El Salvador Secures $1.6B for Bitcoin City Port Transformation
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- El Salvador secures historic $1.6B investment for port upgrades, including the future Bitcoin City’s location.
- Turkish company Yilport Holdings to lead the modernization efforts.
- President Bukele hails the investment as a boost for economic growth and job creation.
El Salvador has secured a historic $1.6 billion investment from Turkish company Yilport Holdings to transform a key port into the future home of its ambitious Bitcoin City project. This landmark deal, announced by President Nayib Bukele, marks the largest private investment in the nation’s history and will see Yilport spearhead the modernization of two critical ports.
Ülkemizin tarihindeki en büyük özel yatırım
— Nayib Bukele (@nayibbukele) August 12, 2024pic.twitter.com/2cmn8T3g5p
The investment marks the third phase of El Salvador’s economic development program, aimed at boosting trade opportunities in the Central American country. Yilport Holdings will upgrade two ports: Acajutla and La Unión. The latter is slated to become the home of the much-anticipated Bitcoin City.
Modernizing Acajutla is a significant step toward bolstering El Salvador’s economic and infrastructure growth. …
The post El Salvador Secures $1.6B for Bitcoin City Port Transformation appeared first on Coin Edition.
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El Salvador Secures $1.6B for Bitcoin City Port Transformation
Share:
- El Salvador secures historic $1.6B investment for port upgrades, including the future Bitcoin City’s location.
- Turkish company Yilport Holdings to lead the modernization efforts.
- President Bukele hails the investment as a boost for economic growth and job creation.
El Salvador has secured a historic $1.6 billion investment from Turkish company Yilport Holdings to transform a key port into the future home of its ambitious Bitcoin City project. This landmark deal, announced by President Nayib Bukele, marks the largest private investment in the nation’s history and will see Yilport spearhead the modernization of two critical ports.
Ülkemizin tarihindeki en büyük özel yatırım
— Nayib Bukele (@nayibbukele) August 12, 2024
The investment marks the third phase of El Salvador’s economic development program, aimed at boosting trade opportunities in the Central American country. Yilport Holdings will upgrade two ports: Acajutla and La Unión. The latter is slated to become the home of the much-anticipated Bitcoin City.
Modernizing Acajutla is a significant step toward bolstering El Salvador’s economic and infrastructure growth. …
The post El Salvador Secures $1.6B for Bitcoin City Port Transformation appeared first on Coin Edition.
In This News
Coins
$ 91.85K
+1.63%$ 0.0161
+1.43%$ 0.00...361
$ 0.000207
$ 1.15
Share:
In This News
Coins
$ 91.85K
+1.63%$ 0.0161
+1.43%$ 0.00...361
$ 0.000207
$ 1.15
Share:
Read More
Is a $50,000 Bitcoin Crash Coming? Analysts Think So—Here’s Why