2PROFILE OF ECUADOR Name: Republic of Ecuador Government type: DemocracyCapital: QuitoContinent: South AmericaBusiness Languages: Spanish (official) & EnglishArea: 256,360 sq KmTime zone: GMT -5 hoursCurrency: US DollarPopulation: million (Nov. 2012)Median age: 26 years.
3ECUADORLocation: Between Colombia & Peru. The country enjoys a coast line with the Pacific ocean.Weather: Tropical along coast; mild weather at valleys in the highlands, getting cooler at higher elevations; tropical in the AmazonCoastline: 2,237 kmBiodiversity: Tropical coast, cloud forest, moorlands, highlands, valleys, jungle, plus a wide arrange of flora and faunaMain cities w/ population: Quito (2.2 million)Guayaquil (2.4 million) , Cuenca (506,000) & Manta (226,000)
4PRO ECUADOR is the formal Trade and Investment Promotion Organization of the Republic of Ecuador, responsible to promote the Ecuadorian Exports and Investments; operating under the umbrella of the Ecuadorian Ministry of Foreign Trade, with the objective of enhancing the competitiveness of Ecuador as a preferred trading and investment partner. PRO ECUADOR has more than 32 Overseas Trade Offices, focusing on research, trading and international business development bridging the Ecuador economy with the Globe.Our mandate:1- Export Promotion Investment Promotion Tourism Promotion
5SERVICES PROVIDED BY PRO ECUADOR - HQ Export Advisory Services3,108 Registered and validated exporters3,488 people that received technical trainingInvestment Promotion14 missions from China, Turkey, USA, UK, Guatemala, South Korea, among othersMore than 350 businessmen and women participated.Export Promotion616 new exporters and 234 new products exported to markets where the Trade Offices are locatedMarket Intelligence1.402 Market Access Reports deliveredTourism Promotion6,2 Million passengers with 5% annual growth
6EXPORT PROMOTION SERVICES PROVIDED BY PRO ECUADOR - UAE Developing trade promotion strategies in coordination with PRO ECUADOR HQ and UAE StakeholdersGenerating trade opportunities by working closely with UAE CompaniesBringing Ecuadorian Companies to participate in UAE major Trade Exhibitions and arranging B2B meetings with UAE Businesses.Hosting UAE Companies to be part of ECUADORIAN major events (AEBE, MACRORRUEDAS & AROMAS DE CAFÉ), organized by PRO ECUADORFacilitating business meetings and visiting Ecuadorian Companies /delegations in the UAE with local businesses and partnersProvision of a Business Centres facilities for Ecuadorian companies to work closely with UAE counterparts in a professional environment.Partnering with UAE Government and Semi-Government bodies to organize official missions, eventsWorking with domestic Airlines and ports authorities to enhance connectivity with Ecuador
8REASONS TO INVEST IN ECUADOR Main Commercial Sea Ports: INVESTMENT PROMOTIONAirports: 20· 4 international · 11 domestic· 5 localREASONS TO INVEST IN ECUADORStable and Growing EconomyStrategic Location and Logistics HubQualified and Competent Human ResourcesEasy Access to Andean and World MarketsProtection and Incentives to InvestorsDollarized economyMain Commercial Sea Ports:Guayaquil, Manta, EsmeraldasINVESTMENT SECURITYNational or International ArbitrationNo confiscation or nationalization allowedInvestment Contract for 15 years, renewablefor another 15 years
99 PRIORITIZED SECTORS Metal Works Tourism Fresh and Processed food Forestry, resulting in manufactured productsMetal WorksTourism9 PRIORITIZEDSECTORSFresh andProcessed foodRenewableEnergyPetrochemicalBiotechnology and applied softwarePharmaceuticsLogistics services
10Fortune Global 500 companies 2012 In Ecuador there's around 50 Fortune Global 500 Companies, that operate in Ecuador. The following is a list of some of the companies that operate in our territory:General Motors Sinopec Nestlé Petrobras Telefónica de España (Movistar) Repsol YPF Johnson & Johnson Unilever Microsoft PfizerBayerSanofi AventisNovartisPepsi CoCoca ColaKraft FoodsFedExAmerica MovilAbbott Laboratories3MSchlumbergerHolcimMapfre GroupKimberly-ClarkSABMillerGlaxoSmith KleinVeolia EnvironmentMerckLafarge
11PRO ECUADOR Overseas Trade Offices (33) PRO ECUADOR Local Offices (7)11
12PRO ECUADOR (HQ) INTERNATIONAL PROMOTION ACTIVITIES 2013 ExhibitionsParticipation (January - September) in 29 international Exhibitions in countries like: Germany, Japan, Russia, UAE, Brazil, Chile, China, South Korea, USA, among othersParticipation of 199 companies: small medium-size, and big enterprises and other relevant stakeholdersTrade MissionsArranging 14 missions from countries like China, Turkey, UAE, USA, UK, Guatemala, South Korea, among othersMore than 350 businessmen and women participated
13PRO ECUADOR (UAE) Commenced Operations in October, 2012 With the Full support of the Department of Economic Development, Government of Dubai & Dubai Chamber of CommerceInauguration, 1st May, 2013
14Annual Investment Meeting (AIM) Participation in 2 Domestic Trade showsAnnual Investment Meeting (AIM)30 April – 2 May, 2013GULFOOD , February, 2013Awarded Best Stand in its categorywe are tripling the Exhibition Pavilion Space and doubling the number of Ecuadorian ExhibitorsAwarded Best TPO Performer
15UAE Business Delegations to Ecuador AEBE (Banana InternationalForum), June, 2013MACRORRUEDAS (B2BMatchmaking), July, 2013AROMAS DEL ECUADOR(B2B Matchmaking), Sept., 2013
16Strategic Partnership with DED Agencies PRO ECUADOR is looking forward to building more Strategic Partnership!
17PRO ECUADOR Office in UAE Reception AreaExhibition AreaIncubation Model