The Development Bank of Latin America and the Caribbean (CAF) has approved two major projects aimed at enhancing El Salvador’s air and digital infrastructure. The combined investment of USD 465 million will modernize the country’s aviation facilities and deploy its first submarine cable, significantly improving digital connectivity.
The first initiative, “El Salvador Vuela,” will receive USD 320 million to modernize and expand airports. This investment aims to bolster tourism and enhance the country’s competitiveness. The project is expected to drive economic growth by attracting more international visitors and improving the overall travel experience.
The second project, funded with USD 145 million, will focus on strengthening digital sovereignty by installing a submarine cable. This vital infrastructure will reduce internet costs and enhance access, providing a substantial boost to the nation’s digital landscape.
These projects mark a significant step forward for El Salvador, promising to enhance both its physical and digital connectivity, and paving the way for future economic and social development.