Alba Petroleos Still Growing in El Salvador
09 Nov 2015It 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 operated by the Venezuelan company in El Salvador will increase to 65.
Julio Villagran, head of corporate communications, told Diariocolatino.com that "... these 14 new stations will be located in Ciudad Arce, in the Los Chorros highway and road going to the port, all three locations in La Libertad. In addition there will be some in Usulutan, one at the entrance to San Francisco, which is already in operation, and another known as La Montanita, also in that department. "
"... A branch is also planned for Calle Constitución; at 25 North Avenue, near the General Hospital of the Salvadoran Social Security Institute; one on the Boulevard Los Héroes, near the Ministry of Finance; other in colonia Layco, on 27th Street west; On the boulevard Venezuela, one more in Guazapa, and the last one in San Salvador, near the Monument to the Savior of the world. Villagrán said that 'The most important markets in this strategic theme are San Salvador, La Libertad, Santa Ana and San Miguel.' "
Source: centralamericadata.com