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Noticias Ciudadano (152)

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…
The Government of El Salvador through the Export And Investment Promotion Agency Of El Salvador (PROESA), and the Technical Secretariat of the Presidency, launched this July 15th the program called “Be successful improving your English”, this program goes to Salvadoran people over 18 years old with a higher academic level in this language in order to attract more investment and enhance the growth of strategic sectors in the country. This program has the support of the Special Fund Resources of the Privatization Hailing ANTEL. This human resource training pretends to attract new investments or to facilitate the expansion of existing ones in the strategic sectors of El Salvador from English vocational training for beneficiaries so that way they can acquire to the appropriate knowledge and apply for jobs in the sectors of aviation, tourism, finance, human resources, customer service and information technology and others, those are the industries that are growing in the country and demanding human resources that are able to master that language. This program will benefit 650 people in El Salvador at the end of next year; the first training will start this july 15th. “This program started because of the demand of companies from strategic sectors, …
At the end of 2013 it is expected to have a document of the obility strategy, said Gerson Martínez, Minister of Public Works, Transportation and Urban Development, in the closing of El Salvador Logistics Forum 2030, organized by the Government of El Salvador, with the support of MOP, and the Salvadoran Foundation for Economic and Social Development, through the Competitiveness Initiative. This activity was supported by the Export and Investment Promotion Agency of El Salvador (PROESA) and the United Nations System in El Salvador. Juan Pablo Rivas, president and CEO of the Bogotá Trade Zone, in his conference “Trade Zones: Economic development poles. Experience of world success in Latin America” said that one of the challenges that we currently have “is to have achieve higher growth than the one is being achieved in the region; for the region to be out of poverty the growth must be greater than 6%” to do this, El Salvador should focus on a better range of services: “The investment will always be where they are offered the best possible service and support” he said. In line with this, the fifth and final panel discussion forum focused on “The Role of the Available airport lands…
Our government with the private sector realized the Logistic El Salvador 2030. During two days, this forum brought together the logistic community, this collective synergy create a climate of trust that allows foreign investment, and provide a policy the national logistics, transportation and ports infrastructure that exist in a logistics platform that turns the country more competitive and connected to the world in a more efficient manner. This effort promoted through an understanding between the Ministry of Public Works, Transportation, Housing and Urban Development and the Salvadoran Foundation for Economic and Social Development, through the competitiveness initiative and has the support of Export and Investment Promotion Agency of El Salvador (PROESA) and the United Nations System in El Salvador. Because of the country´s proximity to the United States market and the emerging of Mesoamerica market, as well as the free trade agreements that it has, El Salvador has preferential access to a market of 1.2 billion people and is a key player in the regional distribution of load.Therefore the country is developing logistics capabilities and looking to attract investments for improving distribution efficiencies via various infrastructure load (container terminal, airport modernization) and operations (methods of transport and equipment) in order…
The Export and Investment Promotion Agency of El Salvador (PROESA) participated in the conference "Business opportunities between El Salvador and the United Kingdom", organized by the British Embassy in El Salvador as part of British Week. The event was inaugurated by the Deputy of Foreign Affairs, Integration and Economic Development, Carlos Castaneda, and the British Ambassador in El Salvador, Linda Cross, attended by the Executive Director and Director of Exportations of PROESA, Giovanni Berti, who discussed the bilateral relations between the two countries with a conference named  "El Salvador - England, Opportunities for the strengthening trade relations". "The UK was the fifth destination of Salvadoran exports to the European Union for 2012, with a share of 7% of the total export value," said Giovanni Berti, while highlighting the potential sustained growth that Salvadoran exports has had to that destination from 2007 to 2012, and an annual average of 16% per annum, which has doubled in that period the amount of exports: "We export U.S. $ 8 million in 2007 to a little more than $ 17 million in 2012," he said. The presentation included a range of technical data based on specialized studies by PROESA, in which it is held…
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