Leveraging Economic Investment Through Alliances Climate-Resilient Infrastructure (LEIA)

2024-2027 - $1.2 Million

In May 2023, Corpora-Gov's Concept Paper was selected by USAID, leading to a collaborative co-creation process. By August 2024, Corpora-Gov was awarded a sub-grant to initiate the Leveraging Economic Investment Through Alliances Climate-Resilient Infrastructure (LEIA) Activity, with DevWorks as the prime grantee. Corpora-Gov will implement three foundational pillars within this activity, each contributing to a comprehensive strategy: Pillar 1: Transformation of Industrial Parks into Eco-Parks: This pillar will focus on implementing eco-friendly management practices to minimize ecological impact and promote sustainability. As part of this effort, Corpora-Gov will also develop a strategic investment plan dedicated to fostering eco-infrastructure within these parks. Pillar 2: Targeted Investment Promotion Strategy: This strategy will center on near-shoring, with an emphasis on attracting investments from Asia that seek proximity to U.S. markets. Pillar 3: Local Economic Development Strategy: This pillar will aim to create linkages between local enterprises and activities within the industrial parks, strengthening local businesses by providing them with access to broader markets and resources. Additionally, Corpora-Gov’s approach will include urban and community development in the areas surrounding these parks, extending the positive impacts beyond their boundaries and contributing to increased employment opportunities, thereby helping to reduce undocumented migration to the United States.

Turning Industrial Parks into eco-parks

Three parks have been initially identified to be part of the LEIA project including Puerta del Istmo, Michatoya Pacífico and Synergy. All three have been recently created and represent the largest group of industrial parks in Guatemala.