The government of El Salvador recently announced that Turkish holding company Yilport will undertake a large-scale investment in two of the country's seaports, totaling $1.62 billion. This marks the largest private investment in the nation's history. The move is expected to provide strong support for the planned 'Bitcoin city'. Under the agreement, both parties will establish a joint venture to manage port operations for the next 50 years. Akapulco port primarily handles the majority of the country's coffee, sugar, and Peruvian vinegar exports. On the other hand, La Unión port, which is currently idle, is located within the expected area for the construction of the Bitcoin city. The deal originated from Salvadoran President Nayib Bukele's visit to Turkey in 2022.