El Salvador: Investment Projects for Fomilenio II

10 Aug 2015

Construction of roads, renovation and expansion of airports, an industrial park in Zacatecoluca and works at the border crossings in La Hachadura and Anguiatú are the top five proposals to be developed using funding from the USAID program.
The proposals presented to the Millennium Challenge Corporation (MCC) will be developed through public-private partnerships, and will receive technical and financial support for the creation of the partnerships. Wiliam Pleites, executive director of the board of FOMILENIO II, presented the first five projects and said that three new proposals will be presented to be analysed and approved by the MCC.

Laprensagrafica.com reports on the first five projects submitted:

"... Widening of the road that leads from El Delirio (department of San Miguel) to El Carmen (Department of La Union) which practically involves going over the lagoon at Olomega. "

"... Renovation and expansion of the airport at Ilopango (San Salvador), which already receives commercial flights from abroad run by low-cost airlines.

"... The third proposal is to extend the cargo area in the Monseñor Romero airport. The idea is to align this sector with the plans they have for passenger services. The Government aims to expand the capacity of the airport of La Paz and modernize it... ".

The fourth proposal involves the construction of an industrial park in Zacatecoluca, in the department of La Paz. This park would be supplemented by a scientific and technological park.

The fifth project is intervention at the border posts in La Hachadura (Ahuachapán) and Anguiatú (Santa Ana). "... According to Pleites in Guatemala they are also discussing the possibility of concessioning the customs border with La Hachadura. Eventually, if all goes as expected, this could also be considered for Amatillo (La Union). "

Source: CentralAmericaData.com