{"id":135385,"date":"2024-08-13T00:03:19","date_gmt":"2024-08-12T21:03:19","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135385"},"modified":"2024-08-13T00:04:26","modified_gmt":"2024-08-12T21:04:26","slug":"el-salvador-secures-historic-1-6b-investment-for-bitcoin-city-ports","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/el-salvador-secures-historic-1-6b-investment-for-bitcoin-city-ports\/","title":{"rendered":"El Salvador Secures Historic $1.6B Investment for Bitcoin City Ports"},"content":{"rendered":"<p>Turkish port operator Y\u0131lport Holdings <strong><a href=\"https:\/\/x.com\/nayibbukele\/status\/1822974421142782176?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1822974421142782176%7Ctwgr%5Ec4ae23a5c72ae84adf253eab65b675592da8c137%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fen.bitcoinsistemi.com%2Fel-salvador-president-nayip-bukele-announced-1-6-billion-investment-from-turkish-company-in-bitcoin-city%2F\" rel=\"nofollow\">will invest $1.6 billion<\/a> <\/strong>to enhance the infrastructure of two ports, including Bitcoin City.<\/p>\n<p>This major investment will upgrade the current facilities at Acajutla and construct a new port in La Uni\u00f3n, where Bitcoin City is planned. President Nayib Bukele highlighted that this $1.6 billion investment is the largest private investment in El Salvador\u2019s history.<\/p>\n<p>The project will be executed in phases, with the first phase starting at the end of 2024. President Bukele detailed that Y\u0131lport Holdings will allocate over $1.615 billion to modernize Acajutla\u2019s port and activate La Uni\u00f3n\u2019s port.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-135374\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Back in late 2021, President Bukele announced the ambitious plan to develop Bitcoin City, which will be powered by geothermal energy. Bitcoin City will have no taxes on transactions and profits, and it will operate entirely on <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong>, with geothermal energy also being used for Bitcoin mining.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>El Salvador, known for adopting Bitcoin as an official currency, has announced a significant new investment.<\/p>\n","protected":false},"author":3,"featured_media":39182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72],"coin_category":[],"class_list":["post-135385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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content=\"2024-08-12T21:03:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-12T21:04:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/salvador.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexander Stefanov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/x.com\/UoyhIpJ0QUV6uYL\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Stefanov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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