El Salvador attracted investments in energy, tourism, and technology in 2022.

The government reported that during the past 2022, it was possible to further improve the conditions for companies to choose the country as a partner for modern projects, thanks to security strategies and investment attraction.

As an example of this effort, the government highlighted the arrival of international companies such as MPC Energy Solutions, Mitsubishi Corporation, Hyundai Engineering, Dowha Engineering, Exim Bank, Samsung C&T, Link Aviation, Norwegian Cruise Line Holdings, the AraJet airline, the energy plant Anchor (in charge of an investment society), Holcim, and Silicon Hills (also in charge of a group of investors), among the main ones.

In addition, he indicated that after 13 years, it was possible to secure the construction of three new free zones and technology parks in the area of the Port of Acajutla.

The presidential commissioner for strategic projects declared that the government’s plan to take advantage of the logistics potential led El Salvador to participate this year for the first time in the UN Investment Fair.

“President Nayib Bukele’s strategic commitments aimed at security, education, tourism projects, and port and airport infrastructure are essential for us to continue advancing at accelerated steps,” Flores said.

In addition, he stated that the community of Salvadorans Abroad (SALEX) made an “extraordinary contribution” during 2022, since according to the Investment and Export Promotion Agency (Proesa), last year the SALEX executed projects for an accumulated amount of $478 million distributed in 167 projects.

As a result of these initiatives, the government estimates that it is possible to create 7,400 direct jobs and up to 26,000 indirect ones.

«It is simple to invest in El Salvador: there is a legal stability agreement. It is done hand in hand with government institutions,” Commissioner Flores reiterated.