s transition toward a new PPP framework

    After more than a decade of limited PPP delivery, Guatemala has overhauled its legal and institutional framework. The reforms seek to overcome longstanding bottlenecks in project preparation and approval, offering lessons on turning infrastructure pipelines into investable projects.
    Guatemala’s transition toward a new PPP framework