$189 million invested in El Salvador
This figure is for the 2008 period, which was 62% less than in 2007, when there were huge investments in the banking sector.
Thursday, December 18, 2008
The new companies and those already established have invested $189 million in the country during 2008, and have generated 9,299 new direct jobs and 17,694 indirect, according to the yearly report from the Investment Promoter of El Salvador (PROESA).
The flow of foreign investment has had its ups and downs in the last few years, and is expected to close this year, 2008, with a slowdown of 7% compared to last year.
Bucking the historical trend, since 2013 the isthmus has taken off positively as an investment destination compared to other Latin American countries.
Foreign direct investment (FDI), which for years has helped finance Costa Rica's current account deficit, fell by 28 percent in the first quarter of this year compared to the same period in 2007.
The country is not able to attract the capital that flows into the region, despite being the largest economy.
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