A. M. 
The investment will benefit more than 69,000 salvadorans, of whom more than 52% are women.
With this financing, CABEI’s total support for the Surf City Program exceeds US$178 million.
The Central American Bank for Economic Integration (CABEI) and the Ministerio de Hacienda of the Republic of El Salvador signed a loan agreement for a total of US$65 million for the Surf City Program – Phase II. This strategic initiative will improve urban, tourism, and logistics conditions, as well as natural resource management in the department of La Libertad, directly benefiting more than 69,000 salvadorans.
This program will allow the expansion of 8.2 kilometers of the CA02W route to four lanes between the Xanadú residential area and El Zonte beach, the construction of the bridge over the Huiza river in the Melara canton, and the installation of two wastewater treatment plants in the area of influence of the beaches of El Majahual, San Blas, El Cocal, Conchalío, San Diego and Cangrejera, in the department of La Libertad.
The Surf City Program is a large-scale, multi-phase initiative in which the Central American Bank for Economic Integration (CABEI) has been a strategic partner since its inception, participating in the financing of various stages. The Bank’s commitment began in December 2023, when it approved a non-reimbursable technical cooperation grant of US$52,500.00 under CABEI’s Pre-Investment Financing and Technical Cooperation Program to support the development of the Surf City Program.
In september 2024, CABEI authorized financing of US$113.9 million for the Surf City Program – Phase I, aimed at improving urban, tourism, and logistical mobility in the departments of La Libertad and Sonsonate. This phase includes the expansion of the CA02W Highway Section II, the construction of a wastewater treatment plant for the areas of El Palmarcito and El Sunzal in La Libertad, and the construction of the interchange between the CA02W Coastal Highway and the Acajutla Highway (CA12S), known as Kilometer 5, in Sonsonate.
It is important to highlight that, thanks to the Bank’s efforts to catalyze more resources, this Phase II has received co-financing from the OPEC Fund for US$70 million, recently formalized, bringing the total investment for this phase of the program to US$135 million. With the formalization of this financing, CABEI’s total support for the Surf City Program reaches more than US$178 million, consolidating the Bank as a strategic partner in the development of El Salvador’s most important tourist corridor.
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