Julio José Prado MINISTER OF PRODUCTION, FOREIGN TRADE, INVESTMENTS AND FISHERIES

FROM THE FIRST DAY of the new government, we have sent a clear message: we foresee more of Ecuador in the world and more of the world in Ecuador. President Lasso, by Executive Decree, declared the investments promotion policy a priority through good regulatory practices and measures of simplification, efficiency, and transparency in administrative processes. On this basis, our government envisions a strengthened business climate in Ecuador. Locally, we pursue a competitiveness improvement agenda in line with the newly drafted National Development Plan (NDP) 2021-2025. Consequently, our Vice-Ministry of Export and Investment Promotion (Pro Ecuador) promotes the best business opportunities available with an investment projects portfolio in key productive sectors of the economy. According with the guidelines of the NDP, we work with all government authorities and local officials, as well as private associations and chambers of commerce, to select the most attractive investment projects that can capture the interest of foreign investors. Our 24 commercial offices in North America, Asia, Europe, and Latin America are promoting both our renewed business climate and the strengthened portfolio of projects in international events like the Ecuador Open for Business Forum 2021 and other events around the world. Equally important, we are working on PPP schemes for the development of sustainable infrastructure that allow for private participation and will share the risk in a contractual relationship in the long term.