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· Population: 14.4 million
· Total Workforce Size: 4.2 million
· Unemployment Rate: 3.2 %
· Literacy Rate: 69% Female, 80% male
· Official Language: Spanish
· GNI Per Capita: $2,670
· Ease of Doing Business rank: 101st of 183
· S&P’s Currency Risk Rating: BB+
· Economist’s 2010 Democracy Index: 75th of 167 (Flawed Democracy)
· Transparency International’s Corruption Perception Index: 91st of 178, score of 3.2

Why Guatemala? For starters, they have an abundant and qualified workforce, with the largest student body in the region and 4.3 million EAP.  The telecommunications infrastructure in the area is reliable, as is the energy industry, where 75% of generation is privately owned.  With low telecomm and real estate prices, the TCO in Guatemala is low compared with the rest of LATAM.  Guatemala City (known colloquially as Guate) is the economic, political, and cultural capital of Guatemala, serves as the main port of entry into the country, and offers the highest availability of internet accessibility.  The metropolitan area has experienced drastic population growth in recent years, and problems like transportation saturation, availability of potable water, and increased crime have accompanied the growth.  

What Central America has to Offer

These days, services outsourced to Central America reach far beyond call center offerings. Costa Rica blazed the trail in Latin America for software development services and web design. In fact, Costa Rican design and programming firm InterGraphic Designs signed popular nearshoring news source Nearshore Americas as a client.
Beyond Costa Rica, other countries in Central America have well-established companies in local web development market. In Nicaragua, check out Guegue and Webbasica, web studios that offer web development, design, marketing, and hosting services. El Salvadorian company Happy Punk Panda Studios creates digital campaigns for brands, and an array of web companies are popping up in Guatemala.
Read it here at The Next Web

Jet Blue Prepares to Offer More Flights
to Latin America

Jet Blue may become the airline of choice for companies with nearshoring strategies...

JetBlue Airways Corp., with 65 daily trips to the Caribbean and Latin America, may fly to more distant international destinations as it adds fuel-saving winglets to planes and receives new Airbus SAS A320neo jets.

The changes, along with replacing smaller Embraer E190 jets with bigger planes on some routes, will allow the New York-based carrier to fly farther and carry more passengers. JetBlue announced a $2.5 billion order Tuesday for 40 A320neos.

The plan will allow JetBlue to expand its strategy of focusing flying in New York, Boston and the Caribbean. The carrier said it also is likely to use Airbus A321 aircraft it will receive to boost service on high-demand cross-country routes between New York and San Francisco and Los Angeles.

Read it at Ashbury Park Press