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The Legislative Assembly approved, with 57 votes, an amendment to the US$84 million loan granted by the Inter-American Development Bank (IDB), with the aim of modernizing customs, strengthening border infrastructure, and streamlining foreign trade processes in El Salvador. The amendment seeks to broaden the original scope of financing to make the country a regional leader in logistics, trade facilitation, and operational efficiency.
The loan had initially been approved to implement the “Trade Facilitation and Port Operation Modernization Program in El Salvador”. However, the legislators approved changes to the contract to incorporate new strategic areas related to investment, digitization, and institutional strengthening.
With this modification, the program will be renamed the “Trade and Investment Facilitation Program in El Salvador”, reflecting a broader vision focused not only on port modernization but also on the comprehensive transformation of the country’s customs and trade processes.
According to the approved plan, the US$84 million will be allocated to improving physical infrastructure at various border crossings and customs offices nationwide, as well as incorporating specialized technology to expedite the inspection and control of goods.
Among the main projects planned is the modernization of the El Poy customs office, one of the country’s main land border crossings. The Integrated Control Center located at the San Bartolo facility will also be strengthened to optimize customs inspection processes and reduce processing times for foreign trade operations.
In addition to the physical improvements, the project includes a strong commitment to digitalization. The funds will allow for the development of the Foreign Trade Portal, a platform designed to simplify procedures, reduce bureaucratic processes, and facilitate operations for exporters and importers.
The loan modifications also include the acquisition of computer equipment, the strengthening of technological infrastructure, and the necessary equipment for the institutions responsible for implementing the program.
With these actions, the Government aims to modernize the salvadoran customs system, improve the country’s competitiveness, and facilitate trade with the region by reducing logistics times and strengthening border controls.
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