El Salvador: $200 Million for Educational Infrastructure

The Central American Bank for Economic Integration approved a credit line for the Salvadoran government to reconstruct, remodel and technologically equip 186 schools nationwide.

Thursday, October 29, 2020

The schools that will be remodeled are located in the departments with high Multidimensional Poverty Index, at the preschool, primary, secondary and high school levels, highlights a statement from the Central American Bank for Economic Integration (CABEI).

The financing of $200 million approved by the BCIE is part of the Program for the Reduction of Poverty and Economic and Social Exclusion (PRPEES).

Jose Alejandro Zelaya, Minister of Finance of El Salvador, explained that these resources will be used by the government to finance improvements in the "... infrastructure of schools and at the same time equip them with new technologies."

According to CentralAmericaData's reports, during 2019 in Central America 94 environmental impact studies were presented to build new education centers, and to carry out expansion and remodeling works in other institutions. The joint investment of the projects exceeded $440 million.

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More on this topic

Honduras: $80 Million for Educational Infrastructure

January 2020

A CABEI loan will be used to carry out improvements at several educational centers throughout the country and purchase laboratory equipment.

The funds will be used to improve 105 Jr. high schools, basic and pre-basic education centers, equip 294 vocational workshops, 105 computer workshops and 315 natural science laboratories throughout the country.

Guatemala: $70 million for School Infrastructure

July 2018

The Morales administration has announced that it plans to carry out maintenance and restoration work in 4,000 educational establishments located in different areas of the country.

Authorities at the Ministry of Education stated that the maintenance works on buildings in the educational network will be financed with national funds and with a loan from the Inter-American Development Bank (IDB).

$34 million for Educational Infrastructure Announced

March 2018

The Guatemalan government has announced the investment of $34 million in improvement works on 15 educational centers and the construction of six, in different areas of the country.

Authorities at the Ministry of Education presented the V Rural Education Program, which will be developed in 21 municipalities in six departments. According to government representatives, the works are expected to be completed by the end of 2021. 

$191 million in Loans for Infrastructure

June 2017

With the two loans approved by the National Assembly of Nicaragua, schools will be built in the Caribbean area and the Juan Pablo II highway will be expanded in Managua.

One of the loans approved by the Assembly is for $55 million, which will be used to build, remodel and expand 45 schools, 20 in the North Caribbean Autonomous Region, five in the South Caribbean Autonomous Region and five in the municipality of Rio San Juan.

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