PROESA launches 2020 Investor Guide
The Export and Investment Promotion Agency of El Salvador (PROESA) makes the Investor’s Guide available in its 2020 edition.
This is a tool that aims to publicize investment opportunities offered by the country and provide relevant information in relation to issues such as business climate, accessibility and connectivity, incentives and legal framework, human capital, investment sector opportunities and all aspects related to the establishment and operation of a business in El Salvador.
The document, available on the PROESA website, gives an account of the most competitive factors in the country to establish and operate a business. One of these is its cost competitiveness: in recent years, the Financial Times’ fDi Intelligence magazine has rated El Salvador among the most cost-effective countries in the region.
An important incentive for investments is the establishment of the Special Law of Public-Private Partnerships, which defines the legal framework for the development of public-private partnership (PPP) projects for the provision of infrastructure, public services or activities of interest. generally, efficiently.
Another of El Salvador’s competitive advantages mentioned in the Investor’s Guide, in its 2020 edition, is El Salvador’s workforce, which is made up of more than three million people, of which 55% are under 40 years of age. . This allows us to offer a highly productive workforce capable of developing new skills in a short time, which is qualified as suitable for manufacturing, agro-industrial and service provision activities. In addition, there is a growing population with higher education that can meet the challenges of a modern and globalized economy.
El Salvador offers a favorable investment climate and is constantly working on actions that contribute to it. According to the World Bank in its ranking of ease of doing business 2020, El Salvador is ranked number seven in Latin America.
In addition, as part of the actions to improve the business climate, El Salvador has created a single channel for the incorporation of companies and obtaining the commercial registration. These procedures are carried out via the web through the site www.miempresa.gob.sv, making El Salvador one of the 28 countries in the world that have a single virtual window for starting businesses .
This and much more information about the advantages that El Salvador offers for the establishment of investments can be consulted in the Investor’s Guide 2020, available for download, both in Spanish and in its English version, at this link: https: // bit.ly/30zNU5S
PROESA remains firm in its commitment to facilitate investments in our country and accompany every investment project in its different stages.
To learn more about the services that PROESA offers, visit our website: www.proesa.gob.sv or call (503) 2592-7000.
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