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PROESA Launches El Salvador Works

Proesa Launches"El Salvador Works"PROESA, El Salvadors investment promotion agency, has launched El Salvador Works, a campaign to attract foreign investors in the manufacturing, textiles and apparel, agribusiness, call center and electronics sectors.International companies such as Sara Lee Corp., Fruit of the Loom, Grupo Calvo, Telefa de Esapa44; AES, and France Telecom already have invested more than $500 million dollars in El Salvador in the last two years. Fifteen percent of the countrys total employment is a result of foreign investments such as these, with the United States accounting for approximately 60 percent of these investments.Referring to a recent visit to El Salvador, David F. Dyer, president andCEO, Lands End, Dodgeville, Wis., said,We came we saw and we were very impressed. We found a very favorable business environment, good infrastructure, high-quality factories and, most important, wonderful people. August 2002




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