Tourism Investors waiting for key infrastructure in El Salvador

Investors have the east coast in their crosshairs. Experts suggest building an alternate airport that offers coverage to that part of the country.

Wednesday, August 6, 2008

"There are several groups of investors that are planning big projects for the eastern zone due to the boost it has gotten from the La Union Port. Cruise ships can dock at the port so that visitors can tour the area," Miguel A. Chevez, a tourist consultant, commented.

More on this topic

El Salvador: $6 million for Tourism Projects

May 2016

The adaptations for tourist use at the port of Puerto El Triunfo and construction of an ecotourism park are some of the projects which will be developed with IDB funds.

The Ministry of Tourism in El Salvador has signed an agreement with the Inter - American Development Bank to allocate part of the $25 million loan formalized in 2015 to improving tourism infrastructure in the municipalities of Usulutan, Puerto El Triunfo, Berlin, Alegria, Jiquilisco and San Dionisio.

Results of Guatemalan Investment Summit 2013

July 2013

It has been two months since the Investment Summit 2013 was held in Guatemala and two investment projects have materialized totaling $109 million.

These are the construction of a hydroelectric plant in Rio Hondo, Zacapa, capable of generating 32 MW and a mushroom production plant in Salcajá, Quetzaltenango.

Mega Refinery in Baru, Panama?

November 2011

A group of investors are interested in building an $8 billion refinery in the Baru area.

Minister of Trade and Industry, Ricardo Quijano, said that a memorandum of understanding, outlining the projects details, would be signed off in the next few weeks.

The proposed refinery would be capable of processing about 400,000 barrels of crude oil daily, and would be accompanied by a logistics center and a tourist resort.

$45 million for Two Tourism Projects in El Salvador

March 2009

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

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.

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