Brochure INVEST ingles - Embajada del Ecuador en Catar

TABLE OF CONTENTS
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Ecuador Overview
A Mega-diverse Country
Why invest in Ecuador?
A stable and democratic nation
A Strong Economy
Clear rules for investment
Tourism: A Growth Sector
Tourism Investment Opportunities
Our Program: “InvestEcuador Tourism”
REPUBLIC OF
OPPORTUNITIES
ECUADORIAN MINISTRY OF TOURISM
© 2015 Directorate of Tourism Investment
Not for sale.
The logo and brand "INVEST ECUADOR TOURISM” are owned by the Ecuadorian Ministry of Tourism, and their
reproduction or dissemination, whether physically or digitally, must be previously authorized by the Ecuadorian
Ministry of Tourism.
COLOMBIA
Ecuador: Facts
and Figures
CITY: QUITO
Cultural Heritage
0º
THE GALAPAGOS
ISLANDS:
Natural Heritage
CITY: MANTA
Major port for fishing
and international
cruises
CHIMBORAZO
the closest point to
the sun at 6,310
m.a.s.l.
CITY: GUAYAQUIL
main port for international
cargo
SURFACE AREA
283,561 Km²
POPULATION
16’288.288
GOVERNMENT
DEMOCRATIC REPUBLIC
CURRENCY
US DOLLAR SINCE 1999
CITY: CUENCA
PACIFIC
OCEAN
Cultural Heritage
PERÚ
LANGUAGE
SPANISH
BUSINESS LANGUAGE
SPANISH - ENGLISH
TRADE AGREEMENTS
Over 13 agreements, including the ECUADOR EUROPEAN UNION Agreement
ECUADOR IN
THE MIDDLE OF
THE WORLD
E C UA D O R OV E RV I E W/ 7
A MEGA-DIVERSE
COUNTRY
Square meter for square meter, Ecuador is the most diverse country in the world.Contained within just 283,561 square miles (or 0.2% of the earth’s landmass) there are:
4
WORLDS
1695 different
bird species
19% of the national
territory comprises
protected areas
More than 110 beautiful
beaches spanning five
different provinces:
Esmeraldas, Manabí,
Guayas, Santa Elena
and El Oro, with
temperatures ranging
between 22 o and 32
Degrees Celsius.
Official UNESCO World Heritage Sites
Sangay National Park:
one of the most important
areas in the country and in the
world because of its network of
more than 322 lakes, and three
volcanoes providing
spectacular panoramic views
(Sangay, Tungurahua and El
Altar) and vast areas of high
and low mountain forest.
2.999 species of orchid
(from all the species in
the world)
About 25 active volcanoes. The
summit of one of these, Chimborazo,
is the closest point to the sun on the
earth’s surface.
10% of the world’s
amphibians
The highest number of
vertebrates in the world (9.2
species per 1,000 km2)
Fourteen ethnic groups, each
with its own language and
traditions which have been kept
alive over centuries and are
expressed through folkloric
events and rituals such as Inti
Raymi, Corpus Christi, Carnival,
Mama Negra and other
festivals that take place
throughout the year.
Galápagos: "Natural Heritage
Sitefor Humanity." Galapagos
embodiesfantasy, magic and
nature. Located in the Pacific
Ocean, a thousand kilometers
from the continental mainland.
8 / 9
Quito y Cuenca: both cities
have been named "Cultural
Heritage Sites for Humanity"
thanks to their wealth of
historical and cultural treasures.
CHIMBORAZO VOLCANO, 6.310 MASL.
GALAPAGOS GIANT TORTOISE
THE PACIFIC COAST
THE INDIGENOUS PEOPLE OF THE AMAZON
PASTAZA RIVER
THE MAMA NEGRA FESTIVAL IN LATACUNGA
¿WHY INVEST
IN ECUADOR?
Over the last eight years, Ecuador has under gone significant changes, making the country an attractive location for both
foreign and domestic private investment because it can now bank
on:
1. A Stable and Democratic Nation
2. A Strong Economy
3. Clear Rules for Investment
4. Tourism: A Growing Sector
5. Tourism Investment Opportunities
JW MARRIOTT HOTEL QUITO
12 / ¿WHY I N V E ST IN ECUA DO R?
A STABLE AND DEMOCRATIC
NATION
The inhabitants of Ecuador now enjoy a much better quality of
life: this is the result of the economic stability that has prevailed in this
country for the last eight years, which has helped to consolidate public
policies for the benefit and progress of the nation.
As such, public investment made by the current Ecuadorian
government hasfacilitated substantial improvements in infrastructure,
education, health, connectivity, economic stability and the generation
of greater systemic competitiveness that favors both smaller
entrepreneurs and bigger investors. I
INDEPENDENCE PLAZA, WITH CARONDELET PALACE IN THE BACKGROUND.
14 / A STA B L E A N D DEM O CRAT IC N AT IO N
A SOLID ECONOMY
In recent years, Ecuador has experienced better than
average growth for the region, which has led to a reduction in
poverty and unemployment and an increase in the financial clout of
the middle class, improving Ecuadorians’ quality of life.
VÍA COLLAS - AEROPUERTO TABABELA, QUITO
16 / A SO LID ECO N O M Y
IMPROVED QUALITY OF LIFE
A sustained effort to reduce foreign debt has been a key factor in stabilizing the Ecuadorian economy.
10%
EL SALVADOR
CHILE
8%
GDP GROWTH RATE: ECUADOR VS LATIN
AMERICA 2011-2014
8%
5%
4%
6%
5%
3%
4%
Source: Fondo Monetario Internacional
URUGUAY
3%
4%
1%
2%
0%
2011
2012
2013
2014
COSTA RICA
FOREIGN DEBT AS A PERCENTAGE OF
GROSS DOMESTIC PRODUCT IN LATIN
AMERICA 2013
PERÚ
VENEZUELA
REP. DOMINICANA
ARGENTINA
Source: Comisión Económica para
América Latina y el Caribe CEPAL
ECUADOR
HAITÍ
0%
BAHAMAS
JAMAICA
10%
20%
30%
Ecuador is one of the countries with the lowest foreign debt in Latin America.
BELICE
COLOMBIA
PARAGUAY
COSTA RICA
-8,0
ARGENTINA
VENEZUELA
UNEMPLOYMENT RATE IN
LATIN AMERICA / 2014
URUGUAY
REPÚBLICA DOMINICANA
CHILE
* Cifras preliminares
Source: Comisión Económica para
América Latina y el Caribe. CEPAL
MÉXICO
PERÚ
ECUADOR
-5,4
URUGUAY
-4,8
PERÚ
-3,1
-3,0
VENEZUELA
-1,0
LATIN AMERICA & THE CARIBBEAN
-0,2
PANAMÁ
ECUADOR
REP. DOMINICANA
BRASIL
PANAMA
GUATEMALA
COSTA RICA
0,0%
2,0%
4,0%
6,0%
8,0%
10,0%
12,0%
14,0%
16,0%
INTEREST RATE REDUCTION
2007 / 2011
BRASIL
-1,6
Coeficiente GINI, en intervalos de 0 a 100
Source: Index 2008-2012
COLOMBIA
PARAGUAY
0,2
0,7
1,9
LATIN AMERICA
18 / 19
40%
50%
60%
In 2003, the percentage of middle class citizens was 14%. Yet by 2013, this figure jumped to 29%. . This means that
in just 10 years the number of middle class citizens in the country doubled.
Ecuador is the country with the best rate of poverty reduction in Latin America, proved by the following:
between 2006 and 2013, 1,136,000 Ecuadorians moved out of poverty.
38,0%
29%
14%
2003
2013
36,7%
PERCENTAGE OF MIDDLE
CLASS 2003-2013
Source: Tabulations of LAC Lab SEDLAC
Equity (CEDLAS and World Bank) and World
Development Indicators (WDI)
350%
32,0%
PERCENTAGE OF POVERTY
IN ECUADOR / 2006-2013
29,0%
*Poverty measured by income
Source: National Institute of Statistics
and Censuses
26,0%
23,0%
20,0%
22,5%
2007
2008
2009
2010
2011
2012
2013
2014
18,0%
16,5%
16,0%
PERCENTAGE OF EXTREME POVERTY
/ 2006-2013
14,0%
12,0%
*Poverty measured by income
Source: National Institute of Statistics
and Censuses
10,0%
7,7%
0,0%
IMPROVING QUALITY OF LIFE THROUGH EDUCATION
20 / 21
2007
2008
2009
2010
2011
2012
2013
2014
3
PUBLIaC INVESTMENT
Public investment made by the current government
has improved the competitiveness of the country; as
such, the 2013 World Economic Forum’s
Competitiveness Report ranked Ecuador in second
place in South America in terms of quality of roads,
ports and airport infrastructure.
NEW
INTERNATIONAL
AIRPORTS
12
REFURBISHED AIRPORTS
PUBLIC INVESTMENT
IN RELATION TO GDP
YACHAY, THE “CITY OF KNOWLEDGE”
16%
14.5%
11.2%
10.1%
11.2%
1
“YACHAY”
FIRST CITY OF
KNOWLEDGE IN
LATIN AMERICA
14%
12%
11.7%
10%
9.4%
8%
6.2%
QUITO’S MARISCAL SUCRE INTERNATIONAL AIRPORT
3
WITHIN
IN LATIN
AMERICA FOR
ROAD NETWORKS
8
HYDRO-ELECTRIC
PLANTS TO DOUBLE
ELECTRICAL POWER
7.261
KILOMETERS
OF ROADS IMPROVED
6%
4.1%
4%
2%
2006 2007 2008 2009 2010 2011
I NV E STME NT / 23
2012 2013
0%
PAN-AMERICAN HIGHWAY E35
HYDRO-ELECTRIC PLANT MANDURIACU
Similarly, Ecuador is the country with the best quality education system and best quality of primary education in
South America, according to the Global Competitiveness Report 2013-2014.
ECUADOR
Ecuador climbed 15 places over two consecutive years, making it the nation that jumped most places in the Global
Competitiveness Report (2013-2014) as compiled by the World Economic Forum.
3,80%
ARGENTINA
3,30%
CHILE
3,30%
COLOMBIA
3,30%
URUGUAY
3,30%
BOLIVIA
2,90%
BRASIL
2,10%
^
0
^
0
^
1
^
1
^
2
^
2
^
3
^
3
^
4
0,0
COLOMBIA
0,0
-1,0
^
4
-3,0
ECUADOR
CHILE
COLOMBIA
QUALITY EDUCATION SYSTEM
(score from 1 to 7, with 7 being the best)
Source: Reporte de Competitividad Global 2013-2014,
Foro Económico Mundial
BOLIVIA
URUGUAY
-11,0
BRASIL
ECUADOR IS THE COUNTRY THAT HAS
CLIMBED MOST IN THE GLOBAL
COMPETITIVENESS INDEX REPORT
CHILE
PARAGUAY
-8,0
BRASIL
-8,0
VENEZUELA
-10,0
ARGENTINA
6,0
PERÚ
2,30%
PARAGUAY
15,0
BOLIVIA
Source: World Economic Forum
2,60%
PERÚ
ECUADOR
THE QUALITY OF PRIMARY EDUCATION
(score from 1 to 7, with 7 being the best)
3,00%
VENEZUELA
POINTS
COMPETITIVENESS
Source: Foro Económico Mundial /WorldEconomicForum
ARGENTINA
URUGUAY
VENEZUELA
PERÚ
PARAGUAY
POINTS
^
0
^
1
^
2
^
3
^
4
Another competitive advantage within Ecuador is a substantial improvement in internet connectivity. According to
the AKAMAI report, "State of the Internet 2013". Ecuador was the country in all of the Americas that had most
increased its average Internet speed. Thanks to this improvement, Chile and Ecuador are now the countries with the
highest average internet speed in South America, with 2.9 megabytes per second.
In support of improved competitiveness, Ecuador ranks
sixth in public service efficiency at a regional level, as
evidenced in a report compiled by the Inter-American
Development Bank.
24 / 25
COMPETITIVE COSTS
Ecuador also offers competitive costs compared to other countries in the region.
Ecuador is focused on becoming an increasingly attractive country for foreign and domestic investment.
Source: FDI Intelligence based on Economist
Unit Intelligence on Eurostat and major
utility operators
ELECTRICITY
COST PER KWH / 2012
WATER COST PER
CUBIC METER / 2011
Source: FDI Intelligence based on Economist
Unit Intelligence on Eurostat and major
utility operators
VENEZUELA
0,04
ARGENTINA
0,09
ARGENTINA
0,05
BOLIVIA
0,17
0,05
ECUADOR
VENEZUELA
0,08
PARAGUAY
ECUADOR
0,09
CHILE
0,17
BRASIL
0,24
0,05
0,10
0,15
0,20
TELECOMMUNICATIONS COST OF 3-MINUTE
CALL TO THE UNITED STATES
0,25
Source: FDI Intelligence based on Economist
Unit Intelligence on Eurostat and major
utility operators
CHILE
ECUADOR
VENEZUELA
BOLIVIA
URUGUAY
COLOMBIA
PERÚ
BRASIL
0,80
1,00
1,20
1,40
1,60
1,80 USD
C OM PET IT IVE C OSTS
1,00
1,50
2,00 2,50 3,00 3,50 4,00 USD
LABOR COST
Monthly minimum wage of
USD $350
SOCIAL BENEFITS
A thirteenth monthly salary:
An additional payment of$350
USD to be paid in September
each year.
A fourteenth monthly salary:
An additional payment of one
month's salary to be paid in
December each year (or
divided up during the year).
Employer Contribution: 12,15%
ARGENTINA
0,40 0,60
3,48
0,00 0,05
PARAGUAY
0,00 0,20
2,75
BRASIL
USD
UNDER CONSTRUCTION: BOUTIQUE
HOTEL GIARDINI, AUGUST 2015, GUAYAQUIL
1,73
URUGUAY
COLOMBIA
0
1,42
COLOMBIA
0,15
BOLIVIA
1,16
PERÚ
0,13
URUGUAY
0,91
CHILE
0,12
PERÚ
0,46
/
CONSTRUCTION OF SAIL PLAZA, MANTA,
BEST WESTERN CHAIN, AUGUST 2015
ONLINE COMPANY CREATION
In just one week in Ecuador, you can create a
company using a dedicated portal for the creation of
companies.
http://www.supercias.gob.ec/portalConstitucionElectronica/
HOTEL DEL PARQUE REFURBISHMENT, AUGUST 2015,
ORO VERDE GROUP, SAMBORONDON
CLEAR RULES
FOR INVESTMENT
The Organic Code for Production, Trade and Investment
(COPCI) offers investors tax stability, equal rights for domestic and
foreign investors, and a range of tax incentives.
HOTEL POSEIDON, MANTA
28 / C L EA R R UL ES
TAX STABILITY FOR UP TO 30 YEARS
Within the Organic Code of Production, Trade and Investment, an investment contract is established as a
legal instrument that recognizes the rights of both domestic and foreign investors and bestows tax stability. It also
allows for the exemption from certain import tariffs.
MAIN INCENTIVES
A reductionon income tax of
between 22% and 25% from
2013
Exemption from Overseas Tax
Remittance
Companies who reinvest their
profits in the country may
obtain a reduction of 10
percentage points in the rate
of income tax applied.
INCENTIVES APPLICABLE TO PRIORITY SECTORS SUCH AS
TOURISM
Companies established (outside of Quito and Guayaquil) are exempt
from paying income tax for 5 years, starting from the time positive
revenues are generated.
An additional deduction of 100% on annual depreciation costs of
new and productive fixed assets over 5 years.
INCENTIVES FOR DEVELOPING AREAS OF NATIONAL TERRITORY
There are 80+ areas around Ecuador where investment in tourism
projects may benefit from an additional deduction of 100% over 5
years when calculating income tax.
For more information, see: www.investecuadortourism.com
ENVIRONMENTAL INCENTIVES
100% depreciation will be deductible, in addition to the depreciation and amortization corresponding to the acquisition of
machinery, equipment and technology for the implementation of
systems for cleaner production,
energy generation from renewable sources (solar, wind or
similar) or reduction of the environmental impact of productive
activity, and reduction of greenhouse gas emissions.
HOTEL DEL PARQUE, SAMBORONDÓN
3 0 / 31
TAXES:
Ecuador is one of the countries with the lowest
tax rates in the region, with a total tax rate of 33%, according to a study compiled by PWC, Paying Taxes 2015.
TAX RATE IN
PERCENTAGES 2015
Source: PWC
CHILE
NAPO WILDLIFE CENTER, AMAZON
ECUADOR
PARAGUAY
MALECÓN DEL SALADO, GUAYAQUIL
PERÚ
MUNDO
OTHER TAXES
LABOR TAXES
URUGUAY
INCOME TAXES
SOUTH AMERICA
BRASIL
COLOMBIA
BOLIVIA
ARGENTINA
0
20 40 60 80 100 120 140 160
I MP UE STOS /
33
ABRASPUNGO, RIOBAMBA
TREN CRUCERO INTERNATIONAL TRAVEL AWARD WINNER
TOURISM:
A GROWTH SECTOR
The tourist industry is the third largest source of non-petroleum revenues in the Ecuadorian economy. By 2020, it plans to be the primary
source of revenues not connected with the oil industry in the country.
WYNDHAM HOTEL, GUAYAQUIL
34 / TO UR IS M
TOURISM AS A STATE POLICY
60,58
-70
-60
Tourism is a priority for the Ecuadorian government as part of state policy, so various strategies for growth
and improvement of this sector can be expected.
PUBLIC INVESTMENT IN THE
TOURISM SECTOR / 2009-2014
IN USD MILLION
Source: Budget Execution consolidated by sector.
Ecuadorian Ministry of Finance.
37,32
15,65
46,11
-50
36,26
-40
-30
17,68
-20
-10 USD
1
BANANAS & PLANTAINS²
2014¹: 2.607,6
2013: 2.354,6
2
2014¹: 2.571,8
2013: 1.784,9
SHRIMP
3
TOURISM*
2014¹:
2013:
1.487,2
1.246,2
4
2014¹: 1.296,2
2013: 1.393,9
OTHER PROCESSED
DERMA PRODUCTS
TOTAL OF COMMODITIES AND INDUSTRIAL PRODUCTS
NATURAL FLOWERS
5
2014¹: 798,4
2013: 808,1
2014¹:
2013:
6
2014¹:
2013:
2009 2010
577,2
425,7
COCOA
25.732,3
24.847,8
Source: Banco Central del Ecuador
As the third non-oil revenue for the country's economy , the Ecuadorian government has made increasing investment
for 2020 is the main source of foreign exchange.
Successful international
campaigns have led to
Ecuador winning several
awards, including most
recently the Best Tourist Video
in the Americas,presented by
the World Tourism
Organization.
3 6 / 37
2011
2012
2013
2014
QUALITY - A COUNTRY SEAL
SHARES IN RESULTS
Currently, the Ministry of Tourism is implementing the QUALITY OF TOURISM MANAGEMENT SYSTEM which
is focused on improving both quality and service in tourist facilities for accommodation, food and beverage, and
other operations across all priority tourist destinations in Ecuador. The Tourism Quality Program covers training and
consultancy phases, as well as assessment, and culminates in the award of the "Q" Quality Seal.
Public investment in this sector has generated increased international arrivals in Ecuador. In 2014, the
country experienced growth of 14%, well above the world average (5%) and the regional average (8%). In addition,
the country has won dozens of awards which guarantee that Ecuador is now perceived as a tourist destination of
excellence.
“2015 was named the Year of Tourism
Quality, with 250 tourism establishments
and 350 employees receiving training in
Best Practices.”
INTERNATIONAL GROWTH RATE IN
ARRIVALS TO ECUADOR, 2012-2014
(IN PERCENTAGES)
2012
1 ’ 27 1 .9 0 1
2013
1 ’ 3 6 4 .0 57
2014
1 ’5 5 6.9 9 1
7,25%
14%
WORLD’S LEADING GREEN DESTINATION 2014 & 2015
World Travel Awards Worldwide
ECUADOR
“BEST PLACE TO RETIRE ABROAD 2015”
Expat Insider
BEST PLACE TO RETIRE 2012
International Living
GALÁPAGOS
“WORLD’S BEST ISLANDS 2015”
Travel + Leisure
CRUISE TRAIN PASSENGERS
38 / 39
More than
50 awards
received in
the last 2
years
For two consecutive years, in both 2011
and 2015, Ecuador has been named the
best destination for expatriates in the
world by Inter Nations.
According to this ranking, Ecuador
comes top in: personal finance and the
personal happiness index, as well as
being one of the countries whose
population is noted as being most warm
and friendly.
40 / 41
CUENCA, AZUAY PROVINCE
KEY FIGURES
CONNECTIVITY
The state policy of backing tourism has paid off in the short term, as shown through encouraging
figures for Ecuador.
The excellent network of air terminals, including 4 international airports in Quito, Guayaquil, Latacunga and
Manta, operates 345 domestic flights and 298 international flights each week, which keeps Ecuador well connected to the world and helps it become more open to developing business and tourism.
INTERNATIONAL TOURIST
ARRIVALS 2014
BALANCE OF
TOURISTS (INBOUND
VS. OUTBOUND)
7.310
PERSONAS*
FEBRUARY 2015
VISITORS FROM NORTH
AMERICA
CPI FOR HOTELS &
RESTAURANTS
FEBRUARY 2015**
1’556.991
ARRIVALS BY LAND
2014
VISITORS FROM LATIN
AMERICA & CARIBBEAN
2014
20,59%
VISITORS FROM
EAST ASIA AND
THE PACIFIC
103,62
SUPERÁVIT EN
BALANZA TURÍSTICA
% Var. 0,5
29%
ARRIVALS BY AIR 2014
58%
VISITORS FROM EU
2014
4,57%
AÑO 2014
469,0
millones USD
% INCREASE IN GDP MADE
UP BY ACCOMMODATION
AND F&B INDUSTRY
REVENUE FROM TOURISM
2014
67%
Domestic
53,65%
345
International
46,35%
298
16%
2,1%
1.482,1
millones USD
* Arrivals less departures GVA Gross Value Added CPI Consumer Price Index.
Source: Department of Statistics and Research, Ministry of Tourism
INTERNATIONAL PASSENGER
AIRLINES IN ECUADOR
MAIN TOURISM MARKETS FOR ECUADOR
The three main markets with the highest number of arrivals to the country are:
COLOMBIA
24%
375.755
USA.
17%
259.468
PERÚ
11%
175.678
Colombians
Americans
Peruvians
4 2 / 43
INTERNATIONAL AIRLINE ROUTES IN ECUADOR
COUNTRY
Colombia
41
Panamá
55
Perú
Lima
42
USA
Miami
36
USA
Fort Lauderdale
10
USA
New York
14
Buenos Aires
14
Madrid
10
Argentina
Dallas
Houston
Atlanta
Miami
Madrid
New York
Fort Lauderdale
La Habana
México
El Salvador
Caracas
Medellín
Bogotá
Cali
España
Colombia
Cali
9
Colombia
Medellin
4
Chile
Santiago
4
Venezuela
Caracas
8
México
7
México
El Salvador
Salvador
14
USA
Houston
7
USA
Atlanta
7
Amsterdam
7
Brasil
Sao Paulo
6
Cuba
La Habana
3
Dallas
5
Lima
São Paulo
Santiago
Buenos Aires
Holanda
USA
Dirección de Conectividad – Mintur 2015
WEEKLY
FLIGHTS
Bogotá
Panamá
Amsterdam
CITY
4 4 / 45
WEEKLY FREQUENCIES
OF DOMESTIC ROUTES
Esmeraldas
Ibarra
Nueva Loja (Lago Ágrio)
Santo Domingo
Baltra
QUITO
Baeza
Bahía de Caráquez
Puerto
Ayora
Puerto
Baquerizo Moreno
(San Cristobal)
Latacunga
Manta
Tena
Quevedo
Portoviejo
Ambato
Baños
Guaranda
Babahoyo
Santa Elena
(Salinas)
Riobamba
Macas
Guayaquil
Azoguez
Cuenca
PACIFIC OCEAN
Puyo
Machala
(Santa Rosa)
Loja
Zamora
FREQUERNCY
ROUTE
Tulcán
Francisco de Orellana (El Coca)
Quito - Guayaquil - Quito
118
Quito - Cuenca - Quito
36
Quito - Guayaquil - Baltra - Guayaquil - Quito
31
Quito - Coca - Quito
21
Quito - Manta - Quito
26
Quito - Guayaquil - San Cristobal - Guayaquil - Quito
14
Quito - Loja - Quito
13
Quito - Lago Agrio - Quito
12
Quito - Esmeraldas - Quito
10
Quito - Santa Rosa - Quito
12
Guayaquil - Cuenca - Guayaquil
19
Guayaquil - Loja - Guayaquil
10
Guayaquil - Esmeraldas - Guayaquil
7
Latacunga - Coca - Latacunga
5
Guayauquil - Latacunga - Guayaquil
5
Quito - Salinas - Quito
3
Quito - Tulcán - Quito
1
Source: Dirección de Conectividad – Mintur 2015
4 6 / 47
Vancouver
MARITIME CONNECTIONS
67%
San Diego
Fort Lauderdale
OF CRUISE SHIPS
Nassau
Puerto Quetzal
Corinto
Cartagena
DOCK IN THE PORT
OF MANTA
San Blas Archipielago
Manta
Guayaquil
18.390 PASSENGERS
Trujillo
Lima
Pisco
32%
Coquimbo
OF CRUISE SHIPS
Buenos Aires
Montevideo
Valparaiso
Puerto Mont
DOCK IN THE PORT
OF GUAYAQUIL
5.326 PASSENGERS
Stanley
Puerto Arenas
Source: Dirección de Conectividad – Mintur 2015
The main receiving port
for cruise liners is
Manta, which is
scheduled to receive
18,390 passengers
during the 2014 -2015
season. Guayaquil
comes next with 5,326
passengers.
23.716 PASSENGERS IN TOTAL
Ushuala
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“A large number of
cruise passengers
arrive in Ecuador,
mainly via the ports
of Guayaquil and
Manta.”
OPPORTUNITIES FOR
INVESTMENT IN TOURISM
Ecuador has a growing tourist industry which, together with its
distinctive natural and cultural features, and the Government’s efforts
to make Ecuador a competitive and stable country, presents attractive
investment opportunities in different regions and a diverse portfolio of
public and private projects.
PROYECTO DE INVERSIÓN EUROBULDING, ACTUALMENTE EN EJECUCIÓN
5 0 / O P P O RT U N I T I ES FO R IN V EST M EN T
NEW INVESTMENT IN ECUADOR
INTERNATIONAL BRANDS IN ECUADOR
More than 30 tourism investment projects are currently underway in the country, with a total investment of
USD 750 million between 2015 and 2016.
There are more than 16 international hotel brands operating around the country in Ecuador today, which shows that
our country is an attractive market for rolling out projects in tourism.
By 2017, the consolidation
of 1,600 million dollars’
worth of investment is
expected from domestic
and foreign capital, which
will generate more than
3,700 direct employment
opportunities.
52 / 5 3
COAST
ANDES
Opportunities to establish upmarket and luxury
hotels, as well as food and drink outlets.
Eco-tourism resorts with connections to tourist
activities in nature, beach tourism, adventure,
culture, ecotourism, cruises, and MICE.
Excellent conditions for upmarket hospitality and
restaurant projects, high-class accommodation in
rural areas, with connections to tourist activities in
nature, adventure, culture, eco-tourism, MICE,
weekend homes, health, and boutique hotels.
Opportunities to roll out hospitality projects to
provide accommodation and services to luxury
ruise train passengers.
AMAZON
Opportunities to build up luxury Eco-Lodges,with
connections to ecotourism activities, bird
watching, nature and community projects.
EQUATOR MONUMENT
Excellent conditions for upmarket hospitality
and restaurant projects, high-class accommodation in rural areas, with connections to
tourist activities in nature, adventure, culture,
eco-tourism, MICE, weekend homes, health,
and boutique hotels. Opportunities to roll out
hospitality projects to provide accommodation
and services to luxury cruise train passengers.
INVEST ECUADOR
PROGRAM
TOURISM
With the aim of promoting and supporting investment in tourism, The
Ministry of Tourism launched the InvestEcuadorTourism Programme in
2011, with the aim of improving the business climate in the tourist
industry in Ecuador, providing different types of services to investors
who are interested in or are actually carrying out a tourism project in
the country.
MINISTRY OF TOURISM FACILITIES
5 6 / I N V E ST E CUA DO R TO UR IS M
The INVEST ECUADOR TOURISM services include:
• Support in the process of moving to Ecuador.
• Organization of schedules and contacts during your visit to Ecuador.
• Provision of reliable and up-to-date information.
• Prompt and confidential answers to all your queries.
• Networking between local and foreign partners.
• An Investor Information System that has relevant data regarding investment costs, processes and procedures
to facilitate the investment process in Ecuador’s growing touristindustry.
We're ready to help you.
CONTACTS:
[email protected]
(593 2) 3999 333 ext 1254
Briceño E1-24 y Guayaquil esquina,
Edificio La Licuadora, Piso 6.
www.investecuadortourism.com
QUITO - ECUADOR
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ENG
ENGLISH
www.investecuadortourism.com