El Salvador: Five projects for Fomilenio II

A wind farm, street lighting, improvements in the airport's cargo terminal, a technology park and improvements in customs offices, are the five proposals which have been passed on for a further stage of analysis.

Thursday, October 8, 2015

The five projects will be evaluated in a second instance to determine whether they are viable for development via public-private partnerships using funding from the Fomilenio II program.

Laprensagrafica.com reported that "... Wiliam Pleites, executive director of FOMILENIO II, said that of the eight proposals the consultancy work to determine the feasibility emphasized five of them. They have even analyzed adding one more. Pleites explained that the PPP's with the most possibility are the wind farm in Metapan, lighting stretches of road in La Libertad and La Paz which are critical for high traffic, improvements to the cargo terminal at the international airport, the Zacatecoluca technology park and improved customs offices. "

"... Pleites made these statements following a ceremony at which the Committee on Investment Commitment (API) was sworn in. This is an action included in the Investment Climate component of FOMILENIO II. It consists in complementing private projects using new investment, which is productive and has a social impact, with a works or public services. The role of the committee is to receive proposals, consider their feasibility and guide the whole process. "

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El Salvador: PPP Feasibility Analyzed

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The feasibility study for the creation of a PPP will be carried out in the project for the extension of the 43-kilometer stretch between the La Hachadura Border Crossing and the CA12 Road.

From the Fomilenio II statement:

March 7, 2019. The Fondo del Milenio II (FOMILENIO II) and the consortium Unión de Personas Corredor Pacífico (UDP Corredor Pacífico) signed on this day the contract to carry out technical-economic pre-feasibility studies for a possible Public-Private Partnership (PPP) project between La Hachadura Border Crossing and CA12 Highway (Kilo 5). The investment for these pre-feasibility studies will be US$1.5 million. The PPP project seeks to finance, build and maintain the expansion of a 43-kilometer stretch of road.

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El Salvador: Investment Projects for Fomilenio II

August 2015

Construction of roads, renovation and expansion of airports, an industrial park in Zacatecoluca and works at the border crossings in La Hachadura and Anguiatú are the top five proposals to be developed using funding from the U.S. aid program.

The proposals presented to the Millennium Challenge Corporation (MCC) will be developed through public-private partnerships, and will receive technical and financial support for the creation of the partnerships. Wiliam Pleites, executive director of the board of FOMILENIO II, presented the first five projects and said that three new proposals will be presented to be analysed and approved by the MCC.