Alba Alimentos may buy 70% of the shares belonging to Precosal who recently entered the Salvadoran rice market.
Elsalvador.com reports that the company, owned by members of the FMLN, may make a request for the award of 20% of the market, which is viewed by industrialists as breaking the rules of the game which have prevailed in the sector.
Honduras has accused the Salvadoran agricultural industry of exporting rice purchased from the US.
The head of the Honduran state's farming council (SAG), Jacobo Regalado Weizemblut, stated on the organization's web portal that measures are already being taken to prevent the triangular trade in rice from the US via El Salvador to Honduras.
Officials are considering issuing bonds or taking loans to finance the expansion of AIES International Airport.
Guillermo López Suárez, president of CEPA, the Airports Authority, explained they need $25 million to fund the expansion, and that they must study priorities, as this transaction would increase the country's level of debt.
Drafting a law decree for giving La Unión's operation under concession could take more than two years.
This was stated by the Executive Autonomous Port Commission (CEPA), who considered the estimated length of the technical feasibility study by the Japanese International Cooperation Bank, which will start in October.
The "ASAP" start of operations of the port, announced by President Funes, will be delayed for over 18 months.
As a response to the temporary closure of Acajutla port for repairs, Funes had announced that the government was going to start operating Port La Unión.
Facing closure of the Port of Acajutla for repairs, the Salvadoran government decided to start operations in La Unión Port.
President Mauricio Funes announced: "While the repair and restructuring works continue in the Port of Acajutla, it must be closed, and the cargo will be transferred to La Unión".
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