Goal 2: Reduce firms costs due to infrastructure to improve their competitiveness. On Track The Salvadoran Port Authority (CEPA) became the first governmental institution to perform a securitization, which raised $58 million to finance the rehabilitation, modernization, and optimization project at the Comalapa International Airport. Concessions were completed for various projects. The US. Treasury Department provided support and risk-management training to CEPA through its Office of Technical Assistance (OTA). The USG Department of Commerce provided technical assistance on industry best practices in support of electricity regulator SIGET’s management of the 350 MW energy contracts solicitation. The National Energy Council (CNE) continued working on the implementation of the regulatory framework for renewal energies, and the President of the Republic signed an agreement to reform the General Electricity Regulations for the implementation of bidding processes for the acquisition of small-scale renewable energy contracts that connect directly to the distribution network so as not to be sold on the Wholesale Electricity Market. The CNE and SIGET announced the first public tender for long-term contracts for the supply of 15 MW of non-conventional renewable energy. (Note On May 23, the National Assembly passed legislation concerning public-private partnerships.)The first
11 indicator for this goal is investment (public and private) in infrastructure as percent of GDP, which remained at 6.1% for the years 2011-2012. (This calculation is based on data from public and private construction of the gross fixed capital formation. The second indicator, the Global Competitiveness infrastructure index, remains at the position reported in the previous Scorecard 72 out of 144, since the new 2013-2014 report is not yet available.