A bridge to the fu­ture

Los Angeles Times - - EL SALVADOR -

The build­ing sec­tor, in­fra­struc­ture and in­dus­try is of vi­tal im­por­tance in a de­vel­op­ing coun­try such as the Re­pub­lic of El Salvador, is the rock on which will be sus­tained the fu­ture eco­nomic de­vel­op­ment. In that sense we high­light two of the most im­por­tant projects to be un­der­taken such as the Port, which un­der the Gov­ern­ment’s vi­sion, want to cre­ate a cen­ter for sus­tain­able de­vel­op­ment in the area of in­flu­ence of the Port. The other ma­jor pro­ject is the Air­port. With the mod­ern­iza­tion of the Bishop El Salvador In­ter­na­tional Air­port, with in­vest­ments of over USD 500 mil­lion pro­jected un­til 2024. Another ma­jor pil­lars of the econ­omy is the con­struc­tion sec­tor which con­trib­utes be­tween 40% and 43% of na­tional in­vest­ment, this is a key sec­tor for the econ­omy by pro­vid­ing in­vest­ment es­pe­cially when public poli­cies ex­ist. Ex­ces­sive bu­reau­cracy, which is ex­pected to de­crease with the im­ple­men­ta­tion of the Act for Stream­lin­ing Per­mits and Build­ing Con­struc­tion al­low­ing po­ten­ti­ate the abil­ity to en­er­gize. The gov­ern­ment has com­mit­ted an in­vest­ment of USD 1.5 bil­lion thanks to the “sim­pli­fi­ca­tion of pro­ce­dures” agreed with the busi­ness peo­ple. This agree­ment will in­volve the cre­ation of 90,000 di­rect em­ploy­ees. And the con­struc­tion sec­tor will have a new po­si­tion in re­la­tion to GDP will be 4.5%. In or­der to or­ga­nize the in­fra­struc­ture sec­tor we have the Min­istry of Public Works, who within its or­ga­ni­za­tion has three deputy min­is­ters; Trans­porta­tion in­clud­ing air trans­porta­tion, land and mar­itime trans­port; Hous­ing and Ur­ban De­vel­op­ment and Public Works, Min­is­ter of Public Works, Trans­porta­tion and Hous­ing Ger­son Martinez, tells us about the vi­sion of El Salvador and its pro­jec­tion:“El Salvador has been for a long time one of the most open economies in Latin Amer­ica and it still is. The coun­try has a con­sen­sus, has unan­i­mously, have pre­dictabil­ity in that mat­ter. We had right-wing gov­ern­ments which kept an open econ­omy and we are the sec­ond left-wing gov­ern­ment that main­tains the same di­rec­tion. The coun­try grows slowly, has to take a turn in the pro­duc­tiv­ity of all fac­tors, the pro­duc­tiv­ity of cap­i­tal, la­bor and public ad­min­is­tra­tion. This is the cen­ter of the eco­nomic ef­fort of this gov­ern­ment.“

El Salvador has one of the best in­fra­struc­tures com­pared to other coun­tries of Cen­tral Amer­ica. Its ge­o­graph­i­cal lo­ca­tion (close to the US) seeks to cap­i­tal­ize on its strength as a lo­gis­tics hub, through trade lib­er­al­iza­tion, mar­itime con­nec­tiv­ity, tax in­cen­tives and ex­cel­lent air and road con­nec­tiv­ity.

The coun­try is de­vel­op­ing its lo­gis­ti­cal ca­pa­bil­i­ties and seek­ing to at­tract in­vest­ments fo­cused on im­prov­ing ef­fi­ciency in the charge dis­tri­bu­tion via var­i­ous in­fra­struc­tures (con­tainer ter­mi­nal, mod­ern­iza­tion of air­ports) and oper­a­tions (modes of trans­port and equip­ment) .The Sal­vado­ran gov­ern­ment is rais­ing you have to build unique cus­toms, unique steps, to sep­a­rate flows of ex­port im­port to thereby gain agility and what once took 7-8 hours can be made in 30 min­utes. The speed in cus­toms pro­ce­dures is vi­tal for the area, as it is to speed up the knots in metropoli­tan cities, also prob­lem of re­gional na­ture and that in­creases lo­gis­tics costs and there­fore away from the area as nec­es­sary com­pet­i­tive­ness. As for the cor­rup­tion in public works, once in­sti­tu­tion­al­ized, this min­istry is strongly com­mit­ted to pro­mot­ing full trans­parency in their speeches, ask­ing to cre­ate a Trans­parency In­ter­na­tional Na­tional ob­ser­va­tory Of Public Works:

“We want to leave a legacy sim­pli­fi­ca­tion of bu­reau­cratic pro­ce­dures to ex­pe­dite pri­vate in­vest­ment and the Min­istry in­tro­duced a law to sim­plify pro­ce­dures. We want the pa­per­work to be friendly to pri­vate in­vest­ment.” Con­cludes the Min­is­ter Ger­son Martinez.

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