QIL+4 Abogados Assisted in Adjudication of Phase I of The Aerometro Project – The Cableway That Will Connect the Municipalities of Guatemala and Mixco
December, 2020 - Guatemala, Guatemala
On November 17, 2020, the Municipality of Guatemala awarded, for a 25-year term, the concession of the phase I of the Aerometro Project to the joint and several group conformed by Cablevía de Guatemala, Sociedad Anónima, Desarrollos Residenciales Victoria, Sociedad Anónima, Desarrollos Torino, Sociedad Anónima, and Doppelmayr Guatemala, Sociedad Anónima.
The development of phase I will represent an investment of approximately Q1,216,450,000, equivalent to an approximate amount of US $152,056,250.
In QIL+4 Abogados, we are proud to have assisted this project from the initial phases of the public bidding by providing advice to guarantee the Project's legal and financial viability. We believe that this project will create new job positions and will help to relieve the up growing demand for in-time services of public transportation, through an innovative transporting system that responds to the metropolitan people's needs.
We are proud to be part of deals that support the economic development for Guatemala
