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Industry and Trade
Farming the land (Camarasal)
Within the general industry, the textile and
manufacturing industry represent close to 45% of
the total exports of El Salvador, 18% of the industrial
product and 4.1% of the national Gross Domestic
Product.
The textile industry is one of the sectors that benefit
the most from the Incentive Law at Free Zones,
where almost the entire maquila of El Salvador is
located.
For 20 years El Salvador has been attracting
foreign investment on different industries, being
to this date the apparel manufacturing as one
of the most important ones. In order to give more
competitiveness to El Salvador as an investment
destination, the Free Zone Law was created, which
grants fiscal benefits to the operators of the Free
Zone as well as the companies that operate there
among which we can mention:
• Incentives to industrial activities.
• Permanent local tax exemption (VAC, income and
municipal) and import tariffs of equipment and raw
material.
• Tax exemption on real estate.
CENTRO INTERNACIONAL DE FERIAS Y
CONVENCIONES (CIFCO) – CONVENTION AND
FAIR INTERNATIONAL CENTER
Miguel Menéndez
Chairman CEO
Av. La Revolución 222,
Col. San Benito, San Salvador
Tel: (+503) 2501 0200
Fax: (+503) 2501 0246
www.cifco.gob.sv
Activity: Organization of national and international
fairs and events
Known for many years only as the International
Trade Fair, the International Convention and Fair
Center (CIFCO) changed to this new name in 2009.
Investment done on this strategic change involves
more than USD$4 million in brand new infrastructure
and cutting-edge technological equipment.
It is currently the largest in Central America with
36,000 m2 of covered room. It has impressive
rooms, such as, the Amphitheater, the Central