El Salvador enters a new phase of growth with multimillion-dollar investments in logistics, technology, and food security.
President Nayib Bukele marks the first year of his second five-year term (2024–2029) with significant progress on his national Economic Plan, reinforcing El Salvador’s path toward sustainable development, foreign investment, and improved quality of life for its citizens.
Since his re-election, President Bukele has launched three of the six key phases of his Economic Plan, following the unprecedented achievement of public safety during his first term. These strategic phases—focused on logistics, technology, and food security—are driving forward El Salvador’s economic transformation.
As part of Phase 3: Logistics, global maritime leader YILPORT Holding Inc. has begun operations in the ports of Acajutla and La Unión. Through a historic investment of $1.615 billion, the Turkish-owned company, in partnership with the Salvadoran government via the Autonomous Executive Port Commission (CEPA), is modernizing the national port system to boost competitiveness and global trade positioning.
Phase 2: Technology has attracted high-profile international companies to El Salvador. Cryptocurrency firm Tether, with a market capitalization of $137.49 billion, and Canadian video platform giant Rumble have both announced operations in the country. Additionally, TeKnowledge, a global leader in cybersecurity, has launched operations with a $20 million investment, and Data Trust is building a $30 million cybersecurity center in Ciudad Arce, La Libertad Centro.
Under Phase 1: Food Security, the government has focused on lowering the cost of basic goods for Salvadorans. A total of 56 agricultural markets and a central supply center now operate in the Soyapango district of San Salvador Este, offering affordable and high-quality food products.
Another major strategic investment is the Pacific Airport, announced by President Bukele with a budget of $386.4 million, further strengthening the country’s logistics infrastructure.
With these initiatives, El Salvador is reinforcing its international reputation as a secure, investment-friendly nation with a forward-looking economic agenda. President Bukele’s administration continues to align infrastructure development, technological innovation, and social protection to ensure prosperity for all Salvadorans.