IADB helps finance Guatemala's digital transformation
The Inter-American Development Bank has agreed financing to help Guatemala advance towards digital transformation and boost citizens’ access to fixed and mobile broadband connectivity.
With a $70 million investment – $45 million from the IADB's ordinary capital and $25 million from the Korea Infrastructure Development Cofinancing Facility for Latin America and the Caribbean - the program will boost the country’s institutional and operational capacity.
One of the operation’s main goals is to expand and equip access networks, connecting more than 3,200 public sites through existing infrastructure and the outfitting of necessary telecommunications equipment. It will also install a state-run datacenter in accordance with good practices for broadband network security and efficiency.
The program’s beneficiaries will be schools and public agencies connected to the network as well as students and members of the general public who make use of access to digital services at the connected public facilities in the departments of Quiché, Alta Verapaz, San Marcos, and Huehuetenango.
