El Salvador remains an attractive destination for international companies looking to initiate operations, and the Salvadoran government is actively courting Spanish investments. In a recent meeting, Presidential Commissioner for Strategic Projects, Cristian Flores, presented the country’s commercial offerings in sectors such as agriculture, food, and logistics to Guillermo Fanjul, the Commercial Attaché of the Spanish Embassy in El Salvador.
During the meeting, Commissioner Flores emphasized Fanjul’s unwavering commitment to promoting new Spanish investments to participate in El Salvador’s strategic projects.
“We’ve aligned President Bukele’s strategic projects with the investment interests of Spanish companies, especially in areas like agricultural production, food, and the logistics industry,” stated Flores.
He further highlighted that the Salvadoran government has consistently supported investment from companies worldwide that come to be a part of the nation’s development.
Additionally, he confirmed that various government institutions, including the Ministry of Economy, the Secretariat of Innovation, the Ministry of Tourism, the Ministry of Foreign Affairs, and the Salvadoran Investment and Export Promotion Agency (Invest), among others, are all dedicated to fostering the dynamism and growth of the Salvadoran economy and attracting new projects that benefit the country.
“Investors from abroad are looking at our country because it offers opportunities and a secure environment for investment,” stated Douglas Rodríguez, President of the Central Reserve Bank, in earlier remarks.
Support for El Salvador
Spain has also emerged as a significant ally of El Salvador through various cooperation projects underway in the country. Recently, the Spanish Agency for International Development Cooperation (Aecid) announced a commitment of $117 million to execute diverse social development projects in El Salvador.
These funds will be directed towards projects contributing to culture and development, poverty alleviation, quality education, gender equality, clean water and sanitation, as well as peace, justice, and institution-building in El Salvador and the Central American region. This initiative aligns with the goals of the Central American Integration System (SICA).
El Salvador is actively seeking Spanish investments, leveraging its attractiveness as a destination for international businesses and enjoying support from Spain in various cooperative ventures aimed at bolstering social and economic development in the country and the broader Central American region.