El Zonte, a beach in El Salvador that has been renamed “Bitcoin Beach” because people there use Bitcoin, will get infrastructure improvements as part of a plan by the government of El Salvador. Surf City, which is also a beach in the La Libertad area, will also get new roads and other improvements.
El Salvador will put more than $203 million into building infrastructure for Bitcoin Beach. El Zonte, a beach in El Salvador that has been renamed “Bitcoin Beach” because people there use Bitcoin, will get infrastructure improvements as part of a plan by the government of El Salvador. Surf City, which is also a beach in the La Libertad area, will also get new roads and other improvements.
“Bitcoin Beach” will benefit from investments in infrastructure
The government of El Salvador is improving the infrastructure of Bitcoin Beach, which is in El Zonte. Because bitcoin is being used to build a circular economy in the area, the beach has become well-known. With these investments, a new set of facilities will be built so that tourists can have a better time there.
President Nayib Bukele said this about how these investments will be carried out:
El Zonte for many is known as Bitcoin Beach; we are going to fix an area of 15,000 square meters, where there will be a shopping center, parking, beach club, treatment plant, to revitalize the area.
Surf City, a beach that is also called “El Tunco,” will also benefit from these investments, which will go all the way to the La Libertad area. This is part of the second phase of the Surf City project, which aims to bring strategic changes to the area to help tourism grow.
A new set of roads will also be built in the La Libertad area to receive it easier for tourists to get to the sites. Bukele told us:
This year we will expand 21 kilometers of the coastal highway to four lanes. And we will also do it with hydraulic concrete, which is more expensive than asphalt, but lasts much longer.
The government of El Salvador will spend more than $203 million on infrastructure, including a new drainage system, bridges, and bicycle roads, among other facilities.
Bitcoin and Surf Crucial for Salvadoran Tourism
This set of investments is in line with what the government has said in the past about the effect that surf and bitcoin have had on the growth of national tourism. A recent report confirmed that El Salvador was on the list of countries whose income from tourism had already gotten back to where it was before the pandemic.
Bukele put this down to three things: the fight against gangs in the country, surf, and bitcoin. Other people who work for the government of El Salvador have also said that bitcoin has helped tourism grow this year. In April, Morena Valdez, El Salvador’s minister of tourism, said that bitcoin’s adoption as legal currency had helped the sector grow by 30%.