The investment of US$12 million in the “Tunan Tal” free trade zone will boost the economic development of San Vicente by generating 500 direct jobs. The project, led by the La Tayacana business group, includes the construction of a warehouse for sorting second-hand products and a textile recycling plant.
Businessman Alex Zaldívar, executive director of “Tunan Tal”, pointed out that this initiative seeks to strengthen the local economy and offer job opportunities, especially to young people, without the need to move to San Salvador. “We have always thought about how to contribute to the economic development of the country and provide job opportunities to our Vincentian community”, he said.
The first phase of the project will have an initial investment of US$9.5 million, with a total projected investment of US$12 million. The free trade zone will have spaces designed with an environmental focus, incorporating green areas and an ecological area as part of its commitment to the environment.
The development of this industrial park has been supported by Whitehouse & Schapiro, a global textile marketing company with more than 110 years in the industry. This support has been key to consolidating a business model based on the reuse and recycling of textiles.
Zaldívar emphasized that security in the country has been a determining factor in executing the investment. “We have a very safe country that allows us to bring the effort made outside our borders and make an investment that truly helps the growth of El Salvador”, he said.
The Embassy of El Salvador in Nicaragua has accompanied this project as part of the efforts to promote the investment of the diaspora in the country. With this free trade zone model, San Vicente is positioned as a key point for sustainable industrial development and employment generation in the textile sector.
A. M. 
