Salvadoran businessmen are increasingly joining the economic development of El Salvador with a diverse portfolio of investments, thanks to the confidence that the strategies of the government of President Nayib Bukele inspire in them in terms of security.
One of these initiatives is carried out by the company Inversiones Alas, which this year will develop three projects, specifically in the construction, services, and agribusiness sectors, all in the municipality of Apopa, in San Salvador.
The company’s representative, Francy Alas, reported that the investment is around a total of $13 million, only for the construction sector, and that the projects to be developed will boost commercial activity around Greater San Salvador.
As explained by Alas, among the projects to be developed are a distribution center, a gas station, and a shopping center, which will be built on two lots located next to the second integration roundabout in the jurisdiction of Apopa.
Likewise, the Salvadoran reported that he expects the dry product distribution center to be completed in December of this year, while the gas station and shopping center will be completed in 2024.
In addition, he commented that the earthworks to start the work on the logistics projects have already started. Tasks also include drilling a well. On the other land, the gas station and several commercial premises will be built.
“What has inspired us to invest here in the country is the good security climate that we are experiencing, thanks to the work carried out by the Government, which encourages us to want to contribute to the development of the areas and create jobs for several families” said the investor.
He also assured that El Salvador is living at the right time to invest, “it is the time for more Salvadoran businessmen and foreign investors to encourage us, today is the opportunity to develop our projects and the country,” Alas said.
For his part, the president of the Export and Investment Promotion Agency of El Salvador (Proesa), Salvador Gómez Góchez, visited the properties to find out the state of progress of the buildings and strengthen ties of cooperation with the Salvadoran investor by the institution .
“Our President Bukele has entrusted us to give all possible attention to national and foreign investors who carry out their projects in our country; in these Apopa projects, we are going to accompany the national investor so that they obtain all the legal permits and that they do not have any setbacks in the execution of their works,” said Gómez Góchez.
The investor’s projects have generated employment opportunities for more than 100 people to date; however, these are expected to double when they start operations.