SPIEF 2024
The 2024 edition of the St Petersburg International Economic Forum (SPIEF) takes place from June 5 to 8. The theme of this year's event is “The foundation of a multipolar world - forming new points of growth”.

Salvador Calls on Russia Into Invest in Central America, Country's Vice President Says

ST. PETERSBURG, Russia (Sputnik) - Salvador calls on Russia to invest in infrastructure projects in the country and in the Central American region in general, Salvadoran Vice President Felix Ulloa told Sputnik.
Sputnik
“Central America, and Salvador [in particular], is the zone of prosperity and potential development. Our regional development agenda relies on an attractive [project] portfolio for international investors. And here Russia can have a window of opportunities to invest in the region,” the vice president said on the sidelines of the St. Petersburg International Economic Forum (SPIEF) in Russia.
The Salvadoran authorities have an over $50 billion plan for uniting the region through the construction of 180,000 kilometers (111,000 miles) of "roads and railways, airports and ports," Ulloa said.
“This is a region for investment. And with the security level which Salvador achieved combating organized criminal activity, Central America is turning into an attractive investment environment,” the politician said.
During his second term, Salvadoran President Nayib Bukele aims to focus on economic development and infrastructure projects, Ulloa said.
The Russian city of St. Petersburg hosted the 27th edition of SPIEF from June 5-8. It drew over 21,000 participants from 139 countries and saw the signing of more than 980 agreements.