NEWS

The Business Year and Invest in El Salvador Sign MoU to Boost Investment in the Country

The Business Year (TBY) and Invest in El Salvador have signed a Memorandum of Understanding (MoU) aimed at enhancing the international visibility of investment opportunities in El Salvador. The agreement was signed by Rodrigo Ayala, President of Invest in El Salvador, and Carlos Martínez, COO of TBY, marking a significant milestone in the collaboration.

During the interview, Rodrigo Ayala highlighted how recent advancements in security have been crucial in increasing confidence in El Salvador as an investment destination. Ayala emphasized that these improvements, along with enhanced efficiency in administrative processes, have significantly reduced costs and time for investors, thereby creating a more attractive business environment.

The focus for the upcoming year will be to showcase the competitive advantages of investing in El Salvador, with particular emphasis on key sectors such as energy, technology, construction, and tourism. Ayala also mentioned the emerging aerospace sector, which is positioning itself as a new growth area for the country.

The collaboration between TBY and Invest in El Salvador aims to facilitate the dissemination of information about the country’s economic potential, with the goal of attracting investments that will drive development and economic growth. This partnership will also strengthen international relations, highlighting investment opportunities in infrastructure projects and strategic sectors for the country’s future.

Invest in El Salvador has been working to establish key alliances with the US, Mexico, and Asia, facilitating specialized exports and promoting investment in impactful projects, such as the Pacific Airport and road infrastructure improvements in San Miguel. These initiatives are designed to foster a dynamic and sustainable business environment.

Through this MoU, TBY and Invest in El Salvador reinforce their commitment to the country’s economic development, supporting the attraction of investments that will contribute to the growth of strategic sectors and the strengthening of the Salvadoran economy on a global scale.