A. M. 
The Central American Bank for Economic Integration (CABEI) and the OPEC Fund strengthened their strategic partnership during an official mission to El Salvador. The visit, led by OPEC Fund President Dr. Abdulhamid Alkhalifa, marked a milestone in bilateral cooperation by focusing on key projects for sustainable development, with an emphasis on infrastructure, health, education, technology, and infrastructure.
One of the central points of the agenda was the signing of the loan agreement to partially finance Phase II of the Surf City Program, an initiative that seeks to boost economic and tourism development in the coastal area. In addition, a multi-year financing package aligned with national investment priorities and the country’s partnership strategy was discussed in collaboration with the Ministerio de Hacienda.
During the mission, Alejandro Zelaya, CABEI’s Director for El Salvador, held high-level meetings with government authorities and the President of the Republic, reinforcing their joint commitment to supporting strategic areas for economic and social growth. Topics discussed included the modernization of road infrastructure, strengthening the healthcare system, and opportunities for cooperation in the tourism sector.
The visit also included a technical inspection of the Surf City Project, where the impact of investments in road sections, pumping stations, and wastewater treatment plants was assessed. This action reaffirms the interest of both institutions in channeling resources toward projects with a high social and environmental impact, thus consolidating their commitment to El Salvador’s sustainable development.
Read also
