CABEI and OPEC Fund strengthen strategic alliance to promote development projects in El Salvador

San Salvador, 13 October 2025. - As part of the strengthening of the strategic alliance between the Central American Bank for Economic Integration (CABEI) and the OPEC Fund to promote sustainable development in El Salvador, an official mission was carried out from October 8 to 10. The agenda, organized in collaboration with CABEI, prioritized the Surf City Phase II Program, in addition to exploring a multi-year financing package.

During the mission, Alejandro Zelaya, El Salvador's director to CABEI, together with the Bank's team, held strategic meetings with members of the government cabinet to consolidate the partnership in key areas of the country's economic and social development. He also participated in a hearing with the President of the Republic, Nayib Bukele, a meeting that reaffirms the establishment of strategic and lasting relationships to contribute to sustainable development.

The meeting with the Ministry of Finance analyzed the prospects for strategic cooperation, financial conditions, national investment priorities, and the country partnership strategy. This meeting included the signing of the loan agreement between the OPEC Fund and the Republic of El Salvador to partially finance the Surf City Program - Phase II.

The meeting with the Ministry of Public Works and Transportation addressed the national infrastructure strategy and the prospects for the Surf City Program - Phase II, while the meeting with the Ministry of Tourism focused on the sector's growth potential and opportunities for collaboration.

The meeting with the Ministry of Health also explored opportunities for cooperation on health sector projects, expanding the scope of assistance to areas of direct social impact.

As part of the mission, a technical visit was made to the Surf City Project, touring sections of the highway, the El Tunco pumping station, and the wastewater treatment plant. This inspection made it possible to verify the area of intervention of the works and the impact of investments in tourism and environmental infrastructure in the coastal zone.

This official visit consolidated the strategic alliance between CABEI and OPEC Fund, institutions that work together to catalyze investments, reaffirming their shared commitment to the sustainable development of El Salvador.