Agricultural Free Zones Act

The government of El Salvador is discussing with the private sector a bill to create specific zones for agricultural activities.

Friday, November 25, 2011

Once the Assembly approves the amendments to the free zones law, which will modify the industrial free zone scheme, negotiations will begin for the creation of a specific regime for the agricultural industry.

Giovanni Berti, director of exports from the Export and Investment Agency (PROESA) commented on this initiative: "In this country, this type of investment (agricultural sector) has had to rely on the industrial system, which in the long term is unattractive to them. One of the advantages of creating a law on agricultural zones, is that incentives would be commensurate with their economic activity", reported Laprensagrafica.com

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More on this topic

New Free Trade Zones Announced in Nicaragua

January 2017

Vice president Rosario Murillo gave details on 10 new projects to be executed in the next six months for free zones dedicated to different productive activities.

The 10 projects announced are:

1- Call Center in Managua DMF, 102 direct jobs, 2.7 million investment. 

More and More Free Zones in Nicaragua

February 2013

With a record $2.207 billion in exports last year in 2012, the nation aims to continue growing its free zone regime, both in terms of the number of companies and volume of exports.

Beyond having obtained these successful figures, the aim is to attract more businesses and diversify economic activities.

El Salvador: Free Zone Generates Benefits

May 2011

A private report has analyzed the contribution of the scheme to economic activity.

80 000 direct jobs and more than 2230 thousand dollars in products exported in 2010 are some of the results achieved by companies operating under the free zone system and active improvement scheme in El Salvador.

Salvadoran Free Zones Export $ 2,069 Million

January 2011

Foreign sales of companies under the free zone regime accounted for 50% of total exports in 2010.

Of the $4,097 million exported by the country from January to November 2010, free zones contributed $ 2,069 million.

Companies operating under this model generate between 85 and 90 thousand jobs a year, most of them in the textile industry, which employs over 73,000 people", explained Elsalvador.com.

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