El Salvador prepares submarine cable

by times news cr

2024-07-24 06:48:57

The Development Bank of Latin America (CAF) yesterday approved two credits for 465 million dollars for The Savior destined to build an airport and lay an underwater internet cable, the entity and the president reported. Nayib Bukele.

According to a statement from the CAF“two operations are approved that will boost El Salvador’s air and digital connectivity.”

The airport will be built in the eastern part of the country with a loan of 320 million Dollars under a program called “El Salvador Vuela,” the bank said. “The new ‘Pacific Airport‘ and an independent submarine internet cable,” he said. Bukele on social media.

The new air terminal will be built near the place where the government plans to build the “Bitcoin City”, the first cryptocurrency city, on the slopes of the volcano Conchaguanear the Gulf of Fonseca.

Part of the credit will also be used for the “modernization” another airport and the construction of an airfield. A second loan of 145 million dollars will be for the submarine cable.

2024-07-24 06:48:57

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