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Yilport is investing $1.6 billion to develop and upgrade two ports in El Salvador.

Yilport is investing $1.6 billion to develop and upgrade two ports in El Salvador.
blog image
Maritime

Yilport is investing $1.6 billion to develop and upgrade two ports in El Salvador.

Turkish port operator Yilport Holding has announced plans to invest $1.62 billion in the expansion of two major ports in El Salvador. This investment represents the largest private investment ever made in the country’s port infrastructure. The planned expansion will involve significant upgrades to both ports, aiming to enhance their capacity, efficiency, and overall functionality. At the Port of Acajutla, they’ll triple its capacity with new facilities and better equipment. Meanwhile, the Port of La Unión, which was finished back in 2008 but has been closed since, will get a major makeover with dredging and significant improvements. This deal will be the biggest private investment ever in El Salvador. This huge boost is set to transform the ports, enhance trade, and create a lot of new jobs.  


16 Aug 24
blog image
Maritime

Yilport is investing $1.6 billion to develop and upgrade two ports in El Salvador.

Turkish port operator Yilport Holding has announced plans to invest $1.62 billion in the expansion of two major ports in El Salvador. This investment represents the largest private investment ever made in the country’s port infrastructure. The planned expansion will involve significant upgrades to both ports, aiming to enhance their capacity, efficiency, and overall functionality. At the Port of Acajutla, they’ll triple its capacity with new facilities and better equipment. Meanwhile, the Port of La Unión, which was finished back in 2008 but has been closed since, will get a major makeover with dredging and significant improvements. This deal will be the biggest private investment ever in El Salvador. This huge boost is set to transform the ports, enhance trade, and create a lot of new jobs.  


16 Aug 24
blog image
Maritime

Yilport is investing $1.6 billion to develop and upgrade two ports in El Salvador.

Turkish port operator Yilport Holding has announced plans to invest $1.62 billion in the expansion of two major ports in El Salvador. This investment represents the largest private investment ever made in the country’s port infrastructure. The planned expansion will involve significant upgrades to both ports, aiming to enhance their capacity, efficiency, and overall functionality. At the Port of Acajutla, they’ll triple its capacity with new facilities and better equipment. Meanwhile, the Port of La Unión, which was finished back in 2008 but has been closed since, will get a major makeover with dredging and significant improvements. This deal will be the biggest private investment ever in El Salvador. This huge boost is set to transform the ports, enhance trade, and create a lot of new jobs.  


16 Aug 24