Development of El Salvador's North

©image: FOMILENIO

In addition to the construction of a highway, Fomilenio (Millenium Fund), has $87 million to be executed before September 2012, aimed to fostering human development and production in the northern region of El Salvador.

"... from the assigned funds, $57 million will be headed to production services and businesses, technical assistance, donations, irrigation systems and training", said Ricardo Orellana, projects manager at Fomilenio. "21 additional millions will be used in financial services, like the creation of Fidenorte, the Northern Zone Development Trust".

Source: elsalvador.com

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