The government plans to make a second call so that investors can submit eligible projects to the investment program 'Apuesta por InversionES', a nonreimbursable fund created as part of Fomilenio II.
With the recent approval of Fomilenio II, the government of El Salvador is considering extending the call for investment projects eligible for funding from the program 'Apuesta por Inversiones ' (API), for which there are 13 projects that passed the eligibility phase in the first call, "... and which represents $14 million in private investment and $48 million in public investment. Of these, six are related to the tourism area, three in agribusiness, two energy, one aquatic and one for aircraft. "
The U.S. grant represents an estimated $ 6.5 million and will be used to finance various projects.
The proceeds of the sale from the wheat under the "Food for Progress" program, will be used to fund projects to promote food export, agricultural diversification and improvement of laboratory facilities and infrastructure of the Ministry of Agriculture, indicates Laprensagrafica.com.