Displaying items by tag: projects

El Salvador is known for its creative entrepreneurs and world-renowned talent in the services sector. To reinforce his commitment to innovation in the country, President Nayib Bukele announced a set of incentives for investments in the technology sector.

AES El Salvador, through its company AES CLESA, invested US$760 thousand in the execution of five projects for the improvement and expansion of its electrical network in the departments of Santa Ana, Sonsonate, Ahuachapán and La Libertad, benefiting more than 10 thousand residential, commercial and industrial customers.

The Treasury Commission issued a favorable opinion for the creation of the Special Law for the Contracting of Public Works with Inclusive Financing, in order to establish special conditions for the awarding and execution of projects in which costs are contemplated in their design, construction, supervision and, in some cases, operation and maintenance.

The President of the Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL), Daniel Alvarez, participated in the 9th Geothermal Congress for Latin America and the Caribbean (GEOLAC), which began today in Mexico City and where all geothermal countries in the region participate, including key entities such as the World Bank and the International Geothermal Association (IGA).

The investment of the works was 120 thousand dollars, benefiting the municipalities of Santa Ana, Coatepeque, Masahuat, Santa Rosa Guachipilín, Texistepeque and Metapán.

The Minister of Finance, Alejandro Zelaya, signed an agreement with the Central American Bank for Economic Integration (CABEI), for an amount of US$1 million to be used for two projects to be executed by the Comisión Hidroeléctrica del Río Lempa (CEL) in 190 schools in the country and the Administración Nacional de Acueductos y Alcantarillados (ANDA) in San Diego and Majahual.

The Ministers of Tourism, Morena Valdez, the Minister of Economy, María Luisa Hayem, and the General Manager of the Corporación Salvadoreña de Turismo (CORSATUR), are conducting an inspection tour of projects carried out with non-refundable funds given to 32 companies by the Inter-American Development Bank (IDB).

The Minister of Public Works (MOP), Romeo Herrera, informed that they have put out to public bidding a series of projects to be executed in different areas of San Salvador.

The Central American Bank for Economic Integration (CABEI) promotes social programs focused on fostering entrepreneurship, employment and youth innovation in the region.

The SICA High Level Forum for the reactivation of micro, small and medium-sized enterprises (MSMEs) seeks to generate articulation processes with public, academic and private institutions and entrepreneurs to promote innovation, with financing and educational spaces aimed at fostering the development and growth of the sector.