Guatemala, Guatemala (PRWEB) April 06, 2014
To promote the competitiveness of the national manufacturing sector, AGEXPORT and The Guatemalan Chamber of Industry, organized “MANUFEXPORT 2014, Special Edition,” where 100 buyers from the USA, Central America, Mexico, Caribbean and Colombia, will see what Central America has to offer with regards to food and beverages (perishable and non-perishable), plastics, personal care and cosmetics, cleaning supplies, paper converters and processors, and for the first time it also includes household items, clothing, accessories and footwear for retail.
MANUFEXPORT is not just an international Guatemalan fair; it is a country-wide project that aims to support all Guatemalan and Central American manufacturing companies to expand their operations through international business. This fair will be a strategic platform for finished product companies to position themselves at the national, regional and international levels, said the President of MANUFEXPORT, Francisco Menendez.
In addition, the President of the fair said that MANUFEXPORT is the only manufacturing fair focused 100% at do business, and because of that will be planning double business circles, that is to say, offer the opportunity to build business between national companies and international buyers, estimating that 2,400 appointments will be made and the fair will close with approximately US$16 million in sales.
MANUFEXPORT 2014 is being envisioned with the concept of “Mega Retail Store”; this means that it opens the door to all products that can be displayed in stands. The manufacturing sector represents a link in the chain of the national economy, representing only the 40% of the value of Guatemalan total exports generating nearly 170 thousand direct jobs and provides US$4,035,000 of foreign exchange sales abroad. This represents the impact that the manufacturing sector accounts for Guatemala, said Menendez.
Juan Carlos Tefel, Director of the Guatemalan Chamber of Industry, expressed that the alliance between productive sectors of the country is really important to continue to create opportunities for the companies, resulting in more economic growth and more formal jobs.
The exporting manufacturing sector grew by 1.84% in 2013 when compared to the previous year, and about 61.5% were directed to the Central America market, (US $1 billion 921 million), while the rest (38%) was exported to other regions of the globe. The markets such as Europe, United States and Dominican Republic, were positively impacted by Guatemalan and Central American products including processed foods, beverages, materials and plastics, pharmaceuticals and paper products.