El Salvador Secures CABEI Financing to Boost Surf City Phase II Development

El Salvador has signed a new financing agreement with the Central American Bank for Economic Integration (CABEI) to advance the Surf City Phase II Program, reaffirming President Nayib Bukele’s commitment to modernizing the nation’s coastal infrastructure.

Minister of Finance Jerson Posada announced the agreement, emphasizing that the investment will continue transforming the road and environmental infrastructure along the coast of La Libertad. The initiative supports El Salvador’s goal of promoting sustainable tourism, improving connectivity, and strengthening the region’s competitiveness.

The Surf City program, launched under President Bukele’s administration, has positioned El Salvador as a leading destination for international surf tourism, fostering economic growth and local development across coastal communities.