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Dozens of companies are interested in running the first PPP of El Salvador

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A total of 20 companies have already reserved the bidding rules to participate in the execution of the first Public-Private Partnership (PPP) of El Salvador, said this morning, in an interview on Channel 21 of national television, the president of the Promotion Agency of Exports and Investments of El Salvador (known in Spanish as PROESA) Salvador Gómez Góchez.

 

“Yesterday, talking to Federico Anliker, president of CEPA, he told me that 20 companies have already bought the bidding rules to participate in that PPP (…) From the first PPP we have 16 projects that are already coming, which mean an investment of $1,150 million. That has drawn the attention of other institutions and companies to want to request, mainly from our ministries and PROESA, studies of infrastructure projects that will mean those investment amounts,” said Gómez Góchez.

 

This first project is the expansion of the cargo terminal of the International Airport of El Salvador San Óscar Arnulfo Romero and Galdámez, and “represents an initial investment of $13 million, and in a second stage $44 million, making $57 million,” emphasized the head of PROESA, ensuring that this project will attract more cargo to the country, which will support national economic growth.

 

He also affirmed that by November of this year they expect to launch a second project to be executed under the PPP modality: “The next project, which we intend to have in six months of government, is the lighting and video surveillance cameras covering 144 kilometers of streets in the country. That will mean safety and best traffic plus it will help immensely to continue lowering violence in the country, because we will have the most important arteries with top quality lighting and video surveillance cameras. The study is being requested by the MOP. And we think that by November we will have the project ready. There would already be two Public-Private Partners in the country.”

 

Gómez Góchez also emphasized the performance of the government led by the President of the Republic, Nayib Bukele: "We were able, in the first 100 days of this government, to unravel $156.6 million in investments," he said.

 

This work, he highlighted, has required dialogue, and to put in place mechanisms, such as the signing of legal stability agreements, that provide security for investments and that allow joint work with local governments, to solve those difficulties that had been slowing down Investments in the territory.

 

To learn more about the services provided by PROESA, call (503) 25927000 or visit our website www.proesa.gob.sv.

 

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October 3, 2019

 

Actualizado 11/18/2019
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