Guatemala’s Ministry of Governance (Mingob) anticipates receiving approval from the Central American Bank for Economic Integration (BCIE) in September. This approval concerns an extension to a $300 million loan. The funds are earmarked for the construction of the Masagua maximum-security prison located in Escuintla. Securing the BCIE's endorsement is crucial to proceed with the tender process for the prison’s construction. The loan extension is vital to moving forward with the project. The Masagua prison is intended to be a state-of-the-art facility. The project aims to address concerns regarding prison conditions and security within Guatemala.