Starting a Business in El Salvador by cjx72217

VIEWS: 15 PAGES: 45

More Info
									         A country of opportunities
                                                  June 2010




PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
El Salvador
                                                          Capital                      San Salvador
                                                          Official Language            Spanish
                                                          Area                         21,040 Km2 / 8,124 sq mi
                                                                                       5,744,113 (2007 census)
                                                          Population
                                                                                       5,864,000 (2010 est IMF)
                                                          GDP                          21.1 Billion USD (2009)
                                                          HDI                          0.747 (2007)
                                                          Currency                     $USD
                                                          Time Zone                    UTC -6
                                Chalatenango
             Santa
              Ana


                                                Cabañas
Ahuachapán
                                  San                                Morazán
                                Salvador
         Sonsonate                                San
                        La                      Vicente
                     Libertad                                                   La
                                       La Paz                     San          Unión
                                                      Usulután   Miguel


                                                                                          Islas del
                                                                                          Golfo
                                                                                          de Fonseca



                          PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
El Salvador

  •   Solid political & economic environment

  •   International view of El Salvador

  •   Commercial openness & Strategic Location

  •   Foreign direct investment in El Salvador

  •   Infrastructure




               PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Political Stability
•   More than 20 years of free and democratic elections
•   Balance of power in congress
•   Alternating governance
•   All political parties committed to social and economic development
•   Government structure

     Executive
         • President & Vice-president for 5 year term with no possible reelection
     Legislative
         • 1 chamber with 84 seats for 3 year terms with possible reelection
     Judicial
         • 15 magistrates with 9 year terms, 5 magistrates are elected every 3 years




                     PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Political Stability
Presidential elections                                                                Congress elections
80%

70%                          68.3%

60%                                               57.7%                                             PDC CD        FMLN
        53.6%     53.8%
                                        52.0%                51.3%                     PCN              51
50%
                                                                                              11
40%                                                                                                                 35
30%                                                                                                  32
20%                                                  ARENA

                                                               FMLN
          PDC




10%                                                                                   ARENA
0%                                                                             February 2009 Congress election results, seats won by party
        1984       1989       1994       1999      2004       2009
% presidential                           39%       67%         61%
voter turnout                           (1999)    (2004)     (2009)
                                                                                 nd
Presidential: % of votes for Presidential Candidate of winning party (for 1994 result of 2 round)
Congress: % of seats won in Congress by Official Party
Source: Tribunal Supremo Electoral El Salvador. Turnout = Total votes cast / Registered voters




                               PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Political Stability
Presidential elections                                                                 Congress elections
80%
                                                                                                          Independiente
70%                          68.3%                                                      GANA 14
                                                                                                                  1

60%                                               57.7%
        53.6%     53.8%
                                        52.0%                51.3%                    CD 1
50%
                                                                                 PDC 5                                       35
40%                                                                                                                       FMLN

30%                                                                              PCN 10                        18
                                                     ARENA                                                 ARENA
20%


                                                               FMLN
          PDC




10%

0%                                                                             February 2009 Congress election results, seats won by party
        1984       1989       1994       1999      2004       2009
% presidential                           39%       67%         61%
voter turnout                           (1999)    (2004)     (2009)
                                                                                 nd
Presidential: % of votes for Presidential Candidate of winning party (for 1994 result of 2 round)
Congress: % of seats won in Congress by Official Party
Source: Tribunal Supremo Electoral El Salvador. Turnout = Total votes cast / Registered voters




                               PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Economic                                           Country
                                                                           GDP 2009
                                                                         (current US$
                                                                           Billions)
                                                                                                   GDP growth
                                                                                                 (annual %, 2010
                                                                                                      fcst)
                                                                                                                            GDP
                                                                                                                       per capita 2009
                                                                                                                        (current US$)


Growth                                              Brazil
                                                   Mexico
                                                                             1,574.0
                                                                               874.9
                                                                                                        5.5%
                                                                                                        4.2%
                                                                                                                              8,220
                                                                                                                              8,135
                                                  Panama                        24.7                    5.0%                  7,133
                                                 Costa Rica                     29.3                    3.5%                  6,345
                                                    China                    4,909.0                   10.0%                  3,678
                                                 El Salvador                    21.1                    1.0%                  3,623
                                                     India                   1,236.0                    8.8%                  1,031
                                            Source: International Monetary Fund, Central Bank of El Salvador
                                            (Banco Central de Reserva, BCR)


    $25 B                                                                                                             12.0%
                        GDP (constant 2009 US$)
                                                                                                                      10.0%
    $20 B               Real GDP growth
                                                                                                                      8.0%

    $15 B                                                                                                             6.0%

                                                                                                                      4.0%
    $10 B                                                                                                             2.0%

                                                                                                                      0.0%
     $5 B
                                                                                                                      -2.0%

     $0 B                                                                                                             -4.0%
            1990
                   91
                        92
                             93
                                  94
                                       95
                                            96
                                                  97
                                                       98
                                                            99
                                                                 2000
                                                                        01
                                                                             02
                                                                                  03
                                                                                       04
                                                                                            05
                                                                                                  06
                                                                                                       07
                                                                                                            08
                    PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR                                              09
Fringe benefits represent 27.61%
of minimum wage
  140%
                                                                                    1.25%          1.00%
                                                    6.75%            2.78%
  120%                                 7.50%
                        8.33%                                                                                     27.61%
                                                                                Total Fringe Benefits
  100%
                                                                                Fringe Benefit

  80%                                                                           Minimum Wage


  60%                              Sector****            Minimum Wage                   Daily Wage
           100.00%                                                                                                100.00%
                                   Agriculture                   $   97.2                  $ 3.24
  40%
                                    Maquila                      $ 173.7                   $ 5.79
                                    Industry                     $ 203.1                   $ 6.77
  20%
                           Commerce & Services                   $ 207.6                   $ 6.92
   0%
          Monthly      Severance    Social security Retirement       Year end     Annual paid     INSAFORP         Total
          minimum        pay*          (ISSS)       fund (AFP)       bonus**      vacations**     (training)***
           wage
         *Provision in case of termination of contract
       ** Paid yearly, value shown is equivalent of monthly provision in order to meet yearly legal amount
     *** For companies with more than 10 employees only
    **** Effective since January 2009




                          PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Central American Market
             Country                                                                                                        Central
     (IMF estimates for 2009)                                                                                               America
                                ELSALVADOR      GUATEMALA         HONDURAS NICARAGUA COSTA RICA                PANAMA
Capital                         San Salvador Guatemala City Tegucigalpa           Managua          San José   Panama City

Official Language                 Spanish           Spanish          Spanish       Spanish         Spanish      Spanish

Area (´000 Km2)                     21.0             108.9            112.1         129.5            51.1        78.2        500.8
Population (´000,000)               5.8              14.0              7.8            6.3            4.6          3.5        42.1
GDP nominal 2009 (Bn)               21.1             37.3             14.3            6.2            29.3        24.7        132.9

   per capita (USD)                3,623             2,662            1,823          972            6,345        7,133       3,157

GDP PPP 2009 (Bn)                   42.9             67.8             32.5           16.6            48.9        40.8        249.6

   per capita (USD)                7,366             4,840            4,151         2,627           10,579      11,788       5,931

HDI 2007                           0.747             0.704            0.732         0.699           0.854        0.840
                                   Dollar           Quetzal          Lempira       Cordoba          Colon        Dollar
Currency
                                   USD               GTQ              HNL            NIO            SJC          USD

Time Zone                         UTC -6            UTC -6           UTC -6         UTC -6          UTC -6      UTC -5



                                                               CAFTA
Source: International Monetary Fund, Central Bank of El Salvador (Banco Central de Reserva, BCR)




                                 PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
 0%
50%


      Low Inflation

      CPI % Change El Salvador                                          CPI % Change 2009

      30%                                                                 India                                       8.7%

      25%                                                           Costa Rica                                        8.4%

                                                                        Mexico                            5.4%
      20%
                                                                         Brazil                          4.8%
      15%
                                                                      Panama                      2.3%
      10%
                                                                    El Salvador              1.0%
      5%
                                                                         China -0.1%
      0%
             1990




                                         2000
                    92

                         94

                              96

                                    98



                                                02

                                                     04

                                                          06

                                                               08
                                                               09




                                                                                  -2%




                                                                                                                        10%
                                                                                        0%

                                                                                             2%

                                                                                                    4%

                                                                                                          6%

                                                                                                                 8%
       Source: International Monetary Fund, WEO Oct 09.




                                   PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Dollarized Economy
Local Currency per USD % change vs 12 months before

60%
                             Brazil BRL
50%

40%
                                                                                 Costa Rica
30%                           Mexico MXN                                         CRC

20%

10%
                                                                                 India INR

 0%

-10%

-20%
                                                                                       China CNY
-30%
       2002



                 2003



                               2004



                                          2005



                                                 2006



                                                        2007



                                                                 2008



                                                                         2009



                                                                                2010
Source: IMF, Central Banks




                             PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Young Population
                 Male                        Female                           Median Age est.
               47.1%                         52.9%
                                                                                                                                M 21.1
                                >= 70
                                65-69
                                                                              El Salvador          22.2 yrs
                                                                                                                                F 23.4
                                60-64
                                55-59                                                  India       25.1
                                50-54
                                45-49                                               Mexico         26.0
                                40-44
                                35-39                                             Panama           26.6
                                30-34
                                25-29                                         Costa Rica           27.1
                                20-24
                                15-19
                                10-14
                                                                                      Brazil       29.0
                                 5-9
                                 0-4
                                                                                     China         33.6
7%6%5%4%3%2%1%                             1%2%3%4%5%6%7%                                      0          10        20           30      40
Source: Encuesta de Hogares de Propósitos Múltiples Dirección General de Estadísticas y Censos (DIGESTYC), CIA World Factbook




                                  PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Education
Higher Education                                 Higher Education
institutions                                     Graduates
                                                 2008: 15,801 Masters
                                                                         Degree
•   24 Universities                                                      4.1%
                                                Technical
                                                 Degree
•    8 Technological Institutes
                                                 31.0%
•    6 Specialized Institutes
                                                                           Bachelors
•   More than 10 Specialized                                                Degree
    Language Training Centers                                               64.9%



Souce: Ministry of Education www.mined.gob.sv




                       PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
El Salvador

  •   Solid political & economic environment

  •   International view of El Salvador

  •   Commercial openness & Strategic Location

  •   Foreign direct investment in El Salvador

  •   Infrastructure




               PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
  Among top free economies - 32 of 179 (2010)
  Index of Economic Freedom Trend                                                             Economic Freedoms
80%
                                                                                                     Gov't    89%
75%
                                                                                                   Fiscal     86%
70%
                                                                                                   Trade      84%
65%                                                                                            Investment     75%

60%                                                                                             Monetary      74%

55%
                                                                                                 Financial    70%

                                                                                                 Business     67%
50%
                                                                                                    Labor     65%                               El Salvador
45%
                                                                                          Property Rights     50%                               World
             96


                      98




                                          02


                                                 04


                                                          06


                                                                   08


                                                                            10
      1995




                                2000




                                                                                               Corruption     39%
                  Brazil               China           Costa Rica
                                                                                                             0%    20%      40%      60%     80%     100%
                  El Salvador          India           Mexico
                  Panama

                   Index of Economic Freedom: The index scores nations on 10 broad factors of economic freedom using statistics from organizations
                   like the World Bank, the IMF and the Economist Intelligence Unit.
                   Source: The Heritage Foundation. Index of Economic Freedom. www.heritage.org




                                         PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
  Among top developing countries
  in ease of doing business
                                                                                                             2009            2010

                                                                            Ease of ...                       Rank            Rank         Change

                                                                            Doing Business                      81              84             -3
                        2009           2010
                                                                            Starting a Business                105             121            -16
      México               55             51                                Dealing with Licenses              123             128             -5
     Panamá                83             77                                Employing Workers                  103             106             -3
  El Salvador             81             84                                 Registering Property                42              46             -4
       China               86             89                                Getting Credit                      41              43             -2

    Costa Rica            120            121                                Protecting Investors               114             119             -5

                          127            129
                                                                            Paying Taxes                       126             134             -8
       Brasil
                                                                            Trading Across Borders              61              61              0
        India             132            133
                                                                            Enforcing Contracts                 54              50             +4
Total countries          178              181
                                                                            Closing a Business                  81              81              0
 Ease of doing business index: Ranks with first place being the best. A high ranking means that the regulatory environment is conducive to business
 operation. The index ranks the simple average of the countries as percentile rankings on 10 topics covered in Doing Business 2009: How to reform. The
 ranking on each topic is the simple average of the percentile rankings on its component indicators.
 Source: www.doingbusiness.org World Bank Group – Doing Business Report 2009




                                   PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
60%
50%
80%
70%


        Human Development Index’s Improvement

        HDI Trend                                                                   HDI 2007 Composition
  90%
                                                                   Mexico                                       GDP Index
                                                                   Costa Rica          India                       Education Index
                                                                   Panama                                          Life Expectancy Index
                                                                   Brazil
  80%
                                                                                 El Salvador
                                                                   China
                                                                   El Salvador
                                                                                      China
  70%

                                                                                      Brazil
                                                                   India
  60%
                                                                                    Panama


  50%                                                                            Costa Rica


                                                                                     Mexico
  40%
        1980


               1985


                      1990


                             1995


                                    2000


                                              2005


                                                     2006


                                                            2007




                                                                                               0%   20%   40%   60%      80%      100%

          Source: UNDP Human Development Index Report 2009 (based on data calculated on 2007)




                                           PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
 Millennium Challenge Corporation - MCC

• US government fund to median
  income developing nations
                                                              Funds Allocation


• Countries are evaluated on 17             Responsability
                                                                      Project´s
                                                                    Administration,
  different indicators which fall into 3        and                                     Human
                                            Accountability,           $20.6           Development
  categories                                  $24.3                                    $95.1
     • Ruling Justly
     • Investing in People
     • Economic Freedom                                        Connectivity
                                                                 Project
                                                              "Longitudinal
                                                                Northern
                                                                Highway“

• Total granted USD $461 Million                              $233.6
                                                                                                 Productive
                                                                                                Development
                                                                                                of the Project,

                                                                                                    $87.7



                       PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Millennium Challenge Corporation - MCC




           PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Free country according to Freedom
House – Political Freedom




                         Source: Freedom House www.freedomhouse.org/

                 PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Free country according to Freedom House

        Country (2007)           Brazil   China      Costa Rica El Salvador   India   Mexico Panama

   Electoral Process               11         0          12         12         11      10      12

   Political Pluralism and
                                   14         1          15         13         14      14      15
   Participation
   Functioning of
                                   6          1          11          8         9        9      9
   Government
                                                                                                      (Best= 1,
   Political Rights                2          7          1           2         2        2      1
                                                                                                      Worst =7)
   Freedom of Expression and
                                   15         4          16         15         13      14      15
   Belief
   Associational and
                                   10         2          11          9         10      10      11
   Organizational Rights

   Rule of Law                     8          2          13          7         9        8      9

   Personal Autonomy and
                                   12         7          13         10         10      11      12
   Individual Rights
                                                                                                      (Best= 1,
   Civil Liberties                 2          6          1           3         3        2      2
                                                                                                       Worst =7)
   Status                         Free    Not Free      Free       Free       Free     Free   Free

Source: Freedom House www.freedomhouse.org/




                             PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
El Salvador

  •   Solid political & economic environment

  •   International view of El Salvador

  •   Commercial openness & Strategic Location

  •   Foreign direct investment in El Salvador

  •   Infrastructure




               PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Commercial Openness                                          Access to potential market of
                                                             540 Million People
                                                                 FTA - GSP

                                                                 FTA in Negotiation
           USA           Canada            European
                                           Union




                          Central
  Mexico                  America



                                                                                      Taiwan




  Colombia       Chile       Dominican
                             Republic




                    PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Legal Framework
                • Equal treatment national & international Investors
Investment      • Liberty to transfer fund and profits abroad
Law
                • Local finance access


                • Incentives to strategic sectors (Contact centers,
                  BPO, logistics, medical services, etc.)
International
Services Law    • Total permanent taxes exemption (VAT, income
                  and municipal tax) and import duties


                • Incentives to industrial activities
Free Zones
Law             • Total permanent taxes exemption (VAT, income and
                  municipal tax) and import duties


                • Requires minimum $ 50,000 USD investment
Tourism
Law             • Corporate tax exemption (income & municipal)

                • No tax on imports



                   PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Strategic Location
                                   Main airlines serving El Salvador
                                               TACA

                                               American Airlines

                                               Continental Airlines
                     5hrs
                                               Delta Airlines
              2hrs
                                               Copa Airlines

                                               Mexicana


                                    Regular charter flights
                                    •   Air Transat (Montreal, Toronto-Pearson)

                                    •   Czech Airlines (Prague)

                                    •   Livingston Energy Flight (Milan-Malpensa)




          PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Exports and commercial openness
                                                                                               Exports
                                                                                       (in USD millions)
                                                                                                $5,000

                                                                                                $4,500

                                                                                                $4,000

                                                                                                $3,500

                                                                                                $3,000

                                                                                                $2,500

                                                                                                $2,000

                                                                                                $1,500

                                                                                                $1,000

                                                                                                $500

                                                                                                $-
                    91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09
% commercial
openness           42 45 46 47 52 49 55 53 53 60 57 57 59 61 59 61 62 65 52
Source: Central Bank of El Salvador, commercial openness = (Exports + Imports) / GDP




                                PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
  Main Trade Parners and Export Products

                Main Trade Partners                                               Main Export Products

Germany      Dominican   Spain    Mexico     Others
 2.4%         Republic   1.7%      1.5%      6.9%
               1.8%                                                                   Coffee     Sugar
                                                         USA                           6%         2%
                                                        46.4%
                                                                    Maquila
Panama                                                               39%
 2.7%



Costa Rica                    El Salvador                                              El Salvador
  3.6%                       Exports 2009                                             Exports 2009
                          USD 3.8 Bn                                                  USD 3.8 Bn



                                                                                                        Non
                                                                                                     Traditional
Nicaragua                                                                                               53%
                  Honduras       Guatemala
  5.5%             13.4%          14.0%

                                            Source: Central Bank of El Salvador



                         PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
El Salvador

  •   Solid political & economic environment

  •   International view of El Salvador

  •   Commercial openness & Strategic Location

  •   Foreign direct investment in El Salvador

  •   Infrastructure




               PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
        Accumulated FDI is over 30% of GDP
        USD Millions
          1,600
          1,400
          1,200
          1,000
            800
            600
            400
            200
               0
                       2000         01         02             03     04      05     06      07      08      09

Accumulated FDI
  (USD Millions)
                   1,973      2,252 3,134* 3,275                   3,656   4,167   4,408   5,916   6,701   7,132
    as % of GDP    15.0% 16.3% 21.9% 21.8% 23.1% 24.2% 23.5% 29.0% 30.3% 33.8%

           Source: Central Bank of El Salvador
           * Since 2002 FDI flow includes inter-firm loans.




                                 PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Foreign Direct Investment




          PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Agroindustry
Advantages
•   Dry tropical weather
•   Sugar cane excess production
•   CAFTA agreement
•   Competitive cost labor
•   Proximity with US market
•   Excellent road infrastructure


Incentives
•   International Services Law
          Permanent exemption of Income Tax and VAT
          Applies for Logistics & Distribution Centers
•   Free Zones Law
          Provides incentives for manufacturing industry


Opportunities
•   Aquaculture
•   Sugar cane products
•   Ornamental plants
•   Perishables distribution center




                            PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Textile and Apparel
  Strategy:
  • Horizontal integration of sector through formation of clusters in niche
    markets (sweaters, sports clothing) for high added value brands.




                    Threads and
    Product                            Fabrics          Cut & Sew       Package and
                     Synthetic
    design                           manufacture       and services     distribution
                       fiber




                                                    Prior to 2004



                                                                      • Ion Finishing
                                                                      • Partex Sublimation
Imoapopa




                PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Contact Center & BPO
Advantages
• Time Zone Location
• Strong Telecommunications Infrastructure
• Spanish/English neutral speaking accent
• International Services Law (ISL)
• Young labor force with competitive cost




Opportunities
• Hispanic Market
        USA
        Spain
        Latinamerica
• Business Process Outsource
• Services Park Development (ISL)




                        PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Tourism
Advantages
•   Excellent airport infrastructure
•   TACA´s hub - leading Latin American airline



                                                           “El Salvador
•   Diverse touristic attractions within short distances
•   Excellent roads
•   Strong customer service sector
•   Tourism law                                                    is among 25 new best
                                                                        adventure trips”
Opportunities
                                                                        Source: National Geographic Nov. 2007
•   Resorts’ development
      •   Hotel & spa
      •   Golf, marinas
•   Boutique hotels
•   Adventure tourism
•   Medical tourism




                           PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Electronics and Light Manufacturing

Advantages
•   Free Zones Law
•   Competitive labor cost
•   DR-CAFTA
•   Logistics




Opportunities
•   Aeronautics
      •   Maintenance
      •   Aircraft parts
      •   Logistics & distribution
•   Autoparts

                Aeroman is fouder of the “Airbus MRO Network” and worldwide #1 MRO in customer satisfaction, customers
                                                 include jetBlue, America West, US Airways, Frontier, TACA, among others.




                             PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
El Salvador

  •   Solid political & economic environment

  •   International view of El Salvador

  •   Commercial openness & Strategic Location

  •   Foreign direct investment in El Salvador

  •   Infrastructure




               PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Infrastructure
National Infrastructure Projects

1. ROADS, HIGHWAYS
    The Urban Belt Highway
        • six lanes (three each way)
        • 4 sessions and 40.12 Km




                    PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Infrastructure
2. Electric Power Generation Projects

El Cimarron Hydroelectric Dam 261 MW

Talnique’s Electric Generating Plant 50 MW

El Chaparral Hydroelectric Dam 65.82 MW
                                               Map of Energy in El Salvador
El Jobo-La Angostura Hydroelectric Dam 72 MW

Piedra de Toro Hydroelectric Dam 66 MW

Cutuco Energy - LNG Terminal &
Cogeneration Plant 525 MW

AES Fonseca Energy,
coal generation plant 250 MW




                         PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Infrastructure




               Port of Acajutla                                               Port La Union
- Currently the only port operating in El Salvador         –Construction: May 2005-Feb 2009 by TOA-JDN, JV
Throughput                                                 –Investment: US $ 200 Million

•    Constant growth of 20% in the last five years, 4.8    –117 hectares of land
     million tones in 2008                                 •   36.18 Ha: port infrastructure
•    ~166,000 TEU                                          •   80.82 Ha: industrial and commercial use
•    70% bulk, 30% containers
•    110.4 Ha for development                              –Depth of -15 mt in order to receive “POST-PANAMAX”
•    Total pier: 1.3 Km divided in 3 sections              type ships
     of -8 to -12 meters draught                           –Capacity
                                                           •    Phase I: 550,000 TEU
                                                           •    Phase II: 700,000 TEU




                             PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Infrastructure
•   El Salvador International Airport
     –   Strategic location away from the city and at sea level
           •   100% year round visibility
           •   Optimal take-off payload

     –   Certified A1 by the “Autoridad de Aviación Civil” (AAC equivalent of FAA).

     –   Master Plan recently presented by French firm “ADPi” for the expansion and modernizing
         of the airport in 3 phases.




                            PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Infrastructure
Master Plan for Airport




         PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Infrastructure
Designed by ADPi ( France)




              PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Logistics in El Salvador




         PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
Logistics and Connectivity




         PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR
           EL SALVADOR´S INVESTMENT PROMOTION AGENCY
                                     TEL +503 2210 2500
                                     FAX +503 2210 2520


                                  www.proesa.com.sv
Edificio D'Cora Primer Nivel, Urb. Santa Elena, Antiguo Cuscatlán, La Libertad, El Salvador, C.A.




                     PROMOTING EXPORTS AND INVESTMENT IN EL SALVADOR

								
To top