Increases the investment made by the migrant community in El Salvador

The improvement in the business climate in the country has motivated a greater commitment by Salvadorans living abroad

By Voice of the Diaspora

The Savior.-The improvement in the business climate in the country has motivated a greater commitment by Salvadorans living abroad to execute projects in the country.

The Investment and Export Promotion Agency (PROESS) indicated that this group of compatriots already has their projects underway. “116 Salvadorans abroad (SALEX) have joined the economic and social development of the country through their projects. To date, it has been generated $303.7 million investment under the SALEX Investment Attraction Directorate and municipalities”, recorded the body.

Each initiative is at different points, ranging from Ahuachapán to La Unión. For example, SHB Society, through Agroindustrial Innovations in El Salvador, are promoting an agricultural project in San Pedro Puxtla, Ahuachapán. A group of migrants who have established their lives outside the country is financing the construction and equipping of Hospital H+, in Santa Rosa de Lima, The Union.

One of the main objectives is to promote more jobs in the locality and bring development to more localities.. For example, the S.H.B. society. –where Crespín works– will invest an estimated $2 millions, but it will also open opportunities for the inhabitants of the area.

“Projects in the agribusiness sector are sources of employment generation. The projections of generating 100 jobs, plus the 65 current, is worth supporting. We will accompany you until we see your products positioned in international markets”, said the head of PROESA, Salvador Gomez.

About three million Salvadorans live outside the borders. Every year they send between $5,000 million and $7,000 million in family remittances.