El Salvador’s Investment and Export Promotion Agency has revealed significant figures on investment in the Área Metropolitana de San Salvador (AMSS). According to reports from the Oficina de Planeación del AMSS (Opamss), a total of US$1.339 billion in private investment projects that were previously shelved have been released. These projects cover diverse areas, including housing, commerce, and industry, reflecting a boost in economic development.
Luis Rodríguez, executive director of Coamss/Opamss, noted that this injection of capital into the construction sector has materialized in the last four months. The objective of these actions is to facilitate and promote investment in El Salvador, especially at a time when the country is seeking to revitalize its economy and attract more beneficial projects.
The recent incorporation of the municipalities of La Libertad Este and La Libertad Costa into Coamss/Opamss promises even more investment opportunities. Rodríguez anticipates that, in the current five-year period, total investment could exceed US$7.8 billion. This territorial expansion will allow the establishment of a commercial and logistical corridor, maximizing the development potential in the southern part of the AMSS.
In addition, the recognition of El Salvador by UN Tourism as one of the countries with the most tourist attractions in the world underscores the importance of these developments. The country is positioned as the leader in the Americas in terms of tourist attractiveness, which in turn can encourage more investment in infrastructure and services.