Why Ecuador?

7 years of political stability

WHY ECUADOR?

WHY ECUADOR?

GDP growth rate above the average of Latin America and the Caribbean

4.5%

WHY ECUADOR?

one of the lowest unemployment rates

4.8%

WHY ECUADOR?

with public investment over USD 8 billion

85% of highway system has been renovated and expanded

WHY ECUADOR?

renovated and new airports in the territory21

with public investment over USD 320 million

WHY ECUADOR?

new hydroelectric plants for 2016 8

with public-private investment over USD 4.5 billion

multi-purpose projects of irrigation and flood control

with public investment over USD 800 million

6

WHY ECUADOR?

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

WHY ECUADOR?

8¢ per kilowatt hour

the lowest cost of energy for businesses in

the region

WHY ECUADOR?

29¢ per diesel liter

after Venezuela the lowest cost of fuel for

the industry

WHY ECUADOR?

72¢ per cubic meter of water

one the lowest costs of water for businesses in the

region

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

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%)

CHANGE IN THE PRODUCTIVE MATRIX

2013-2014 Investment Catalogue for Strategic Sectors

Basic industries Mining projects Hydroelectric Petroleum fields Telecommunications Environmental projects

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

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

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

CHANGE IN THE PRODUCTIVE MATRIX

total investment: USD 2.5 billion