El Salvador moved eight positions up in the ranking of Latin American Cities for Investment Attraction, study done by The Center for Competitive Thinking Strategies (CEPEC) of the University of Rosario in Colombia and the Chilean consultant Business Intelligence (IdN).
According to the results of the ranking, El Salvador advanced 8 seats, from 43 in 2012 to 35 this 2013. This is reflected in the increase of its investment attractiveness index that went from 40.8 in 2012 to 45.58 in 2013. Another important improvement is the transition from 16 to 18 multinationals present in El Salvador, which has an effect in its global reputation and presence. In addition,on transaction costs and processing speed, El Salvador is in the position 11thof the 19 countries, a position that portrays the easiness of the process investors have to go through when doing business.
On the issue of competitiveness, El Salvador is positioned regarding its production cost with an index of 52.2, based on 100 the production cost in the United States. This puts it in the top ranking, along with Bolivia, Honduras and Nicaragua, making it a low-cost country attractive to investors.