The Potential of the Pharmaceutical Industry in El Salvador

22 Sep 2017

The degree of development of laboratories and the relevance of the plastic industry stand out as two of the advantages that the country offers for investment in the pharmaceutical industry.

A study prepared at the request of the Export and Investment Promotion Agency of El Salvador concluded that the chemical - pharmaceutical and cosmetic sectors have a high potential for expansion, highlighting the added value provided by the development of laboratories and the strength of the plastic sector.  There are currently 46 pharmaceutical companies and 23 companies in the cosmetics and hygiene industry operating in the country. 

From a report by Proesa:

The Organization for Promoting Exports and Investments of El Salvador (PROESA) presented a study of the chemical-pharmaceutical and cosmetic sector, carried out by the Spanish firm Information and Development (INFYDE), a specialist in competitiveness policies and productive development. 

See also "Central America: Pharmaceutical Imports Up 6%"
 
This study was carried out with the objective of having an investment promotion strategy and an action plan that allows for the installation of new local and foreign companies, creating new jobs and diversifying the country's exports.

Source: http://www.proesa.gob.sv/