Name: Republic of Ecuador
Government type: Democracy
Capital: Quito
Business Languages: Spanish (official) & English
Area: 283,561 sq Km
Time zone: GMT -5 hours
Currency: US Dollar
Median age: 26 years
Population: 15.774.749
Source: Banco Central del Ecuador, BCE
2007 2008 2009 2010 2011 2012
World 5.3 2.7 -0.4 5.2 3.9 3.3
Latin America 5.5 3.9 - 1.5 5.7 4.4 3.2
Ecuador 2.2 6.4 0.6 3.0 7.8 5.1
-2.0
0.0
2.0
4.0
6.0
8.0
10.0
ECUADOR'S GDP, LATIN AMERICAN AND WORLD
%Variation
3,1
73
6,9
30
6,3
10
6,5
71
8,8
91
10
,36
0
3,3
65
7,4
21
6,8
88
7,9
48
10
,55
7
11,8
78
13
,42
0
9,2
58
2007 2008 2009 2010 2011 2012 2013 II Trim
Millones USD
FBKF SPNF FBKF PRIVADO
Source: Banco Central del Ecuador, BCE
GFCF PUBLIC GFCF PRIVATE
Fuente: Banco Central del Ecuador, BCE
7.1%6.4%
8.3%7.7%
6.4%
5.2% 5.0% 4.6% 4.6%5.8%5.3%
7.1%6.6%
5.7%
4.8% 4.7%4.1% 4.2%
8.7%7.9%
10.0%9.3%
7.2%
5.8% 5.5% 5.4% 5.1%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
2007 Sep. 2008 Jun 2009 Jun 2010 Jun 2011 Jun 2012 Jun 2012 Dic 2013 Mar 2013 Sep
Nacional Hombres Mujeres
Source: Instituto Nacional de Estadísticas y Censos, INEC
Revenues are better distributed among Ecuadorians
0.490.50
0.51
0.49
0.52
0.50
0.52
0.48
0.50
0.51
0.48 0.480.49
0.50
0.480.48
0.50
0.480.49
0.47
0.440.45 0.44
0.44
0.43
0.44
0.45
0.46
0.47
0.48
0.49
0.50
0.51
0.52
0.53
jun-06
ago-06
oct-06
dic-06
feb-07
abr-07
jun-07
ago-07
oct-07
dic-07
feb-08
abr-08
jun-08
ago-08
oct-08
dic-08
feb-09
abr-09
jun-09
ago-09
oct-09
dic-09
feb-10
abr-10
jun-10
ago-10
oct-10
dic-10
feb-11
abr-11
jun-11
ago-11
oct-11
dic-11
feb-12
abr-12
jun-12
ago-12
oct-12
dic-12
feb-13
abr-13
jun-13
ago-13
Gini Index
Source: Instituto Nacional de Estadísticas y Censos, INEC
16.89% 16.45% 15.49% 15.69% 15.37% 14.79% 13.09% 12.36% 11.61% 11.18% 8.61%
37.60% 36.70%35.00% 35.10% 36.00%
33.00% 32.80%29.60% 28.60% 27.31%
25.55%
dic-06 dic-07 jun-08 dic-08 dic-09 jun-10 dic-10 jun-11 dic-11 dic-12 dic-13
Evolution of National Poberty
Extremly Poberty Poberty
Access to 300 million customer base
CAN: Peru, Bolivia, ColombiaMERCOSUR: Venezuela, Brazil, Argentina, Paraguay, Uruguay and Bolivia
Agreements with the rest of the world
General System of Preferences (GSP) with the EU.General System of Preferences (GSP) with Russia , Canada and Japan .
The WORLD speaks of Ecuador
• “Ecuador begins to roar”• “Could Ecuador be the most radical
and exciting place on Earth?” “Quito : Best of the World, Our Must-See Places 2013”
“Top 10 major american cities of the future 2013/14 – Cost effectiveness. Quito sits 3 and Guayaquil sits 5”
Ecuador has been located in the 1st place as the best country in the world for retirees in the last years
Ecuador occupies 4th place in category "Best Travel"
General
Prioritized Sectors
Specific
Organic Code of Production
Incentives
Customs Support
Support in customs
procedures for companies
Finance Support
Public Banking
Human Capital Development
Government
• National Treatment: no minimum requirements of % of domestic investment or joint ventures
• No prior qualifications or authorizations
• International Arbitration for Foreign Direct Investment• No confiscation or nationalization allowed• Investment Contract for 15 years, renewable for 15 more
Fresh and Processed food
Metal Works
Petrochemical
Pharmaceutics
RenewableEnergy
Logistics services
Biotechnology and applied software
Forestry, resulting in manufactured products
Tourism
Prioritized Sectors
Soaps, detergents,perfumes and toiletries
Pesticides and other chemical products for
agricultural use
Ceramic products
Clothing and textileHome appliances
Leather and shoes
Chemical productsRadios, TVs and cell phones
Imports Substitution Sectors
Chemical substances
Success stories in 2013
Production of natural gases for its commercialization to other industries Investment amount: US$ 9 millionMining company from China that has the concession of a copper mine in the south-east region of EcuadorInvestment amount: US$ 2 billionProduction of steel pipes for the petroleum industry Investment amount: US$ 13 million
Production of tempered and float glassInvestment amount: US$ 3 million
Production of alfalfa pelletsInvestment amount: US$ 2.2 million
Investment on a new plant to produce clinker Investment amount: US$ 300 million
Assembly plant of car chassis of the automobile brand Great WallInvestment amount: US$ 24 millionProduction of carton and paper suppliesInvestment amount: US$ 130 millionExtraction, production and commercialization of sea products Investment amount: US$ 8.6 million
TARGET SECTORS
Ecuador's Legal Framework
Investment Incentives
Business environment
Investment contracts
Safe and profitable
investment