San Salvador, El Salvador – Cervecería Salvadoreña, one of the country's leading breweries, is set to invest $60 million in a new production facility, driven by the government's successful efforts to improve the business environment.
The company's president, Roberto Bueso Matheu, attributed the decision to invest in El Salvador to the government's focus on security and legal reforms. "President Bukele and his administration have done what needed to be done," Matheu said. "They've established a foundation of security and legal certainty that has made El Salvador an attractive destination for investment."
The new brewery, located in Ciudad Arce, is expected to create more than 500 direct jobs and thousands of indirect ones. It will have an initial production capacity of 300,000 hectoliters and is slated to be operational by December.
"We are very excited about this project and the opportunities it presents," Matheu added. "El Salvador is on the right track, and we're proud to be part of its growth."
The investment comes amid a broader trend of foreign direct investment into El Salvador. The government has implemented a series of reforms aimed at attracting businesses and boosting the economy. These reforms have included cracking down on gangs, streamlining regulations, and improving infrastructure.
Cervecería Salvadoreña's decision to expand its operations in El Salvador is a testament to the success of these efforts. The company plans to produce its popular Suprema and Regia brands at the new facility and eventually export them to the United States and other markets.
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