The rising demand for data storage and cloud computing has led to a demand for digital infrastructure. In order to meet the growing demands of local businesses, foreign investors are looking into investing in Guatemala’s data centers.
Why invest in Data Center Gautemala? Data centers have become a vital part of doing business today, as more and more companies rely on technology for their day-to-day operations. Because of this, governments, organizations, and individuals alike have been investing heavily in digital infrastructure projects, including building data centers to ensure that data is accessible and reliable.
With Guatemala already becoming the destination of choice for foreign investments, especially in the Information and Communications Technology (ICT) sector, more and more investors are looking into investing in Guatemala’s data centers as an opportunity to increase their income and profits.
Here are some reasons why you might want to invest in data center Gautemala:
- Cheapest guaranteed power rates in Central America: Data Centers require a lot of energy as they operate 24/7/365. Their power demand is such that it requires special tariffs from the local utility companies due to the constant supply required by the servers, which serve clients worldwide at any given time. This means that investing in data centers can be very profitable due to the low cost of power. For example, companies are charged $0.03 – $0.09 per kWh for electricity costs in Guatemala.
- Tax incentives for incoming investors into data centers: As an incentive to new investors who will build data centers that will generate employment opportunities and act as hubs of ICT (Information Communications Technology) activity, the Guatemalan government offers some tax exemptions which reduce taxes on dividends, intellectual property income, and corporate income taxes by 50% for five years and 25% for an additional five years after that period has elapsed.
- High population growth rate: Every day, more and more people are logging onto the internet to conduct various activities, including research, shopping, communicating with friends and family, or accessing information. As a result, there is a growing demand for cloud computing services that require hosting data in safe and secure data centers. This means that investing in Guatemala’s data center industry can be very lucrative because it will largely depend on increasing demands for hosting services.
In conclusion, investing in data centers is a very lucrative business idea for investors because of its high demand and profitability, especially if you live in Guatemala where power costs are as low as $0.03 per kWh as opposed to other countries where it may be as high as $0.20 per kWh.
The rising demand for data storage and cloud computing has led to a demand for digital infrastructure. In order to meet the growing demands of local businesses, foreign investors are looking into investing in Guatemala’s data centers.
