PROESA Image

Latest News

 

Citizen participation

feed-image RSS Feed

Noticias Ciudadano (198)

The Government of El Salvador, through the Export and Investment Promotion Agency of El Salvador (PROESA) and its president, Sigfrido Reyes, led a delegation of businessmen and government representatives to join Expo Milano 2015. The activity took place on Milan, Italy, on September 15th, as part of the National Day of the Republic of Central America, which coincided with the national independence of El Salvador.   This year, Expo Milano 2015 addresses a key question: How to ensure food security for present and future generations? Countries around the world have gathered to address the issue from different angles, including science for food security and quality, innovation in the agri-food supply chain, technology for agriculture and biodiversity, nutritional education and gastronomic traditions from different world cultures and ethnic groups.   "Expo Milano 2015, with its theme "Feeding the Planet, Energy for Life", undoubtedly will be the first world exposition to be remembered not only for its impressive structures and activities, but also for its contribution to the debate about food, nutrition and sustainable resources worldwide", said Sigfrido Reyes, president of PROESA. "We are confident that Expo Milano opens unique opportunities for cultural exchange between countries at different levels and a platform…
Awareness campaign on export culture seeks market diversification and the generation of a new profile of trained producers to export to international markets.     The government of El Salvador, through the Export and Investment Promotion Agency of El Salvador (PROESA) bring out the first awareness campaign for the Salvadoran population on foreign trade, under the "National Export Culture Project".   The campaign aims to foster a new attitude towards our country’s international trade relations, support the diversification of Salvadoran export base, and provide training tools to compete abroad and support the building of a new profile of formed  producers and people interested in growing into international markets.   "To encourage the growth and diversification of national exports, we need the strengthening and development of a national export culture that seeks the employment generation and economic development. This is one of the ultimate goals of this campaign that we launched from PROESA, " president of PROESA, Sigfrido Reyes, said.   Employment generation, increase and diversification of export markets, positioning of Salvadoran exporters on international markets and improving the quality and processes are some of the advantages of the creation and strengthening of a national export culture, identified by PROESA.  …
The Government of El Salvador, through its Investment and Export promotion Agency (PROESA) conducted its El Salvador´s Energy Workshop.   The event is an opportunity for potential investors to get to know the status of El Salvador energy sector and its investment opportunities.   American companies and institutions, such as Solar City, Torch Energy, Partners of the Americas, The Latino Coalition Foundation And ECPA Senior Fellow,  were participating in the event.   “For PROESA, it is of great importance to support and articulate investment and business opportunities in an strategic and important sector, such as the energy sector”, Sigfrido Reyes, president of PROESA, said.   “This is why in a team work approach together with key American Institutions as Partners of the Americas and The Latino Coalition Foundation, we have been working together for this event: El Salvador´s energy workshop”, he said.   The seminar aims to identify new investment opportunities for the energy sector in El Salvador, in order to promote the diversification of the energy matrix, at small and large scale.   The Government of El Salvador is focused on energy investment attraction that is strongly related to El Salvador’s energy policy guidelines, where the support and fostering…
Hotel Boutique Sal&Luz began operations with an investment of US $ 500,000   The Government of El Salvador, with a group of Colombian investors, initiated operations of the Hotel boutique Sal&Luz. This new hotel is located in the Campestre neighborhood in San Salvador.   For The president of the Export and Investment Promotion Agency of El Salvador  (PROESA),  Sigfrido Reyes, "It´s for projects such as this, that companies decide to invest in our country and our people, which shows that it is possible to invest in El Salvador”, said. "It is important to note that Colombia has chosen us as one of their destinations in investments, which are being diversified in areas such as tourism, financial and insurance activities, allowing for the first quarter of this year, Foreign Direct Investment stock from Colombia in El Salvador, to be around USD 700 million, "he mentioned.   This project began a year ago, when Colombian investors, with more than two decades of experience in tourism, saw in El Salvador a good destination for investment linked to tourism. Boutique Sal y Luz has an estimated investment of US $ 500,000 and has seven different luxury environments.   For the Government of El Salvador such investments…
El Salvador, through its Export and Investment Promotion Agency (PROESA), is participating in the medical devices exhibition Medical Design & Manufacturing West (MD&M West), which is being held at Anaheim, California, from February 11 – 13, 2014. The Salvadoran delegation includes companies from the metalworking and plastics sectors, as well as free zone operators.   According to Carolina Vides, PROESA’s Medical Devices Investment Adviser, this event presents a unique opportunity to promote the establishment of medical devices manufacturing plants and distribution centers in El Salvador, as well as outsourcing services from local companies. The medical devices industry is one of the most recent business opportunities the country has to offer. Companies investing in El Salvador can take advantage of its tax free zones; trade agreements with the USA, Central America and the European Union; a highly skilled workforce and low operation costs, among others.   14,000 people are expected to attend the 2014 MD&M West, where different products and services are going to be shown like: automation and robotics, manufacturing contracting services, lab supplies and equipment, medical materials, medical tubes and manufacturing of metal and plastic components.   For more information about this summit, visit: https://twitter.com/MDM_Events or https://twitter.com/Proesa_sv   For…
The Government of Central American country of El Salvador through its Agency for Promotion of Exports and Investments (PROESA) conducted a seminar for the textile and clothing sector of the country, in order to identify new opportunities and access markets through utilizing the benefits from Free Trade Agreements (FTA), especially with the US. According to a statement issued by Ministry of Economy of El Salvador, the seminar, held under the theme ‘Identifying new opportunities for textile and clothing sector under trade agreements’, addressed the issues of major requirements of the domestic textile and garment industry, in order to sell products in the US, with special emphasis laid on the Government procurement issue. During the seminar, Mario Roger Hernandez, Deputy Minister of Economy, said that selling products to foreign Governments is a new way of doing business and this requires having the right information and timely advice that allows companies to identify opportunities in this area. Through the Productive Transformation Program (PTP), the Salvadoran Government has identified sectors in the country with most growth prospects in the short term, and initiated the training program with the textile and clothing industry, as it accounted for nearly 16.3 percent of the total industrial…
  PROESA, the Export and Investment Promotion Agency of El Salvador, will be attending AdvaMed2013, the MedTech Conference. This will take place at the Walter E. Washington Convention Center from September 23rd to 25th. PROESA’s main goal at AdvaMed2013 is to promote investments in the Medical Devices sector in El Salvador.    International medical devices manufacturing companies will find in El Salvador a strategic partner that offers a low cost platform with rapid access to the North, Central and South American markets.Furthermore, companies established in El Salvador can take advantage of its free trade agreements, tax incentives and low operating costs. Key opportunities in the sector include:   Investment in manufacturing plants of:   Medical supplies: Laboratory and diagnostic equipment Wound care supplies Hospital linen and surgical gowns Orthopedic products: Prostheses and orthoses Hospital furniture   Investment in logistic centers: Distribution centers Packaging of medical devices     According to established foreign investors, low labor costs combined with highly productive employees is El Salvador´s most valuable advantage. For instance, in the FDI Intelligence Report “Caribbean and Central American Countries of the Future” 2011/2012, El Salvador was awarded “best cost effective country” and ranked 7th place in “Best human resources”.  …
  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.
  The Government of El Salvador, through the Export and Investment Promotion Agency of El Salvador (PROESA), coordinated a commercial mission to Santo Domingo, Dominican Republic, framed within the Program Export More 2013. From the 17th to the 18th of September, eleven Salvadorian companies of the goods sector will have the opportunity to meet with their Dominican counterparts to explore business opportunities and increase their current trade ties to that country.    To support companies in their internationalization process, this mission of Export More opens with an opening ceremony the evening of September 16th. At the ceremony, Salvadorian entrepreneurs of the eleven participating companies will receive their schedule of meetings, which are scheduled on the 17th and 18th of September, with between 6 and 10 meetings per entrepreneur.   The participating companies are from the goods sector, and the list includes Algier’sImpresores; Bemisal, S. A. de C. V.; Casa Bazzini; DrogueríaHermel; In House Print; Industrias Monerva; Industrias Pichinte; Industrias Plásticas; Panadería Santa Eduvigis; Patronic (Sabor Amigo), and Perfiles Internacionales. Export More is an interagency program that was launched on June 11th of this 2013, whose aim is to support Salvadorian companies currently exporting but who are interested in diversifying and…
Between September 4th and 6th, the staff of the Exports and Investments Promotion Agency of El Salvador (PROESA), other government officials and private sector representatives were trained on best practices in investment promotion in order to build capacity and improve services to attract investment in El Salvador, the workshop was conducted by an international consultant, Luis Soto, CEO at Global Partners Consulting.   The training received in each day, had as main objective to provide PROESA team and representatives of the other institutions, a vision of context for the development of better investment promotion strategy. The main topics discussed were: 1) Focused promotion of investment, 2) Investor facilitation services, 3) AfterCare and 4) Improving the investment climate.   The consultant said that those countries that are most successful are not necessarily those with no gap for development but those which have the ability to organize better the efforts to overcome them, in the case of El Salvador PROESA can be a key organization from the perspective of improving the investment climate . "I've worked in over 25 countries and I noticed that El Salvador has a great advantage to have an Agency for Export and Investment Promotion as PROESA, which has…
^ Up