Tourism Reports $92 Million in Investments

Of the $91 million invested in tourism projects in El Salvador during 2018, 87% went to finance private works and 13% to public infrastructure.

Thursday, January 24, 2019

The Ministry of Tourism (MITUR) reported that among the projects with private investment are works located in the Ruta de las Flores with an approximate investment of $6.27 million, in El Tunco beach with $3.8 million, in Boquerón $1.36 million and in the Ruta Fresca $1.8 million.

You may be interested in "Central America: $766 million in Tourism Projects"

Regarding public investments, the vice minister of Tourism, Roberto Viera, said that "... MITUR figures indicate that public investment in tourism was $12.6 million. One of the most outstanding projects is Plaza Marinera, which is currently being built with a $5.5 million investment."

The Minister of Tourism, José Napoleón Duarte Durán, explained to Laprensagrafica.com that the amount spent on investments in tourism projects during 2018 is a "... preliminary data, because it is the first time we remove it. For me this is an excellent indicator because the tourism sector is developing a very positive scheme."

Are you interested in construction projects in Central America?

Receive information about our monthly report including a complete list of all the major and most important construction projects seeking government authorization.

Request more information:








this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423


More on this topic

Tourism: Optimistic Outlook for 2019

January 2019

After reporting a 16% year-on-year increase in revenues generated by this sector in El Salvador in 2018, a 13% growth is expected for this year.

According to authorities of the Ministry of Tourism (MITUR) for this year is expected that more than 2.6 million tourists visit El Salvador, representing a 6.2% increase over what was reported in 2018.

Construction of the tourist center authorized

October 2018

The Salvadoran government approved the construction of Plaza Marinera, which will have a 10,000 m2 area and will be in La Libertad Port.

The El Salvador Ministry of Tourism (Mitur) reported that Plaza Marinera will be built within a year and the work will require an investment of approximately $5.6 million.

El Salvador: Tax Breaks for Tourism Projects

October 2014

$91 million is the estimated amount of the investment projects which have already been approved or are pending which will receive the tax incentives offered by the government for investment in the tourism sector.  

From a statement issued by the Ministry of Tourism of El Salvador (MITUR):

El Salvador Invests $4 Million in Tourism Developments

April 2011

These include the creation of new touristic routes, such as the one known as “Monseñor Romero” or “El Boquerón”.

José Napoleón Duarte, Tourism Minister, added they plan to strengthen the circuit known as “Sol y Playa” (Beach and Sun), at La Libertad Port and El Tunco Beach.

 close (x)

Receive more news about Infrastructure & Construction

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


FEDECATUR

Promote the sustainable development of the tourism sector in Central America and the strengthening of the touristic business businesses in Central America.
Operates in Costa Rica, Guatemala, Honduras, Nicaragua and Panama
Phone: (504) 2232 6425

Company Profile

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Mar 30)
Brent Crude Oil
26.720
Coffee "C"
116.75
Gold
1,649
Silver
14.3