El Salvador looks set to follow in the footstep of Costa Rica, as the Central American country lays a foundation stone for building a technology park to boost its digital economy.
Under construction in the outskirts of San Salvador, the tech park will have eight office buildings with a total floor space of 46,000 square meters. There will be recreational centers, bus stations, and playgrounds, according to local real estate firm Grupo Aristos.
Interestingly, all the buildings in the park will be powered by a solar farm. Once completed, the tech park will house workstations for as many as 5,000 professionals.
“We want to create a technological ecosystem that has never been seen before in the country, with corporate offices for BPOs, call centers, data centers, and software development firms.”
Meanwhile, a Costa Rican firm called Codisa has agreed to build a data center nearby the park. Estimated to cost US$30 million, the data center will carry Tier III certification from the Uptime Institute.
El Salvador, which in September adopted Bitcoin as legal tender, has also begun constructing a Bitcoin City. However, there is no information as to how the City will look like and how it will promote the use of cryptocurrency in the country.