Ecuador
eBizguides Ecuador
An amazing biodiversity
Le guiaré a lugares increíbles
The concept of eBizguides
eBizguides aims to provide on-the-ground information about the country economic performance, the main investment opportunities and acute business intelligence research about who are the leaders and influencers of the country and which are the top 100 companies. All you need to know about doing business in a country and in a unique publication that also includes a small tourism guide. eBizguides are the world's leading business intelligence guidebooks. Click to read more.
Macroeconomic stability
Ecuador is a country with enviable macroeconomic stability. Its macroeconomic indicators are very similar to those countries that have investment grade but enjoy a lesser degree due to the renegotiation of external debt held in 2009 and had a 93% acceptance of the Bond Holders. The growth rates of the last 10 years in Ecuador
have been very positive and when compared with other neighbouring countries it is the second fastest growing economy after Peru. However, arguably with better social outcomes.
have been very positive and when compared with other neighbouring countries it is the second fastest growing economy after Peru. However, arguably with better social outcomes.
Oil production
Private investment recovery is expected to grow to 5% in coming years due to general economic recovery and increased oil production. Oil production has otherwise been falling during the last 3 years due to renegotiations of oil contracts. As the rules were not clear, private oil investment had fallen as public investment had risen. With regards to Non-Oil GDP, with the new Production Code it will inevitably boost private investment, foreign direct investment (FDI) and mirror image economic hotspots like China, but with better conditions. The increasing importance of mining to the economy in 2012 will also shine through as it did in the 1970’s.
Another important factor
INVESTMENT
Ecuador is a country that is open to national and foreign investment. It is proven by numbers: production assets of private companies have grown to 2200 million US dollars over the last five years. The new legal framework developed by the National Government is striving to create conditions that would lead to further increase of private investment in Ecuador. According to the Production Code, there are various incentives of both general and specific character incorporated in the legislation. The environment is favorable for investment in Ecuador. The National Government is interested in attracting investments that, apart from being profitable, are also responsible: that fulfill their tax obligations, as well as responsible and fair with their workers, environment and the society in general. There are different guarantees for investment in Ecuador. The Production Code creates different alternatives and economic incentives that haven’t been provided before by any other investment treaty. In general, all regulations that form part of different investment treaties are included in the Production Code. The Code defines the concept of investment, ratifies the respect for investment and for property, allows and motivates signing of contract agreements between an Investor and the State, foresees incentives and alternative dispute resolution strategies. Investors already trust Ecuador. Around a dozen of international companies have demonstrated their interest in investing in the country the overall amount that will exceed 4.000 millions of dollars during coming years.
Partner Companies
Ecuador
Welcome to the Republic of Ecuador, a fascinating country located between Colombia and Peru. With one of the largest concentrations of biodiversity in the
world, it is a forward thinking country due to the changes being made to improve it’s industries and to ensure its competitiveness. Ecuador strives to become more attractive to investors and to provide guarantees for its entrepreneurs and workers whilst preserving a natural and priveleged environment. There is great variety in the climate which is largely determined by varying altitudes. It is mild all yearround in the mountain valleys and there exists a humid Subtropical climate in coastal areas and rain forests in the lowlands. The Pacific coastal area has a tropical climate, with a torrential rainy season. The climate in the Andean highlands is temperate and relatively dry. Quito is dominated by the spring weatherbut can see extreme changes in relatively short periods of time.
world, it is a forward thinking country due to the changes being made to improve it’s industries and to ensure its competitiveness. Ecuador strives to become more attractive to investors and to provide guarantees for its entrepreneurs and workers whilst preserving a natural and priveleged environment. There is great variety in the climate which is largely determined by varying altitudes. It is mild all yearround in the mountain valleys and there exists a humid Subtropical climate in coastal areas and rain forests in the lowlands. The Pacific coastal area has a tropical climate, with a torrential rainy season. The climate in the Andean highlands is temperate and relatively dry. Quito is dominated by the spring weatherbut can see extreme changes in relatively short periods of time.
