The initiative contemplates an investment of 1,615 million dollars to modernize the port of Acajutla and activate the port of La Unión, in an agreement with the Turkish company Yilport Holdings Inc, which would operate both facilities in a 50-year concession, as part of a mixed company with the state.

It will be a Mixed Economy Company with the state-owned Executive Port Commission (CEPA), which is defined as part of phase three of the government’s economic plan called “Logistics” and begins with the largest private investment ever made in El Salvador.

According to the video published by the president, this phase will begin at the end of 2024 with improvements in the infrastructure of the Port of Acajutla, with the acquisition of new equipment to reduce port response times, immediately, and later tripling the terminal’s capacity. Acajutla is the country’s main terminal for exports and imports.

In the case of the La Unión breakwater, just over two decades after its construction, dredging and the purchase of machinery will be carried out.

ef/jav/mem/lb