Altius Tech Park, the first technological park in El Salvador, is set to open its doors in 2024, as confirmed by Edwin Escobar, the CEO of Aristos Real Estate, in a recent interview. The complex, located in Ciudad Arce, La Libertad, entails a total investment of $72 million.
According to official information, the complex will occupy a total of 44,000 square meters of leasable space divided into eight buildings. It will house a range of businesses, including BPO companies, call centers, software development firms, and technology training centers.
Furthermore, Altius is expected to obtain LEED certification, an international accreditation that ensures the use of sustainable strategies in all construction and operational processes within the park.
The development of Altius aims to foster a thriving technological ecosystem, particularly suited for BPO companies, call centers, software developers, and technology training centers. Once completed, it is projected to generate approximately 5,000 direct jobs.
«Our goal is to attract foreign direct investment in the technology sector for contact centers, call centers, software developers, and the entire industry. We are considering an investment of $72 million within Altius, which will generate around 5,000 direct jobs,» detailed Escobar.
The spokesperson for Aristos also highlighted that one of their strategies is to train local talent and decentralize employment opportunities in the country, creating more jobs outside the capital city of San Salvador.
«Alongside Altius, our intention is to train young people so that they can enter these companies that we will be attracting in the future with the government’s support. At Altius, we will need to collaborate with the public sector and other stakeholders to train more individuals in the English language, information and communication technologies, as well as soft skills,» emphasized Escobar.
The cornerstone of Altius will be DataTrust, the country’s first Tier III certified commercial data center, according to Aristos’ CEO.
«The data center aims to safeguard and provide data protection alternatives for the public, private, and financial sectors. With this robust and state-of-the-art structure, we will address one of the most critical aspects, which is the protection of data and information,» he explained.
In terms of sustainability, Altius will be powered by a 10-megawatt solar energy project to reduce its carbon footprint. Escobar stated that this initiative is part of a goal established by Aristos Real Estate in 2018 and achieved in 2022, which aims to supply clean energy to its clients.
Regarding the recently approved Law on Innovation and Technological Manufacturing, Escobar asserted that it serves as a tremendous tool for attracting investments.
«The timing for this new law is fantastic because nowadays, fiscal incentives and other types of benefits are the entry ticket to attract investments. Without offering such incentives, it becomes challenging to succeed,» he concluded.