The idea of Bitcoin Beach, which emerged after the adoption of Bitcoin as the local currency in El Salvador, will receive $ 200 million in infrastructure investment.
The area is gaining iconic status, given the beach’s adoption of Bitcoin (BTC) to foster a circular economy in the area.
Bitcoin Beach To Get Infrastructure Investment As Part Of A Strategic Plan
Bitcoin Beach is in a critical location for El Salvador. It was stated that the infrastructure investment of 200 million dollars will go to the construction of new facilities to improve the holiday experience of the tourists.
Chairman Nayib Bukele made the following statement regarding the realization of these investments:
“We will use the 15,000 square foot area of El Zonte, known as Bitcoin Beach, to revitalize it. There will be a shopping center, parking lot, beach club and treatment facility.”
In addition to the La Libertad area, Surf City beach, commonly known as El Tunco, will also benefit from these renovations. El Salvador’s president, Nayib Bukele, said the investment, which includes bike lanes, a new drainage system, pedestrian crossings and 14 bridges, is more than $203 million.
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