El Salvador Analyzes Brazilian Public Purchasing Model

The National Commission for Micro and Small Enterprises (CONAMYPE in Spanish) is evaluating the Brazilian model for inviting tenders from MSEs.

Monday, August 30, 2010

Mario Cerna, El Salvador's vice-minister for commerce, stated that this was one of the main objectives of his recent visit to Brazil. He indicated that, "we are interested in seeing how the system works and what kind of support Brazil given to MSEs, a key factor in the economic growth the country has seen in recent years and its stability through the financial crisis".

CONAMYPE and its Brazilian counter part also agreed to promote cooperation programs between the two countries.

More on this topic

Why do SMEs fail?

March 2012

Over 50% of SMEs fail before they are three years old, 90% are no more than five years old and only 10% survive.

In the case of Nicaragua the subject is sensitive, "because 60 percent of its business backbone is made up of micro, small and medium enterprises, which account for 40 percent of gross domestic product (GDP), estimated at more than six billion dollars.

El Salvador: MSEs to Be Included in Public Procurement

April 2011

Proposed reforms to the country's Acquisitions and Contracts law, combined with a $1.4 million investment, would enable MSEs to bid for government contracts.

If the bill is approved by congress, the government procurement, acquisitions and contracts law (known as Lacap in Spanish) MSEs would obtain 12% of state purchases.

El Salvador Introduces Bill for SMEs

October 2010

The preliminary draft presented by the Ministry of Economy aims to create a favorable environment for Small and Medium Enterprises.

The sector represents 99.4% of companies established in the country, demonstrating their importance in the national economy. Within this percentage, there are 463.803 micro family businesses, 148.574 micro and 13.208 small enterprises.

New Regulation for Salvadoran SMEs

November 2009

The proposed bill includes technical requirements and production quality standards for Small and Medium Enterprises.

Mario Cerna, Commerce and Industry vice ministry, explained that the bill is currently in its final draft.

"The law will include technical regulations, goods and services standards, and quality certification for companies.

 close (x)

Receive more news about State Purchases

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Citrus Extract

CitroBio is a citrus extract wash for use throughout the entire food industry.
CitroBio is a citrus wash for sprouts, fruits,...

Stock Indexes

(Dec 13)
Dow Jones
0.33%
S&P 500
-0.05%
Nasdaq
0.20%

Commodities

(Dec 15)
Brent Crude Oil
62.63
Coffee "C"
120.3
Gold
1,255
Silver
15.89