$45 million for Two Tourism Projects in El Salvador

Two tourism projects, one on the beach and another on the mountains, are being built in Chalatenango and Usulután.

Wednesday, March 18, 2009

The projects have a total investment of $45 million and are being developed by entrepreneur Jose Ramon Barahona from El Salvador along with US investors. They consist of a golf and fishing club in Usulután and a mountain tourism project in Chalatenango which would begin to operate in late 2010 or early 2011.

An article in elsalvador.com described some details of the projects: "70 blocks of land were bought on the Cerro Negro and 160 on the Cerro Caracol," referring to the mountain project and, "In San Juan del Gozo, the American investors have purchased 250 blocks of land where $15 to $20 million will be invested in tourism infrastructure," referring to the beach project.

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