A. M. The salvadoran government, in coordination with the Oficina de Planificación del Área Metropolitana de San Salvador (OPAMSS), is implementing an ambitious strategy to facilitate and accelerate the execution of investment projects, with a projection of more than US$8.036 billion. This initiative seeks to improve the country’s competitiveness and promote economic development in key sectors such as housing, commerce, tourism, and logistics.
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According to Luis Rodríguez, executive director of COAMSS-OPAMSS, in the last five months projects valued at US$1.1 billion have been released, and over the course of the last year this figure has risen to US$3 billion. This dynamism has been achieved thanks to the simplification of procedures and the optimization of internal processes, which have improved by 70% in terms of efficiency.
Currently, more than 416 projects are under development, which has generated a significant boost in the construction industry, which already has approximately 165,000 jobs. In addition, there has been an 8% increase in female participation in this sector, thanks to the implementation of training programs that prepare people to work directly on construction sites.
The favorable conditions that have been established -such as clear rules, greater institutional agility, and a framework of legal security- have given confidence to investors, who continue to present new proposals. According to Rodríguez, daily meetings with private sector representatives reflect the growing interest in taking advantage of the opportunities offered by the current environment.
With this strategy, the country is moving towards a sustained economic transformation, supported by a public policy that prioritizes productive investment, employment generation and the strengthening of the business ecosystem in the metropolitan region.
