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Creating Economic Opportunities

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This project promotes trade and investment, mobilizes financial services, upgrades productive infrastructure, and improves private sector competitiveness, benefiting poor and vulnerable populations, particularly Indigenous youth.
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This project promotes trade and investment, mobilizes financial services, upgrades productive infrastructure, and improves private sector competitiveness, benefiting poor and vulnerable populations, particularly Indigenous youth.

The objective of this project is to reduce poverty and improve living conditions of Guatemalans, closing gaps between Guatemala and migrant destination countries, to create a Guatemala in which “economic opportunity” exists and irregular migration is not necessary in order to find opportunities. This project works with municipalities and utilizes the National Planning System in coordination with the private sector to promote trade and investment, mobilize financial services, upgrade productive infrastructure, and improve private sector competitiveness.

Through a market-led approach, CEO grows and expands formal businesses and employment to create income generating opportunities for Guatemalans, primarily in non-agricultural sectors. By focusing on select municipalities in five departments of Guatemala’s Western Highlands, with particular attention given to intermediate and emerging intermediate cities, as well as the department of Guatemala (area with high levels of irregular migration), CEO is benefitting poor and vulnerable populations, particularly indigenous youth (aged 15 to 24 years).

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This project is expected to run from January 19, 2018 through January 18, 2023 with an estimated total USAID investment of $69,895,427.

USAID’s implementer for this project is Palladium International LLC.

Contact

For more information contact info.ceo@thepalladiumgroup.com

Related Links

  • Country Development Cooperation Strategy

    Prosperity in Guatemala

    USAID works with the people of Guatemala to improve health and education outcomes and create new opportunities for investment, job growth, and expanded markets. Learn more

  • Country Development Cooperation Strategy

    Indigenous Peoples

    USAID promotes the social, political, economic, and cultural inclusion of Indigenous Peoples to foster and accelerate inclusive development across Guatemala. Learn more

  • Country Development Cooperation Strategy

    Women

    USAID works to make Guatemala a more equal society by reducing gender gaps in access to resources, services, participation and time use. Learn more

  • Central America Strategy

    Youth

    USAID promotes youth engagement to ensure that they have a role in decision-making and a voice in Guatemala’s future. Learn more

  • Development Sector

    Economic Growth

    USAID economic growth programs create jobs and boost incomes, improving living conditions for Guatemalans and reducing the need to migrate. Learn more

Last updated: August 26, 2021

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