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Invest in Ecuador

Invest in Ecuador

Investment Opportunities in Ecuador

On account of the liberalization policies of the 1990’s, Ecuador is relatively open to exports and direct investment. Attractive investment opportunities exist in Ecuador’s petroleum, mining, agriculture, and manufacturing sectors – particularly supply of equipment and services to the country’s increasing number of domestic manufacturers and its underdeveloped, but expanding, telecommunications and utility industries.

Petroleum and mining investments stimulated by investment friendly laws recently passed by the Ecuadorian Congress are likely to make up the bulk of new foreign investment in Ecuador in coming years. Until now, significant new investment in the petroleum sector has lagged due to delays in expanding an existing oil pipeline and delays in the construction of a much needed second pipeline across the Andes mountains. A build-operate-own concession granted to five foreign oil companies in early 1999 will accelerate construction of the second pipeline, which when completed will permit a significant increase in Ecuadorian oil production.

It is important to note that three quarters of Ecuador’s crude production comes from oil fields in the fragile Amazon basin. Despite the environmental criteria and requirements that have been incorporated into the petroleum licensing process by the Ecuadorian government, construction of the pipeline and development of new oil fields will draw heavy attention from the international environmental community.

Ecuador’s mineral wealth is second only to its oil wealth. Until now, mining has been relatively scarce in Ecuador because most mining potential resides in the ecologically sensitive and remote Amazon rainforest. For better or for worse, new mining laws have opened the door for foreign companies to mine large swaths of the country, even in the delicate Amazon. To date the mining operations have attracted less attention from environmentalists than petroleum development, however, this is likely to change when the environmental community becomes fully aware of the extent of current mining concessions and extraction plans.

Though Ecuador’s agricultural sector is its oldest and most developed sector, opportunity for investment, especially in the nascent cut flower market, still exists. The country’s abundance of rich land and coast, and its varied geography and mild climate, make it ideal for the production of many agricultural and seafood products.

As an importer with a limited but growing manufacturing base, Ecuador will continue to seek suppliers of consumer, agricultural, and industrial products and services. According to the International Trade Administration of the United States Department of Commerce, the sectors offering the greatest potential for non-agricultural goods and services are telecommunications, electric power generation, water resources equipment, construction, and safety and security equipment. Wheat, cotton, rice, corn, soybean meal, and processed foods are the leading export prospects for the agricultural sector.

Economic modernization and liberalization are central goals of Ecuador’s current Administration. Therefore, the Government is working hard to attract investment from abroad and is more willing than ever to work with foreign and domestic corporations to reach mutually beneficial arrangements.

For more information on Ecuadorian modernization and liberalization initiatives, trade regulations, and other matters related to doing business in Ecuador, please consult our list of business links.

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Provider Spotlight

Free Galapagos Trip Planner at Galapagos Islands .com – easily plan your Galapagos vacation online, find great value, and a wide selection of customized Galapagos cruises and vacations.

Galapagos Tour Experts – Adventure Life Specialize in luxury Galapagos cruises, and land-based Galapagos tours. Adventure Life can help you design the perfect trip to Ecuador. As seen in Outside Magazine, NatGeo, and the New York Times.

Voyager Galapagos Tours haS excellent Galapagos cruise deals & last-minute offers, and land-based Galapagos tours (aka Island Hopping).

Galapagos & Ecuador Insiders use their local expertise to assist you in planning the perfect Galapagos cruise or Ecuador tour for your precise budget, needs, and interests.

Latin Trails craft customized journeys to the Galapagos Islands, the Ecuador mainland, the Amazon rainforest, and Peru. They operate the highly-rated Galapagos cruising yacht: Seaman Journey and the day tour yacht the Galapagos Hopper.

Andando Tours – Pioneers in Galapagos tourism. Two generations of sailing and shipbuilding showcase unparalleled knowledge in creating the most unique Galapagos Cruises. Owners & Operators of S/S Mary Anne & M/Y Passion.

Gulliver Expeditions – Learn more about our Ecuador ToursPeru ToursEcuador Climbing Expeditions, Galapagos Land Tours, and Machu Picchu Tours. Gulliver Expeditions offer fantastic travel experiences since 2005.

Surtrek Galapagos Cruises – has offered exceptional custom-designed trips to the Galapagos for over 20 years. They now bring their brand of off-the-beaten-path trips to other countries in South America such as Peru’s Machu PicchuBolivia’s Uyuni Salt Flats, and Chile’s Atacama Desert.

ViaNatura – provides excellent value Galapagos cruises on the Monserrat yacht, a luxury cruise experience on the Hermes yacht, and a variety of tours in Ecuador and Peru.

Exclusive Galapagos Cruises, part of the EQ Touring group – specializes in private Galapagos yacht charters. They can help your group find the perfect yacht that matches your needs at a price negotiated by a true insider who has been doing charters in the Galapagos for decades.