Being aware of the lack of public investment funds and the need for better infrastructure to encourage the local business environment, the government in El Salvador supports PPPs. In June 2013, the legislative assembly passed the “Ley Especial de Asocio Público-Privados”, the Special Law on PPPs, which provides a framework for PPPs and designated the national investment promotion agency, Agencia de Promoción de Exportaciones e Inversiones de El Salvador (PROESA), to develop and promote PPPs. Additionally, the law asks for potential PPPs to involve a minimum investment of US$10m and secure the approval of the legislature before proceeding.
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