El Salvador's Minister of Economy, María Luisa Hayem Brevé, presented the country's ambitious transformation plan, "The New El Salvador," at the Madrid Chamber of Commerce. Before an audience of Spanish business leaders, the minister outlined a new security and development scenario that opens the door to investment in mega-infrastructure and tourism projects, calling on Spanish companies to become "strategic allies" of its growth.
El Salvador is experiencing significant economic growth, positioning it as a priority destination for foreign investment in Central America. During a business forum held at the Madrid Chamber of Commerce, Salvadoran Economy Minister María Luisa Hayem Brevé presented figures that support the country's solid recovery: economic growth that exceeds 4% and an increase in their global exports of 7%The commercial relationship with Spain is especially fruitful, with an increase in Salvadoran sales to our country. more than 24%.
At the heart of this strategy is the plan 'The New El Salvador', a roadmap that, according to the minister, has radically changed the country's security and development landscape. In her speech, she formally invited Spanish companies to be "strategic allies" in the execution of large infrastructure and tourism projects. To ensure a favorable business environment, the Salvadoran government has implemented the Multi-Year Trade Facilitation Plan, an initiative that has already achieved reduce processing times by 60% and has digitized more than 300 administrative processes.
Beyond internal reforms, Hayem Brevé highlighted El Salvador's role as a hub regional. The country not only hosts the headquarters of the Central American Integration System (SICA), but is also a firm supporter of the Customs Union. Its privileged geographical location makes it a key player in the Customs Union phenomenon. nearshoring, offering companies a strategic platform to reorganize their supply chains close to major American markets.
The bilateral relationship between Spain and El Salvador already has a solid foundation. Spanish companies are considered key partners in the country's development, with a Projected investment of 352 million euros by 2025, aimed at generating employment and strengthening key sectors. A tangible example of this collaboration is Spain's participation in large-scale projects such as the Pacific International Airport, which is funded through tools such as the Fund for the Internationalization of Businesses (FIEM).
For its part, Esther Calvo Ruiz, International Development Manager at the Madrid Chamber of Commerce, reaffirmed the organization's support for Spanish companies interested in this market. He emphasized that El Salvador is demonstrating a firm commitment to renewal and change, creating an increasingly secure and attractive ecosystem for investment and business growth.
