Displaying items by tag: construction

The Cámara Salvadoreña de la Industria de la Construcción (Casalco), foresees a positive trend in the construction industry for 2024, due to the growth seen in this economic activity in 2023.

From a production perspective, growth was observed in 17 of the 19 activities that make up the GDP, highlighting the highest annual increase: Construction with 17.9%; Electricity 14.6%; Professional and technical services 11.1%; Leisure services 10.2%; Financial services 7.5%; Administration and support services 4.5%; Communications 4.1%; and Government services with 3.9%.

Plaza Mundo, a leading and reliable brand in the commercial area, is preparing for a historic milestone with the opening of its new shopping center in Usulután.

The Banco Central de Reserva (BCR) reported that El Salvador's economic activity continues to expand. This is reflected in the Volumen de la Actividad Económica (IVAE), which grew 4.6% annually in november 2023.

The company Transmisora de El Salvador (ETESAL), has inaugurated a new electrical substation in Chalatenango, as part of the expansion plan of ETESAL's transmission system. The event was attended by the head of the company Edwin Núñez and the minister of Tourism Morena Valdez.

The deputies approved the incorporation of US$12.6 million to this ministry to finance the purchase of rights of way, a necessary step to carry out two road works in La Libertad.

The Ministerio de Obras Públicas is making progress in the construction of the Gerardo Barrios Peripheral, in San Miguel, one of the most important projects for mobility and commercial logistics, which will bring great benefits to the residents of the eastern part of the country.

An investment by the Spanish Cooperation allowed bringing potable water to the inhabitants of an island in Usulután. The project was executed through the Fondo de Cooperación de Agua y Saneamiento (FCAS) and represented an investment of almost US$800,000.

Guaranteeing efficient and safe road connectivity, boosting economic and productive development, as well as improving the mobility of salvadorans, stimulating private investment and increasing export potential are some of the benefits that the Central Government has proposed with the construction and expansion of the Panamerican Highway, Los Chorros section.

Through the Labor Migration program of the Ministry of Labor, more compatriots continue traveling to Canada. A new contingent of salvadorans left for the North American country to work legally.