El Salvador Investment Compact
Highlights from MCC’s El Salvador Investment Compact
Richard Mora, Deputy Resident Country Director for El Salvador, gives an overview of MCC's El Salvador Investment Compact, which is designed to improve the country’s investment climate, employment opportunities and transportation infrastructure.
MCC and the Government of El Salvador signed a compact on September 30, 2014, to invest up to $277 million in regulatory reforms, education, and logistical infrastructure, with the goal of promoting economic growth and private investment in the country.
The government has committed to increase El Salvador’s productivity and competitiveness in international markets by partnering with the private sector to generate economic growth and poverty reduction in El Salvador, by addressing the institutional, human, and logistical constraints to El Salvador’s international trade in goods and services.
The Government of El Salvador has committed to contribute $88.2 million in addition to MCC’s investment, constituting a combined total of $365.2 million.
Financials
Financials as of September 30, 2018
Compact Budget
Milestones
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Signed:
September 30, 2014 -
Entry Into Force:
September 9, 2015
Compact Projects
As of September 30, 2018