Investment investment investor Foreign Direct Investment foreign investment cut investment Mauricio Funes Business and Investment Economics Investment increase Javier Chamorro ProNicaragua investment risk Adolfo Facussé Aristides Hernández

Investment Down 17% in El Salvador

This was stated by The National Development Foundation during the forum “Analysis of the country’s economic situation and its perspectives”.

Friday, May 28, 2010

©image: Steve Conover

Forum participants are discussing the economic situation of the country, after one year of having president Mauricio Funes in charge.

“The international economic crisis, the possible impact of the European crisis on Latin America, and the ineffectual anti crisis plan launched by the government are some of the reasons behind the low confidence of investors”, reported Elsalvador.com.

Source: elsalvador.com

Key entities

Mauricio Funes Salvadorean Banking Association Fundación Nacional para el Desarrollo (El Salvador)

Countries

El Salvador

Insight

investor Investment investment cut investment Foreign Direct Investment Economics

Foreign Investment Drops 26% in Panama

March 2010

In 2009, Foreign Direct Investment (FDI) was $1.77 billion, 26.2% less than in 2008, when the country received $2.4 billion.

Experts agree that the world economic crisis had strong negative effects on the country, especially in banking and the Colon Free Zone.

“Aristides Hernández, from consulting firm BDO, considers that FDI volume in 2009 was not that bad, considering the crisis and that the historic average has been less than $1 billion per year”, reported Laestrella.com.pa.

El Salvador: $ 2,000 Million Investment Frozen

November 2010

At least seven projects are stalled, waiting for the country's situation to improve.

Newspaper elsalvador.com detailed major investment projects which are on stand-by in El Salvador:
- Cutuco Energy and AES Fonseca (energy, $ 1,630 million)
- Porto Pango (tourism, $ 300 million)

Financial crisis affects investment in Guatemala

October 2008

Foreign companies delay their investements in Guatemala because of financing difficulties.

The global financial crisis is affecting Guatemala, foreign direct investment has diminished due to the unavailability of credit, and several companies are delaying their plans for investing in the country.

Brazil and El Salvador Analyze Investment Opportunities

March 2010

Businessmen from both countries met to explore joint investment opportunities.

The event saw the participation of presidents Lula da Silva and Mauricio Funes, as well as several business chambers. The chambers remarked Brazil’s willingness of providing credit for productive projects.

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