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The Study on Economic
Development, |
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Objectives of the Study
Objectives
Objectives
Based on the scope of work for the Study agreed between Comisión Nacional de Desarollo (CND) of the Government of the Republic of El Salvador and Japan International Cooperation Agency (JICA), the official agency responsible for the implementation of technical cooperation under the official development aid program of the Government of Japan, the objectives of the Study are as follows:
(1) To formulate a master plan for the balanced economic development of El Salvador aiming at strengthening the competitiveness of El Salvador through promoting export and foreign direct investment and developing the Eastern Region of the Country; and
(2) To enhance the capacity of the national and regional counterparts to promote and lead the economic development, assuring the ownership by the Government of El Salvador in the implementation of the master plan.
Key Issues
The master plan formulated through the Study attempts to provide answers for the following key issues related to the economic development of El Salvador, development of the Eastern Region, and utilization of the La Union port.
(i) What functions and facilities should the La Union port be equipped with for the port to serve Central America, and what infrastructure and institutional measures would support such functions?
(ii) How should the Eastern Region be developed by utilizing the La Union port effectively, and what conditions would ensure complementary development of indigenous and/or export-oriented industries in the Eastern Region and the functions/facilities of the La Union port?
(iii) What kind of products and industries should be attracted to El Salvador in order to establish comparative advantage against other countries in Central America within the context of globalizing economy, and what measures would be effective in attracting them?
(iv) What kind of central functions may be established, capitalizing on its strategic location in Central America and the La Union port, for El Salvador to enhance its international status in relation particularly to Asia?