With an international loan the government plans to expand two sections of the road to Puerto La Libertad and build two bridges in the border areas of La Hachadura and Anguiatú.
From a statement issued by the Government of El Salvador:
Salvadoran authorities outlined investment opportunities in the sector, announced a 150W tender and detailed the inner workings of the electricity market in the country.
INTRODUCTION
The electricity sector in El Salvador is
AES has started to operate a 2.5 MW photovoltaic power plant in Moncagua, San Miguel, and announced plans to build three plants of 10 MW each in 2016.
The company's president, Abraham Bichara, told Elmundo.sv that "... there will be three
After canceling the tender which was won by the consortium Apex BBDO-Porter Novelli, Proesa has announced that it is preparing a new tender to develop a country brand strategy.
Proesa authorities indicated that the reason behind the
The liquidity of the banking system grew by 30% in the last twelve months, helped by the growth of liquid assets of banks and the extension of terms for external loans.
The report by the Central Bank concludes in its study on financial
Moscow, Nov 5 (Prensa Latina) The sixth meeting of political consultations that Russia and El Salvador will hold today confirms that bilateral relations are becoming stronger, said the deputy foreign minister Carlos Castaneda.
Speaking to
Fitch notes that the relatively favorable external environment will not be enough for Central American countries to improve their credit ratings, which could remain stable despite fiscal problems.
From the press release by Fitch Ratings:
A proposal has been made to create a trust for $25 million to restructure debts of cooperatives and finance the renovation of the plantations.
The main use of the trust funds would be the restructuration of producer´s debts, which have
It has been announced that $20 million will be invested in the opening of 14 new outlets, raising the company's stake in the Salvadoran gas station market to 20%
With the entry into operation of the new stations the number of outlets
Businessmen are complain that the setting of a minimum wage should be discussed between companies and unions in order to avoid its use for populist political purposes.
An article on Elsalvador.com reports that "... A proposal has been made
Grupo Roble has announced its Sierra Verde project in the municipality of Santo Tomas, where it will be building 500 homes valued from $80,000 to $100,000.
An article on Prensa.com reports that "... The project will occupy an area of 28
The government of El Salvador has changed his mind regarding a PPP for the expansion of the International Airport, prompting the withdrawal of technical support for the project from the US.
According to the Technical Secretary of the