Monday, 26 February 2024 20:45

Diaspora businessmen invest half a million dollars in El Salvador

Written by Karla Gutiérrez

El Salvador's favorable business climate has attracted people from all over the world, including compatriots from the diaspora, to our country to invest and establish their productive projects.

Two of them are compatriots Carlos Orellana and Max Sandoval, who recently inaugurated in the country the company Connecta ya.

This company has initially hired 15 people and the projected investment amounts to half a million dollars.

In the second phase, they will hire 50 people in a period of 6 months and, in the third phase, there will be 100. The company will offer customer service, mortgage, real estate, technology and renewable energy services.

The approach with this company was coordinated by the Consul General of El Salvador in Los Angeles, Alejandro Letona.

In this regard, the head of the Department of Investment and Business with the Diaspora, Andrea Cañas, reiterated the commitment of the Government of El Salvador to facilitate information on the procedures, to contribute to the economic development of the country and the transformation it is now undergoing.

Businessman Max Sandoval expressed his satisfaction at being part of El Salvador's growth.

Carlos Orellana, originally from Mejicanos, has lived in the United States for 37 years, where he has also promoted companies in the areas of technology, marketing and finance. He has also supported young people to promote startups.

The efforts and support provided to this entrepreneur of the diaspora are part of the strategies promoted by the Ministry of Foreign Affairs of the Republic in terms of commercial diplomacy and inclusion of the diaspora in development and investment projects.


Translated by: A.M