El Salvador will Receive 30,000 Tons of Wheat

The U.S. grant represents an estimated $ 6.5 million and will be used to finance various projects.

Wednesday, February 23, 2011

The proceeds of the sale from the wheat under the "Food for Progress" program, will be used to fund projects to promote food export, agricultural diversification and improvement of laboratory facilities and infrastructure of the Ministry of Agriculture, indicates Laprensagrafica.com.

The arrival of the quota is expected during the first quarter.



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El Salvador Seeks Investors for Fomilenio II

August 2012

Investment projects will be selected at the coastal area, and will be financed with $300 million from the Millennium Challenge Corporation and the government.

After the stage of territorial consultations, the phase for consultation with interested investors will begin for submission of investment projects to be developed in the coastal zone.

El Salvador: 85% of Fomilenio's Funds Now Allocated

September 2010

Of the $461 million Fomilenio donation, the government institution created to administer the projects has now committed $358 million.

September will mark three years since the signing of the agreement between the Millennium Challenge Corporation (MCC), the US government and El Salvador.

El Salvador: $3.5 Million in Environmental Projects

May 2010

Fiaes, the Initiative Fund for the Americas, will use the money to fund environmental projects.

They will finance domestic projects in 4 areas: ecosystem management, land management, contamination prevention and control, and energy. Fiaes intends to support the country’s environmental priorities.

$17 Million for Economic Development in El Salvador

February 2009

Businesses which operate in the northern zone of the country can access lines of credit in order to invest in or expand their operations.

Daniel Choto writes in an article on Elsalvador.com: "Starting now, businesses interested in investing in or expanding their projects in the northern zone of the country have a new ally, the Northern Development Trust Fund (Fidenorte, the Spanish acronym) due to $17 million allocated yesterday by Fomilenio and Banco Multisectorial de Inversiones (BMI).

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