El Salvador will invest $203 million to build the infrastructure for Bitcoin Beach

Chaincatcher news, Salvadoran President Nayib Bukele stated that the government will invest over $203 million in infrastructure development for El Zonte Bitcoin Beach, including new drainage systems, bridges, and bike paths. The Salvadoran government believes that Bitcoin is crucial for the growth of the country's tourism industry, which has now recovered to pre-pandemic revenue levels.

According to previous reports, on January 17, El Salvador will develop El Zonte Bitcoin Beach to make it a global surfing and tourism destination. It is reported that tourists and businesses in the area have established a circular economy using Bitcoin. (Bitcoin.com)