The Caribbean Council was pleased to host an insightful members-only online event with Invest in El Salvador, presented by Beatriz Marquez Garcia.
The presentation explored why El Salvador is increasingly becoming attractive to global investors and how Invest in El Salvador can support potential UK investors and exporters across a wide range of sectors, including, aeronautics, food and beverages, Bitcoin and digital assets, software development and digital content, electrical equipment and auto parts, pharmaceutical and medical devices, and tourism infrastructure.
The restoration of public security has led to private investment flows into the country increasing to U$7.5bn in 2023 with a 17% year on year increase in tourism with international visitors up to 3.9m in 2024. The IMF forecasts growth in 2025 to be 3% with inflation kept at 1.9%.
In the last 18 months, sovereign ratings agencies have all upgraded El Salvador’s risk rating as follows:
1. Fitch Ratings: B- with a stable outlook (upgraded in January 2025)
2. Moody’s: B3 with a stable outlook (upgraded in November 2024)
3. Standard & Poor’s (S&P): B- with a stable outlook (upgraded in September 2023)
Key highlights included:
- Priority investments in transport infrastructure especially in airports and ports
- A comprehensive presentation on the Salvadoran market and reasons for investing in El Salvador
- Discussions on the investment tax framework and the growing industries in El Salvador
- Expansion of the education sector and new scholarships scheme for all high school graduates
- Future initiatives and developments regarding Salvadoran public security
We would like to extend our appreciation to Beatriz and El Salvador and our joining members. If you would like to find out more about this presentation, please contact us on team@caribbean-council.org
Invest in El Salvador: https://investinelsalvador.gob.sv
