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Real Estate and Construction
Modern buildings have been built in San Salvador
as the modernization of the check-in sector and
other airport areas.
Millenium Challenge Account – Fomilenio
Cuenta del Reto del Milenio or Milennium Challenge
Account (MCA) is a U.S. Government initiative
whose objective is to support the development of
countries that govern with justice, invest in their
people and promote economic freedom. It was
signed in November 2006, became effective in 2007
and is on for 5 years for the amount of USD$46.1
million.
El Salvador proposed the Millennium Challenge
Corporation, MCC, a program named FOMILENIO,
whose objective is to reduce poverty and reach
economic growth through activities focused on the
North Zone of the country. The proposal has three
big components:
1. Human Development Component, which includes
two aspects: to increase capabilities and skills
through formal and informal education and to
increase access to basic social infrastructure.
2. Productive Development Component, which
includes service and specialized technical assistance
programs for entrepreneurial development,
infrastructure and productive equipment and
Ilopango airport during an air show
MAIN PUBLIC WORKS
COMPANIES AND INSTITUTIONS
ADMINISTRACIÓN NACIONAL DE
ACUEDUCTOS Y ALCANTARILLADOS (ANDA)
– NATIONAL ADMINISTRATION OF AQUEDUCT
AND SEWER SYSTEM
Engineer Francisco José Gómez
President
Blvd. El Hipódromo 609, Col. San Benito,
San Salvador
Tel: (+503) 2247 2574
investment and credit programs focused on
establishing productive chains.
3. Road Linkage Component, which includes the
construction of the North Longitudinal Highway and
a network of structural cohesion.
El Salvador Infrastructure Objectives
The country´s national objective is to become a
logistic service and distribution center. Besides, it
counts on ports with the potential of converting the
country into a regional transfer hub.
Factors that help obtaining the objectives are
high energy, demand for productivity, its strategic
location to access markets from Asia, Europe
and the Americas and the fact that is integrated
into the multimodal transportation network of the
Central America bio-oceanic corridor, having a legal
framework guaranteeing incentives for investment
(Investment Law and International Service Law).