El Salvador favors the conditions for private investment

The Presidential Commissioner for Strategic Projects, Cristian Flores, visited the Palm Plaza shopping center project, located in front of the Masferrer roundabout.

«The investment climate in El Salvador is positive, this is a sign of confidence from the entire business sector that has said that they are committed to the development of the country» — said the commissioner.

El Salvador has become a favorable country for large investments and this is confirmed by the president of the Palm Plaza project, Alex Kanawati, declaring: «The investment climate is excellent, that is why we are encouraged to invest in El Salvador because of its friendliness» .

The project would be ready in April, amounts to more than $7 million investment and will bring around 300 to 400 direct and indirect jobs, said Alex Kanawati.

The Government of President Nayib Bukele has been dedicated to promoting investments, providing the necessary conditions for businessmen to have confidence and security, with the aim of generating economic development in the country.