Skip to content

Latest figures

Which foreign investments have failed or exited Guatemala?

According to the cited documentsSecondary sourceCases

EXMIBAL/Inco initial investment

US$228 million

Concession 1971, inactive since 1980Wikipedia

EXMIBAL/Inco (nickel): initial investment of US$228 million under a 1971 concession, inactive since 1980. Telefónica (telecom): exit from the country in 2019 with a sale to América Móvil for US$333 million. Tahoe Resources (silver): flagship mine suspended in 2017 and the company absorbed by Pan American Silver in 2019 for some US$1,100 million with the asset idle. CGN/ProNiCo (nickel): sanctioned by OFAC in November 2022, operation affected. TCQ (ports): concession obtained with bribes, criminal proceedings in 2016–2018, an asset that survived under APM Terminals. Nestlé Nicaragua, as a contrast: plant closure in 2024 while investing in Guatemala (headline only).

Read moreRead less
  • OFAC sanction on CGN/ProNiCo

    November 2022

    2022Wikipedia
  • Sale of Telefónica Guatemala to América MóvilUS$333 million2019Wikipedia
  • Absorption of Tahoe by Pan American Silver~US$1,100 million2019Wikipedia
  • TCQ criminal proceedings2016–20182016–2018CICIG

Sources

  • Wikipedia

    El Estor

    • EXMIBAL/Inco initial investment
    • Sale of Telefónica Guatemala to América Móvil
    • Absorption of Tahoe by Pan American Silver
    • 1 more figure
    en.wikipedia.orgAccessed Aug 19, 2026Go to the source
  • Wikipedia

    Solway Investment Group

    • EXMIBAL/Inco initial investment
    • Sale of Telefónica Guatemala to América Móvil
    • Absorption of Tahoe by Pan American Silver
    • 1 more figure
    en.wikipedia.orgAccessed Aug 19, 2026Go to the source
  • Wikipedia

    Telefónica

    • EXMIBAL/Inco initial investment
    • Sale of Telefónica Guatemala to América Móvil
    • Absorption of Tahoe by Pan American Silver
    • 1 more figure
    en.wikipedia.orgAccessed Aug 19, 2026Go to the source
  • Wikipedia

    Pan American Silver

    • EXMIBAL/Inco initial investment
    • Sale of Telefónica Guatemala to América Móvil
    • Absorption of Tahoe by Pan American Silver
    • 1 more figure
    en.wikipedia.orgAccessed Aug 19, 2026Go to the source
  • CICIG

    Caso TCQ

    • TCQ criminal proceedings
    cicig.orgAccessed Aug 19, 2026Go to the source