Plaza Mundo Usulután opens its doors today with an investment of $52 million

by times news cr

2024-09-05 05:03:28

Grupo Agrisal inaugurates this Wednesday Plaza Mundo Usulután, its new venture for the east, which represents an investment of $52 million. The shopping center, which has 184 stores and a theater, officially opens to the public with 100% occupancy, offering a wide variety of options in restaurants, stores, supermarkets and services to the inhabitants of the east of the country and tourists.

Eduardo Quiñonez, president of Grupo Agrisal, said that the space, which has 21,000 square meters of rentable area and 60,000 square meters of construction, is projected as a new attraction that will add to the development experienced by the departments in the eastern zone.

This is the first foray of the Agrisal Group into the eastern sector of shopping centers, thereby fulfilling the objective of decentralizing its investments in the country, but also reaffirming its intention to concentrate its efforts in El Salvador.

“All the market studies we conducted throughout the country indicate that the east requires greater investment. It is a very commercial area and one of the most important for receiving remittances,” he said.

According to Quiñóñez, this decision is due to the fact that they perceive that El Salvador “is going in the right direction.” With both physical and legal security, the businessman believes that there is “a good business climate that is favorable for making investments.”

The president of Grupo Agrisal highlighted the support they have received from the Government of President Nayib Bukele in facilitating the procedures to complete their investments. Thanks to this support, Plaza Mundo Usulután “has been the most agile project” they have executed.

“It has been extremely agile, it is the most agile project we have seen, not only here, but on a regional scale; this mall in Usulután took us a year in terms of permits and preparation. In comparison, Plaza Mundo Apopa took us several years and in terms of permits it was a real challenge; it took us about three and a half years, from when we started planning until it was built,” he said.

You may also like

Leave a Comment