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Investment & Legal Framework
AGENCIA DE PROMOCIÓN DE INVERSIÓN
DE EL SALVADOR (PROESA) - INVESTMENT
PROMOTION AGENCY OF EL SALVADOR
Engineer Luis Enrique Córdova
Executive Director
Edificio D’Cora, Primer Nivel, Blvd. Orden de Malta
Urbanización Santa Elena, La Libertad
Tel: (+503) 2210 2500 - Fax: (+503) 2210 2500
info@proesa.com.sv | www.proesa.com.sv
Activity: Promotion of El Salvador
Creation Date: 2000
PROESA, the Investment Promotion Agency of El
Salvador is the government entity directly in charge
of promoting foreign investment in El Salvador. It
was created by Presidential decree in 2000; its main
objective is to create employment through direct
foreign investment. PROESA focuses on attracting
sectors such as Textile, Tourism, Manufacturing
of Electronic Products, Aerospace-Aeronautics
Industry, Medical, Agro- industry and Call Centres.
PROESA has attracted and facilitated the
establishment of 105 new companies and 63
expansions making a total of 168 projects. Also,
56 contracts were worked on; this translated into
over 100,000 new jobs (36,010 direct jobs and
70,234 indirect jobs) generating $1,048 millionUSD
of investment. It is a specialized institution that
promotes El Salvador outside of the country and
provides a variety of information and technical
support to potential investors in order to establish
themselves and expand their operation successfully
in Salvadoran territory.
PROESA provides assistance as follows:
Provide extensive information on investment
opportunities in El Salvador in specific areas of the
Salvadoran economy; information according to the
requirements of potential investors and practical
advice as to how to proceed on establishing oneself
as a private entity or corporation in El Salvador.;
First level advisors with much experience doing
business in El Salvador in the areas that PROESA
promotes.; Planning of relevant contact meetings
with government officials, entrepreneurial leaders,
law firms, established investors, recruiters and
others.; Assistance arranging visits to potential sites
where investors wish to establish themselves.
Our goal is that investors establish themselves in
a minimum amount of time and that they remain
permanently in the country. This is why PROESA
has established an Investor’s Care Department
(Aftercare) that in addition to assisting in the initial
establishment process, works as a liaison for their
later needs. This department also transfers the
investor’s needs to the corresponding politicians
to improve the business environment in general. A
satisfied investor is the best promoter of the country.
The mission is to generate employment and the
transfer of technology in strategic areas by attracting
foreign investment and keeping them permanently
in order to contribute to the economic and social
development of El Salvador.
The vision is to be the best Promoter of Investment
agency of the region; to be at the forefront of foreign
commerce and investment trends; to be highly
linked to the private and government sectors that
recommend and provoke changes in the national
environment.
“El Salvador and Central America are territories with
great possibilities and a promising future. We wish
to be part of the investor’s plans to become part
of its development. On behalf of the Consortium
family of Central American Lawyers I thank the faith
entrusted to us and I invite you to count on us.
We invite the entrepreneurs to establish themselves
in El Salvador.That is the central country of the
region, with basic infrastructure facilitating
investment. There is respect of the rules of the
game and private enterprise. There are incentive
laws to attract and strengthen foreign investment
thus resulting in many business opportunities such
as tourism, auto parts and maquila.”
Lic. Aquiles Delgado,
President Consortium El Salvador
FUNDACIÓN SALVADOREÑA PARA EL
DESARROLLO ECONÓMICO Y SOCIAL
(FUSADES) – SALVADOREAN FOUNDATION
FOR SOCIAL AND ECONOMIC DEVELOPMENT
Lic. Emma Arauz
Director of the Promotion Program for Investment
and Export Diversification (PRIDEX)
Edificio FUSADES, Blvd. y Urbanización Santa
Elena, Antiguo Cuscatlán, La Libertad
Tel: (+503) 2248 5600 / 5661
Fax: (+503) 2248 5668
earauz@fusades.org
www.fusades.org / www.epridex.org /
www.centroamericaenvivo.com