NanYang Footwear is to invest $3 million in the country to produce footwear and export it to other markets.
From a press release from the Presidency of El Salvador:
The Taiwanese company engaged in the manufacture of footwear NanYang Footwear, in a clear commitment to El Salvador, started operations in the country by establishing and expand its subsidiary in the country under the name of ADI FOOTWEAR SA de CV, with an initial investment of $1.5 million, plus plans to invest an additional $1.5 million and carry out an expansion which will generate more than 1,000 new jobs over the next year.
Toshiba has expressed interest to the Government of El Salvador in investing in the energy sector.
From a press release by the Ministry of Foreign Affairs of El Salvador:
The Deputy Minister for Development Cooperation, Jaime Miranda and the Technical Secretary of the Presidency, Alexander Segovia held a meeting today with a Japanese business delegation which has shown interest in promoting investment projects in the national energy sector.
A group of businessmen is traveling with president Mauricio Funes in his upcoming official visit to Colombia.
The visit is scheduled for the 23rd and 24th of February.
It is expected for the group of businessmen to participate in the tourism fair "Tourism Showcase ANATO 2011", which will be inaugurated by the two presidents. At least 10 tour companies from El Salvador are expected to attend, exhibiting their work and tourist packages.