A. M. 
Courtesy
The minister of Economy, María Luisa Hayem, highlighted that the recent investment in the ports of Acajutla and La Unión will have a significant positive impact on El Salvador’s international trade.
According to Hayem, the $1,615 million investment made by the Turkish company YILPORT Holding Inc. will not only modernize the port of Acajutla, but will also reactivate the port of La Unión. This investment is part of phase 3 of the Economic Plan announced by President Nayib Bukele.
The minister emphasized that the improvement in port infrastructure will reduce costs for export companies and facilitate trade with Central and South America and other regions. The first phase of the project, focused on the port of Acajutla, contemplates measures to streamline the entry and exit of ships, which will result in a reduction of time and costs for exporters.
In addition, the initiative, which will be implemented through a joint venture between YILPORT and the Comisión Ejecutiva Portuaria Autónoma (CEPA), will focus on incorporating advanced technology and increasing the logistics capacity of both ports. This effort seeks not only to modernize the facilities, but also to improve the operational and competitive efficiency of the ports.
The investment aims to transform the ports into more efficient logistics centers, benefiting both large and small exporters. The minister emphasized that improvements in port infrastructure and technology will contribute to a significant reduction in costs and waiting times in international trade.
Hayem reiterated that port modernization is crucial to strengthen El Salvador’s position in global trade, which in turn will boost the country’s economic growth.
