why ecuador?
DESCRIPTION
Ecuador´s miracleTRANSCRIPT
![Page 1: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/1.jpg)
![Page 2: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/2.jpg)
7 years of political stability
WHY ECUADOR?
![Page 3: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/3.jpg)
WHY ECUADOR?
GDP growth rate above the average of Latin America and the Caribbean
4.5%
![Page 4: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/4.jpg)
WHY ECUADOR?
one of the lowest unemployment rates
4.8%
![Page 5: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/5.jpg)
WHY ECUADOR?
with public investment over USD 8 billion
85% of highway system has been renovated and expanded
![Page 6: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/6.jpg)
WHY ECUADOR?
renovated and new airports in the territory21
with public investment over USD 320 million
![Page 7: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/7.jpg)
WHY ECUADOR?
new hydroelectric plants for 2016 8
with public-private investment over USD 4.5 billion
![Page 8: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/8.jpg)
multi-purpose projects of irrigation and flood control
with public investment over USD 800 million
6
WHY ECUADOR?
![Page 9: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/9.jpg)
WHY ECUADOR?
7,000
full-ride scholarships provided for higher education last year
almost 2% of GDP in higher education expenditure, the highest
of the region
![Page 10: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/10.jpg)
WHY ECUADOR?
8¢ per kilowatt hour
the lowest cost of energy for businesses in
the region
![Page 11: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/11.jpg)
WHY ECUADOR?
29¢ per diesel liter
after Venezuela the lowest cost of fuel for
the industry
![Page 12: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/12.jpg)
WHY ECUADOR?
72¢ per cubic meter of water
one the lowest costs of water for businesses in the
region
![Page 13: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/13.jpg)
CHANGE IN THE PRODUCTIVE MATRIX
Market diversification
Exports increase
High-quality employment generation
Increase in productivity
Higher incorporation of Ecuadorian components
Product diversification
Environmental sustainability Quality of products
Import substitution
1
2
3
4
5
6
7
8
9
![Page 14: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/14.jpg)
CHANGE IN THE PRODUCTIVE MATRIX
1 strategic industries development
Refinery of the Pacific Petrochemical industrySteel IndustryShipyard IndustryPaper pulp Industry
2 innovation and entrepeneurship
Venture Capital development (seed capital, early-stage capital)
3 re-industrialization&
tourism
2014: 13.3%2036: 25%
tourism2006: 841.000 tourists2013: 1.366.000 (62%)2017: 1.875.000 (123%)
![Page 15: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/15.jpg)
CHANGE IN THE PRODUCTIVE MATRIX
2013-2014 Investment Catalogue for Strategic Sectors
Basic industries Mining projects Hydroelectric Petroleum fields Telecommunications Environmental projects
![Page 16: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/16.jpg)
CHANGE IN THE PRODUCTIVE MATRIX
Electronic Investment Catalogue for Touristic Projects
Cultural heritage houses Cruise Train Hotel Quito Half of the world project Private projects
![Page 17: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/17.jpg)
CHANGE IN THE PRODUCTIVE MATRIX
Code of Production Tax and non-tax incentives Investment contracts for 15
years, renewable for 15 more
Legal stability Ease on customs procedures
and payments
![Page 18: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/18.jpg)
CHANGE IN THE PRODUCTIVE MATRIX
Economic Development Special Zones (ZEDE)
City of Knowledge “Yachay” ZEDE- Logistics, Technology, Industry
Petrochemical ZEDE- Logistics & Industry
17% Income Tax for ZEDE 0% Income Tax for the first 5 years
for prioritized sectors Tax-free imports
![Page 19: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/19.jpg)
CHANGE IN THE PRODUCTIVE MATRIX
total investment: USD 2.5 billion
![Page 20: Why Ecuador?](https://reader033.vdocument.in/reader033/viewer/2022061220/54bb5ad94a7959344a8b45bf/html5/thumbnails/20.jpg)