Sika AG is establishing its 99th national subsidiary in El Salvador, Central America. The company will thus be represented by its own sales and distribution organization in the smallest Central American country – which, however, has the highest population density and over 6 million inhabitants.
Construction industry with high potential
Owing to high demand for infrastructure, the outlook for the construction industry in El Salvador is promising. According to forecasts, growth should amount to 5 percent in 2017. Growth drivers include infrastructure investments with a total volume of $3 billion. Investments will focus on seaport installations, energy infrastructure and tourism. In the current year, public investments of more than $400 million will be made in tourism projects alone.
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