Strategic Geographic Location
Ecuador is located on the Equatorial Line northwest of south America´s Pacific Coast, bordered by Colombia on the North, Peru on the east and South by the Pacific Ocean to the west. Ecuador has an area of 256,370 km2. The unique geography location creates a singular and strategic environment because of the privileged location´s port that is an incentive for gathering of traffics routes of the East and the American continent, especially regarding to the Pacific coast. Also, it is highly advisable for the concentration of Latin American charges aimed to cross the Panama Canal with destination to the East coast of the continent or to Europe and Africa.
Ecuador is going through a favourable process of structural transformation of a system economic, social and solidarity, according to Cepal, the Ecuadorian economy has grown on average 4.5 % per year and the non-oil economy has grown on average 5% per year in the last ten years, and is among the countries with better economic performance in Latin America. The incorporation of the dollar as its official currency since 2000 has maintained an economic equilibrium in the region. GDP growth at 8% and record levels of public and private investment. The current political stability has been allowed to grow steadily. The worker salary, loans to motivate production and improvements in health conditions.
País seguro, transparente y estable
De acuerdo con datos de la Cepal, la economía ecuatoriana se encuentra entre los países con mejor desempeño económico de Latinoamérica. La inflación es de un dígito y es más baja que el promedio de América Latina.
La moneda de curso legal es el dólar de los Estados Unidos de América, lo cual brinda seguridad a los inversionistas, pues no existe riesgo de devaluación.
Excellent Human Talent
The effort made by the Government to enhance research and innovation capacity of the country by increasing scholarships for master’s and doctoral involves both national and international recognition in the medium and long term labor as highly productive by Ecuadorian his great ability to be trained. An educated and healthy population promotes social cohesion, stability and productivity at work.
Ecuador has a skilled workforce with recognized skills acquired over time, allowing you to have a unique know-how in the management of production processes, especially in activities that banana, shrimp and floriculture.
Empowerment efforts of human talent and capital improvement make Ecuador a country with high social stability for entrepreneurs and investors.
New Investments in Infraestructure and Logistic
Ecuador has a transport infrastructure consists of 43.197 km. road, of which 6,467 km. are paved. Road transport is the main means of communication in the country and there are many bus companies that cover the whole territory.
Road infrastructure consists primarily of a road along the coast, linking La Tola, Lizard, Montalvo, Rocafuerte, Rio Verde, Shrimp, and San Mateo Tachina: other routes are: Esmeraldas-Atacames-Shua-La Union-Muisne, Esmeraldas -Rosa Zárate (Quinindé) bound for Santo Domingo de los Colorados and Quito, the latter in the La Independencia, joins the new road that comes from the province of Pichincha San Miguel through the Banks and Pedro Vicente Maldonado.
Ecuador has more than 966 km. railway, linking the Sierra to the coast and is mainly used for tourism purposes. These are state-owned.
The routes covered are
- Quito – Machachi – Quito
- Quito – Bowling – Quito
- Machachi – Bowling-Machachi
- Alausí-Sibambe – Alausí
- Ibarra – Salinas – Ibarra
Ecuador port system consists of seven state ports and ten private docks, specialized in general cargo and oil.
- Port ofGuayaquil
- The Port of Esmeraldas
- Port of Manta
- Puerto Bolívar
Ecuador has an excellent network of airports, of which three are international. They are located in the cities of Quito, Guayaquil and Manta.
THE MARISCAL SUCRE INTERNATIONAL AIRPORT
It is the airport of the capital city Quito located north of the city receives domestic and international flights, is expected to mobilize in Puembo free zone which is a parish of the Metropolitan District of Quito and 25 km east of the current.
The runway of the new airport will have an area of 4,100 meters, one of the longest in Latin America. The airfield is now the 3,600 meters.
On the grounds on which sits the Mariscal Sucre (north) the municipality plans to build a convention center and adjust routes that connect the city from east to west, thus addressing one of the problems affecting mobility in Quito present.
INTERNATIONAL AIRPORT JOSÉ JOAQUÍN DE OLMEDO OF GUAYAQUIL
Formerly known as the Simon Bolivar Airport, was remodeled and started operations on 27 July 2006 with the same track the previous airport, but in a new and very functional and modern building. Get local and international flights worldwide.
The airport is located within the city limits north of the city of Guayaquil is 6metros of height relative to sea level, temperature 31 degrees Celsius benchmark.
ELOY ALFARO INTERNATIONAL AIRPORT
Located in the city of Manta, Manabi Province, is alternate airports in Quito and Guayaquil to receive international flights and passenger load.
The runway of this airport has the following features
Length 2.854 m
IATA Code: MEC
The March 15, 1994, empowers the Eloy Alfaro Airport as International Airport, a category that continues today.
In 1999, the government of Ecuador signed an agreement with the United States of America, which was established by the use of the U.S. military airfield part of Eloy Alfaro. In 2000, within the framework of this agreement ended in 2009 the U.S. government rebuilt the runway, improved endurance, implemented modern visual aids (lighting) and installed a new VOR (radio aid), with a investment of approximately $ 60 million.
The reconstruction was completed in October 2001, from then until now the international airport “Eloy Alfaro” Manta is considered as the best airport in Ecuador to provide 99.9% of performance to aircraft operating in it. It provides for a runway extension as part of the infrastructure of oceanic axis Manta – Manaus in Brazil.
Ecuador has several navigable rivers, among which are the Guayas River, which has an area of 26,000 km. and empties into the Gulf of Guayaquil, on the Pacific. They are also the Daule and Vinces, who have great depth without dredging.
Optical Fiber Network
Ecuador is the most competitive country in the region in electricity rates for commercial / productive sector: The aggressive plan of investment in renewable energy should allow Ecuador to increase its comparative advantage in this field.
Thanks to the construction of hydropower and the Pacific Refinery, the country would stop importing about $ 4,000 million a year in fuel and allow passing from 3770 MW of installed capacity in the 2006 to 6779 MW in 2016. The expected dates from the power generation projects are the following: Villonaco in 2012; Doubts Mazar in 2013; Toachi – Pilatón and Manduriacu in 2014; Quijos, Delsitanisagua and Mines – San Francisco in 2016; and Coca Codo Sinclair in 2016.
Mega Diverse environment
The Nature is in favor of Ecuador, as one of the countries that possess the diverse category, by its climatic conditions that facilitate the harvest of agricultural products throughout the year without interruption. It has stable weather conditions with wet and dry seasons. The permanent brightness helps that can be grown all fruits, vegetables and aquaculture products (shrimp, tilapia, lobster and others) that are demanded in the international market and can also be processed in the country.
Ecuador with just 17% of the Earth’s surface has 10% of the global biodiversity. We occupy the sixth place of biodiversity and if we add the Navy, we have the first place. Another factor is that our country is crossed by the Andes mountain range. This originated altitudinal diversity, each with different soil types and microclimates. Moreover, in the Mountain range higher values of precipitation are recorded in the world. That makes that in a single hectare of tropical moist forests exist more species of amphibians possessing throughout North America as a whole.