El Salvador: Public Investments Planned for 2020

Road maintenance for $258 million, construction of an overpass for $58 million and the development of an energy park for $19 million, are some of the investments included in the 2020 National General Budget project.

Monday, October 14, 2019

Regarding the general amount of public investment included in the Fodes de las Alcaldías, the project discussed in the Assembly contemplates that by 2020 it would reach $1.243 million, an amount that would be 23% higher than that approved for 2019.

You may be interested in "Government Infrastructure: $190 Million in Investments

Elmundo.sv reports that for next year "... $258.24 million would be destined to projects of the Road Conservation Fund of El Salvador (Fovial) for $134.44 million, together with Fomilenio II that would have $122.5 million, and the National Popular Housing Fund (Fonavipo) has an allocation of $205,715."

The article adds that "... The Lempa River (Cel) Hydroelectric Executive Commission would have the largest allocation for public investment in 2020, with $170.66 million. The Treasury indicates that the budget for the autonomous would exceed $23.35 million from $147.30 million in 2019."

The allocation to Cel would be to continue the El Chaparral hydroelectric project and would also have an allocation for the construction of the 15 de Septiembre photovoltaic plant.

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Advanced Energy

Engineering and construction of electricity generation projects with photovoltaic systems, with more than 7.5 MW installed in Guatemala, El Salvador and Honduras.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (503) 2209 1600 - (503) 7888 4852

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