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Monday, 22 April 2024 22:48

El Salvador has received US$486.8 million in Foreign Direct Investment (FDI)

Written by Denis Muñoz
El Salvador has received US$486.8 million in Foreign Direct Investment (FDI) Courtesy

The Investment and Export Promotion Agency of El Salvador (Invest in El Salvador) has shared through its social networks that in the last year, the country has received US$486.8 million in Foreign Direct Investment (FDI).

El Salvador has become one of the most attractive markets for domestic and foreign investors.

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Douglas Rodríguez, president of the BCR, detailed that net FDI flows are 36% higher than the average of the period between 2012 to 2022 and in 2023 accumulated three quarters above US$100 million.

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Currently, great investment opportunities are provided through the modernization of foreign trade operations, new infrastructure, physical and digital infrastructure, simplification, and digitization of procedures for agile establishments, reform and development of a legal framework that protects and promotes foreign direct investment, resulting in a competitive business climate for investment and the promotion of dynamic, inclusive, and resilient economic growth.

 

Translated by: A.M

 

Published in Economy
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