CABEI delivers the Master Plan, which is expected to improve the Trifinio Region's economy, to the authorities of El Salvador, Guatemala and Honduras
The initiative will have a positive impact on almost one million people in the territory, which measures some 7,541 square kilometers.
San Salvador, March 18th, 2022.- As a management tool to detonate the productive potential and attract investment for the Trifinio Region, shared by the Republics of El Salvador, Guatemala and Honduras, this Friday authorities of the three countries received the Central American Bank for Economic Integration's (CABEI) Master Plan, which is expected to generate opportunities that will help improve the quality of life of almost one million inhabitants of the area.
The proposal, promoted by the Tri-national Trifinio Plan Commission (CTPT) with CABEI support, proposes a long-term strategic vision with economic investment projects and a focus on environmental sustainability to be developed between 2022 and 2052 in the 45 municipalities that make up the zone (8 in El Salvador, 15 in Guatemala and 22 in Honduras).
The presentation event was attended by CABEI Executive President, Dr. Dante Mossi; the Vice Presidents of the Republics of El Salvador and Guatemala, Mr. Félix Ulloa and Mr. Guillermo Castillo; the Presidential Designate of the Republic of Honduras, Mrs. Doris Gutiérrez; and the Trifinio Plan's Tri-national Executive Secretary, Cristian Acosta.
"The execution of this plan will generate a favorable business climate for the region, with incentives that will attract national and international investment which, in turn, will translate into employment opportunities; the seven projects initially prioritized will generate 2,070 direct jobs and 5,650 indirect jobs," said CABEI Executive President, Dr. Dante Mossi.
The process for the development of the plan began in 2017 based on the Joint Declaration of Agreements by the vice presidents of El Salvador, Guatemala and the Honduran presidential appointee.
Subsequently, a multidisciplinary team was formed to design a methodology for approaching the Master Plan and, in a second phase, technical and financial support was requested from CABEI, which hired a renowned consulting firm to conduct an urban survey, a broad territorial diagnosis and, based on the results, supported the definition of the Master Plan, which consisted of eight important documents that finally resulted in the Master Plan Summary Book for the Trifinio Region.
A very important aspect is that we now have a planning instrument and strategic vision to guide interventions in the territory, as well as a diagnosis and baseline that have made it possible to identify the development gaps between the three countries, which will make it possible to quantify and qualify progress through activities, programs and projects.
The plan will contribute to sustainable human development in the Trifinio Region in harmony with nature and within the framework of a participatory model of tri-national integration that, in turn, contributes to the fulfillment of the Sustainable Development Goals (SDGs), the pillars of the Central American Integration System (SICA), the Central American Strategy for Territorial Development (ECADERT) and the Trifinio Plan Strategy.