Arajet begins official negotiations to operate in El Salvador

The Dominican airline Arajet could begin direct operations between San Salvador and the Dominican Republic at the end of July, after company executives and the government of El Salvador began official negotiations.

As part of these efforts, on Tuesday President Nayib Bukele, together with the Commissioner of Strategic Projects, Cristian Flores, and the country’s director of the Central American Bank for Economic Integration (CABEI), Luis Rodríguez, held a meeting with senior executives of the Dominican airline Arajet , to discuss future investments in the country. Seguir leyendo Arajet begins official negotiations to operate in El Salvador

The tender for the Los Chorros road megaproject has begun

The tender for «a historic project» was announced this morning by the Public Works authorities and the Central American Bank for Economic Integration (CABEI). This is the Los Chorros project, which consists of the intervention of three sections of the Pan-American highway, to improve connectivity, boost the country’s economy, and provide road safety for drivers. Seguir leyendo The tender for the Los Chorros road megaproject has begun

The natural gas plant Energía del Pacífico begins operations in Acajutla, Sonsonate

Pacific Energy (EDP), inaugurated this Monday the operations of a plant that generates energy from natural gas in Acajutla, Sonsonate.

The project is a 378 megawatt (MW) natural gas-based power plant, a floating storage and regasification unit, and an electrical transmission line of around 44 kilometers, which will connect to the Electrical Interconnection of the Countries of Central America (Siepac). Seguir leyendo The natural gas plant Energía del Pacífico begins operations in Acajutla, Sonsonate

El Salvador is the only country in the region where inflation slowed in April

The President of the Republic, Nayib Bukele, highlighted the publication of an opposition newspaper, where he highlighted that El Salvador is the only country in the region where inflation slowed down in April.

«El Salvador was the only country in the region where inflation slowed down between March and April, as confirmed by data from the latest report published by the Central American Monetary Council (SECMCA),» the newspaper said. Seguir leyendo El Salvador is the only country in the region where inflation slowed in April

SivArt Zona Rosa stimulates the economy and promotes domestic tourism

The tourist activation of San Salvador continues. On Sunday morning, in the Zona Rosa, hundreds of families gathered to enjoy the different artistic, cultural, sports, and gastronomic activities.

The objective of SivArt which has been carried out by the government of El Salvador, is to promote domestic tourism through various activities and position it as a new international destination. Seguir leyendo SivArt Zona Rosa stimulates the economy and promotes domestic tourism

The Ministry of Public Works improves the roads to the borders as part of the mobility and logistics plan

The Ministry of Public Works (MOP) develops various connectivity and road infrastructure projects as part of the Mobility and Logistics Plan, with which they seek to reduce the time and cost of freight transport that circulates between nations.

According to the head of public works, Romeo Rodríguez, the plan «will reduce transport times mainly with Guatemala, which is where most of the exports move,» he said this morning in the YSKL radio interview. Seguir leyendo The Ministry of Public Works improves the roads to the borders as part of the mobility and logistics plan

Exports from El Salvador broke a record and grew 15.3% in April

El Salvador accumulated $2,476.1 million in exports in April of this year, surpassing the same period in 2021 by $328.1 million, which represented a growth rate of 15.3%, reported the Central Reserve Bank (BCR).

Non-traditional goods represented 74.7% of total exports ($1,848.6 million), while traditional goods contributed 6% ($149.7 million) and maquila 19.3% ($477.8 million). Seguir leyendo Exports from El Salvador broke a record and grew 15.3% in April

The Ministry of Agriculture and Livestock continues with the delivery of agricultural packages in El Salvador

The Minister of Agriculture, Enrique Parada, stated that the simultaneous delivery of agricultural packages continues in order to benefit the producers of basic grains and food packages for the fishing sector on a national scale. Seguir leyendo The Ministry of Agriculture and Livestock continues with the delivery of agricultural packages in El Salvador