Port deal will boost Salvadoran infrastructure plans
Significance Bukele claims the deal is the largest private investment in Salvadoran history. It forms part of his plan to boost the country’s logistical capacity and drive economic growth. Yilport aims to position El Salvador as a gateway to Central America and link it with a planned dry canal across Honduras. Impacts The ports will boost economic activity in surrounding areas, both directly and indirectly. Interest in the development of the Gulf of Fonseca as an industrial centre will grow. The illegal transportation of drugs and precursor chemicals through the ports will increase as container capacity rises.
Publication Details
- Journal
- Emerald expert briefings
- Published
- 2024-10-14
- DOI
- https://doi.org/10.1108/oxan-db290277
- Primary Topic
- Economic Zones and Regional Development
- Type
- article