The Central American Bank for Economic Integration (CABEI) has approved a non-reimbursable financial cooperation of $725,000 aimed at bolstering El Salvador’s agricultural supply chain and easing product commercialization. This funding will allow the Ministry of Agriculture (MAG) to purchase approximately 30 trucks to enhance the transport of agricultural goods to agromarkets and commercial points, energizing the local economy and providing Salvadorans with high-quality agricultural products.
CABEI Director for El Salvador, Alejandro Zelaya, emphasized the bank’s commitment to supporting local agriculture: “We are contributing a non-reimbursable cooperation to expand the capabilities of agromarkets and supply centers managed by the Ministry of Agriculture. This cooperation will help acquire transportation equipment and resources to improve the distribution chain.”
Through this project, led by MAG, a robust logistics network will be developed to deliver agricultural products from family farms to agromarkets and various commercialization points nationwide. The new vehicle fleet aims to facilitate faster, more efficient, safe, and direct product transportation, reducing post-harvest losses and intermediaries. “This will ensure timely delivery, maintaining product freshness and quality, and improving the competitiveness of Salvadoran products in the marketplace,” stated the CABEI.
The bank reiterated that this non-reimbursable financial support underscores its commitment to sustainable development in El Salvador, aiming to drive local economies and enhance citizens’ well-being.