Financing for private sector-led projects in El Salvador
By Eproint
The United States launched the next chapter of the Call to Action for Northern Central America program by announcing broader goals that include a series of new U.S. government commitments to complement and support private sector investments in El Salvador, Guatemala, and Honduras:
-A new U.S. Government Northern Central America Investment Facilitation Team, which will support clean energy infrastructure development, facilitate private sector operations, and promote sustainable economic development in the region.
-Increased access to U.S. International Development Finance Corporation (DFC) financing for private sector-led projects in Northern Central America, with a focus on enhancing economic opportunities for underserved communities where financing can have the highest development and migration reduction impacts.
-USAID workforce development programs to train youth in skills demanded by the private sector and provide for the workforce development needs of the future.
-A Business-Enabling Environment Action Plan, which will leverage new private sector investments to promote anti-corruption, good governance, and labor compliance while fostering a healthy investment climate.
-Access to Capital: Construct a $75 million debt fund to provide loans to small- and medium-sized businesses, with a primary focus on women-owned businesses, by 2027.
To date, the Call to Action and the Partnership for Central America (PCA) have galvanized more than $4.2 billion in private sector commitments.