Non-refundable cooperation includes the purchase of 30 vehicles to reduce food deterioration time.
The Central American Bank for Economic Integration (BCIE) approved the delivery of a donation of $725 thousand to promote the supply and agromarket plants created by the Salvadoran government.
According to the institution, the amount includes a non-reimbursable fund “which seeks to strengthen the supply chain of domestic products to facilitate its marketing.”
The BCIE will also develop, together with the Ministry of Agriculture and Livestock of El Salvador (MAG), a logistics chain that will be responsible for bringing food from producing families to points of sale.
Within the amount the government will also be able to purchase vehicles to transport the products in a way “maintaining their freshness and quality” by reducing their deterioration time, according to the entity.
“With the resources granted by the BCIE, a vehicle fleet of about 30 units will be made available that will allow the transfer of the products in a more agile, efficient, safe and direct way, reducing the losses of post-harvest and intermediaries,” said the BCIE on its website.
The financial institution said that this investment in logistics will reduce costs for Salvadorans who buy in supply and agromarket plants.
“With this non-reimbursable financial cooperation, the BCIE reaffirms its commitment to the sustainable development of El Salvador, contributing to the revitalization of local economies and betting on the well-being of the population.”
BCIE on its website
This article has been translated after first appearing in Diario El Mundo