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Real Estate and Construction
El Salvador has the most developed infrastructures
in Central America. These are some of the key
factors and projects that will improve even more the
quality of the facilities:
MOP
The Ministry of Public Works, Transportation,
Housing and Urban Development has an ordinary
budget close to 126 million US Dollars. The Ministry
also has an additional 100 million, to be exclusively
used for public investment.
The Ministry has a Vice-Ministry for each competing
area. Around the Ministry are 7 autonomous
organisms with their own law but they have a board of
directors headed by the Ministry of Public Works. The
most important ones are FOVIAL, ANDA and CEPA.
The Ministry has 10 goals within the 5-year housing
plan. It is estimated that currently there is a minimum
of USD$1 million deficit for housing programs,
an area where foreign investment would be very
welcome.
Bridge building (Camarasal)
Another strategic program refers to Rural Roads.
Until now, MOP, FOVIAL, FISDL and the Ministry
of Agriculture were involved in the construction of
rural roads. Now, it is going to be unified under the
leadership of the Ministry of Public Works.
FOVIAL
The Road Maintenance Fund not only is 100% in
charge of maintenance of the road network, but also
of its construction.
Road construction includes a wide array of activities to
preserve, sustain and maintain the communication land
roads to guarantee an optimum service to the user.
Conservation comprises activities such as routine
and periodic maintenance, signaling, as well as
tasks for bridge maintenance and temporary works.
Road conservation activities are done through the
following programs:
• Routine Maintenance Program.
• Periodic Maintenance Program.
• Bridge Maintenance and Temporary Works Program.
• Signaling Maintenance and Road Safety Program.