dinero_admin The president of the Asociación Salvadoreña de Industriales (ASI), Jorge Arriaza, announced the creation of the Consejo Industrial de El Salvador, an initiative that brings together companies from the country’s 26 industrial sectors. This new entity aims to consolidate the country’s economic and productive development through a comprehensive growth strategy.
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During the Council’s presentation, Arriaza reported that it plans to attract US$1 billion in private investment over the next four years, as part of the strategic plan that will be officially detailed on june 12, during Industry Day. This investment seeks to strengthen the industrial sector, which currently represents between 15% and 20% of global GDP, but which in El Salvador has seen a slight decline in recent years.
The plan includes five strategic challenges: the creation of 400 new industrial companies, focusing on the United States and Central American markets; the creation of 40,000 highly skilled jobs; 8% annual growth in exports; and the doubling of the country’s industrial Gross Domestic Product (GDP).
“We have set five strategic challenges for the next four years, including the creation of 400 new industrial companies focused on the United States and Central American markets”, said Arriaza, who also coordinates the Industrial Council.
The ASI president emphasized that El Salvador’s current climate of security provides a solid foundation for driving economic growth. “A country with a strong and secure economy is precisely what we all want”, he said.
Furthermore, Arriaza emphasized that the Industrial Council is working on eleven key objectives that will boost the productive sector. With this vision, the Council hopes to strengthen national industry, generate greater opportunities, and contribute to the country’s sustainable development.
