Region: Latin America and Caribbean (LAC)
Country: El Salvador
Keywords: Knowledge Lab ***, Procurement
Document(s):
- El Salvador: Trade Inspections821.25 KB
Document Summary:
This series showcases how the World Bank Group supports the development and implementation of public-private partnerships. This support comes in the form of public sector loans, private sector finance, sector and transaction advice, guarantees, and output-based aid.
Document Details:
The Government of El Salvador has procured a ten-year import, export, and transit verification project. The procurement arrangement is governed by a Concession Contract for Goods Inspections Services through the Use of Non-Intrusive Equipment and Services. The project will add transparency, reduce processing times and paperwork, and enhance the accuracy of customs valuation and duty procedures.
MIGA is supporting Cotecna S.A. of Switzerland (COSA) shareholder loan to Cotecna de El Salvador S.A. de C.V. MIGA’s guarantees will help facilitate trade, boost government revenues, and support the creation of local jobs.
Updated: April 12, 2022