Only 5,600 hectares are cultivated using outdated technologies out of 400,000 which are suitable for the development of coconut palm.
The information was released by the National Centre for Agricultural and Forestry Technology (CENTA). "... Despite the fact that El Salvador is a country with great potential for coconut production, there is low productivity because materials are not improved or selected, there are old palms that are not productive as well as diseases and pests," noted an article in Elmundo.com.sv.
China is losing its cheap labor advantage, opening opportunities for growth in the manufacturing sectors of countries like Nicaragua.
According to a report by Stratfor, a geopolitical intelligence firm based in Texas, "China's economic problems have opened the door to 16 different countries, including Ethiopia, Mexico, Indonesia and Peru, to become global forces in the growth of the manufacturing sector, "noted an article in Americaeconomia.com.
The Investment Committee of the Millennium Challenge Corporation has given approval for the implementation of Fomelino II in the marine coastal area of El Salvador.
This "is a momentous step for the realization of this strategic commitment which will bring significant benefits to the population of the coastal area and the country in general," said Alexander Segovia, Technical Secretary of the Presidency.
A new wind farm and the expansion of the International Airport of El Salvador, are the first two projects to be conducted under this system.
"Today (yesterday) I called a meeting with the president of CEPA (Autonomous Executive Port Commission) and CEL (Executive Hydroelectric Commission of the Lempa River) to immediately structure the first two projects: the expansion of the international airport and the wind project which the CEL is working with," said Alexander Segovia, Technical Secretary of the Presidency.
It is vital for the nation's economy that an agenda on Information and Communication Technologies be developed, accompanied by the relevant legislation.
Peter Argumedo, senior researcher at Fusades called for swift approval in the Legislative Assembly of the draft laws related to computer security, in order to promote an investment climate. "An economy must be competitive so that it can be linked to global production chains.
There will be additional credit lines for investments in areas where the U.S. government assistance program is carried out.
"Currently, there are 67 expressions of interest for investment in projects to be implemented in the coastal zone, and that number could rise to 80, with a new call be undertaken by the Government in the next few days", reports Diariocolatino.com.
The Guatemala Investment Summit 2013 will present opportunities for Food & Beverages, Construction, Energy, Extractive Industries, Light Manufacturing, Chemicals and Plastics, TICS / Contact Centers, Tourism, Forestry, and Garment and Textiles companies.
On 30th and 31st May in Guatemala more than 150 investors and business leaders from Central America will gather together, forming opportunities for strategic alliances, investment projects and making contacts with senior government officials.
Sensity Systems, an innovator in intelligent lighting systems, has announced a $490 million investment for the assembly of its products in that country, without disclosing the funding sources.
In the statement by the Agency for the Promotion of Exports and Investments of El Salvador (PROESA) no reference was made to funding sources. Nor is there much public information about Sensity Systems (except in their own press releases).
47 companies replied to the call by the Government of El Salvador to present investment projects supported by grant funds from FOMILENIO II.
Elmundo.com.sv reports that the Salvadoran government "already has 47 expressions of interest to run future investment projects in the coastal zone of the country, as part of the second Fomilenio, which together amount to $413 million."
The fall in consumption in Europe is forcing companies in the old continent to internationalize and find businesses in markets that have been hitherto unappreciated.
There is no longer such a thing as small markets, either in terms of size or purchasing power. And neither is the size of a company a limiting factor for, through the globalization of logistics, products to be sold worldwide, or to buy them from any country.
Latin America may be the final destination of a trillion dollars whose placement has been paralyzed by the uncertainty caused by the fiscal situation in the United States.
An article in Laestrella.com.pa reviews the issue in respect to Manuel Escobar, vice president of investments of BBVA Puerto Rico, who highlighted the uncertainty that currently exists in the market, caused, mainly, by the U.S’s so-called 'fiscal abyss' , which, according to estimates, has caused close to a trillion dollars to be held by investors waiting to see how the situation unfolds. "There is a great amount of investment opportunity in the current situation, we just have to know how to take advantage of it."
Segmenting the vast U.S. market into its 50 states is the recommendation of CABI, with support from the U.S. Agency for International Development.
The analyst Pablo De Leon, during the launch of the market intelligence tool ‘CABI U.S. Business Opportunities Model ®’, said: "In order to do business with the United States, the nation must be treated as if it were 50 different countries".
Colombian businessmen indicate that the entire region is a good market for exports and investment, and existing opportunities are not being taken advantage of.
Central America is a region with plenty of benefits for investment, with unlimited access to foreign exchange, protection of trademarks and patents, and this has not been taken advantage of by the Colombian industry, despite an FTA with three countries-Honduras, Guatemala, and El Salvador, says the president of the Panamanian Colombian Chamber of Commerce, Eduardo Cristo.
The first mission on trade, technology and investment by the Argentinan Naval Industry will take place in San Salvador from 11 June.
The event is being organized by the Foreign Ministry of Argentina and the Buenos Aires Association of the Shipbuilding Industry (ABIN), the leading entity in the sector in Argentina.
The mission, which is made up of universities, professionals and businessmen from the Argentinean industrial naval and port and sector, aims to learn firsthand about the investment opportunities offered by El Salvador and from there, Central America, providing know-how and technology, alternative education and training, and to make available Argentinean capabilities in engineering, repairs and shipbuilding.
The International Services Act, which created the environment for the arrival of foreign banks, free zones and call centers, will be modernized.
The government of El Salvador is preparing amendments to the Law on International Services, which in its time allowed a multiplication of foreign investment in the financial, telecommunications and the maquila sector among others.