Country of opportunities Amb Nicolas Trujillo Montreal December 3 2015 Email ambassadorembassyecuadorca E C U A D O R Capital Quito Type of Government Presidential Republic ID: 537808
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Slide1
ECUADOR
Country of
opportunities
Amb. Nicolas TrujilloMontreal, December 3, 2015E-mail: ambassador@embassyecuador.caSlide2
E C U A D O R
Capital :
Quito
Type of Government:
Presidential Republic
President:
Rafael Correa Delgado, Ph.D.
Official Language:
Spanish
Population:
14’483.499
(Census 2010)
,
15’520.973
(2013 official projections)
(75% urban, and 25% lives in rural places
)
Religion:
80.4% Catholics 11.3% Protestants
8.3% atheist and agnostics
(Census 2010)
Total Surface Area
:
256.370
km²
Currency
:
US Dollar
Administrative Structure
:
24 provinces, 1 Metropolitan District (Quito) and 1 Special Zone (Galápagos Islands)
Natural Regions
: Coast, Andean
Region
, Amazon
Jungle
, Galapagos Islands – 2 Hemispheres – 4
WorldsSlide3
ABOUT ECUADOR:
Economic & Social IndicatorsSlide4
38_85 62_85 111_85 112_85 116_85 117_85
Ecuador has achieved
STRONG GROWTH
in the last decade, preparing for future developmentAnnual average
4,6%
from 2007 to 2014, among the highest in the region
.
High level of investment
with low public debt
Re-elected president with 72% public approval
Improvement in HDI
and wealth concentration
Development
of communication, energy and road infrastructure
Roads, airports and ports development,
ideal location for commerce
ECONOMIC
SOCIAL-POLITIC
COMPETITIVE
GDP GROWTH
POLITICAL STABILITY
INFRAESTRUCTURE
INVESTMENT
SOCIAL DEVELOPMENT
LOGISTICS
Source:
ECLACSlide5
MACROECONOMIC BENCHMARK
OF ECUADOR
7.3%
2008
4.15%
2014
UNEMPLOYMENT RATE
REDUCTION OF 3.15%
Source:
BCESlide6
RATE OF INFLATION 2014
3.70%
3.90%
4.20%
5.10%
5.20%
68.50%
8.30%
MACROECONOMIC BENCHMARK
OF ECUADOR
Source:
BCESlide7
ECUADOR REDUCED POVERTY
AND INEQUALITY
Source: World Bank
REDUCTION OFEXTREME POVERTY2007
2015
16.45%
8.97%
7.48%Slide8
ECUADOR REDUCED
INCOME INEQUALITY
REDUCTION OF INCOME INEQUALITY
20062014
54
46.7
1st place
in Latin America
Source:
World
BankSlide9
ACHIEVEMENTS
IN HIGHER EDUCATION, SCIENCE, TECHNOLOGY AND INNOVATION
2013 -2014Slide10
ECUADOR INVESTS THE HIGHEST % OF GDP IN HIGHER EDUCATION (2
013) OF ANY LATIN AMERICAN COUNTRY
Public expenditure on higher education, as a percentage of GDP
2.19 % by 2014Slide11
FREE HIGHER EDUCATION IS GUARANTEED IN ORDER TO INCREASE ACCESS AND COMPLETION
More Young
P
eople aged between 18 and 24 have gained access to Higher Education Over 9 billion dollars have been invested in Higher Education by 2014Slide12
HISTORICALLY EXCLUDED GROUPS ARE NOW ACCESSING HIGHER EDUCATION
Gross attendance rates for higher educationSlide13
THE HIGHER EDUCATION ENTRANCE SYSTEM REWARDS EXCELLENCE
Percentage of the highest scoring high school pupils that study abroad, by disciplineSlide14
NUMBER OF POSTGRADUATE SCHOLARSHIPS ABROAD HAS TRIPLED
THE NUMBER OF POSTGRADUATE SCHOLARSHIPS ABROAD HAS TRIPLED
Number of Postgraduate Scholarships Abroad
10,000 Scholarships by 2014
CALDO-SENESCYT
MoU
signed in 2014Slide15
NUMBER OF POSTGRADUATE SCHOLARSHIPS ABROAD HAS TRIPLED
CANADIAN UNIVERSITIES IN SENESCYT LIST
LIST OF EXCELLENCE
University
of Montreal
Simon
Fraser
University
University
of
Queen
, Ontario
University
of Western Ontario
University of Victoria
University of Alberta Laval University
University of Calgary University of Ottawa University of Saskatchewan
McMaster University Dalhousie
University Guelph University
University of Waterloo University of Manitoba
OPEN CALL LISTUniversity of British ColumbiaUniversity
of TorontoMcGill University
University of AlbertaUniversity of CalgaryLaval
UniversityUniversity of OttawaUniversity
of MontrealUniversity of WaterlooUniversity of
Queen, OntarioDalhousieUniversity
of Western OntarioUniversity of SaskatchewanMcMaster
UniversitySlide16
FOUR NEW WORLD-CLASS UNIVERSITIES
WERE CREATED Slide17
YACHAY PUBLIC COMPANY AND ECUADOR’S FIRST SPECIAL ECONOMIC DEVELOPMENT ZONE (ZEDE)Slide18
Granted scholarships
for
fourth level education between 2007 and 2014
Source: SENECYT
2.12 %
of GDP
in
public
spending
for
higher
education
,
the
highest
in
the
region
10,482
ECUADOR INVESTS IN HUMAN TALENT
EVOLUTION OF PUBLIC EXPENDITURE ON HIGHER EDUCATION IS
AS %
OF GDPSlide19
THE HIGHEST IMPROVEMENT IN THE REGION
Source: World Economic Forum
2007-2008
2013-2014
102
71
GLOBAL COMPETITIVENESS INDEX
31
positions
in
the
last
7
yearsSlide20
THE STATE HAS INVESTED IN INFRASTRUCTURE:
ports, airports, telecommunications, highways and power generation projects
Annual growth rate is
32.8%
More
than
USD
7.600
million
invested
By
2016 Ecuador
will
have
8,300 MW
installed
87_84
37,418
Km
of
fiber
optic cable
9,200
Km
o
f
roads and highways
Power
generation
projects
Source: MINTEL
Source: MICSE
Source: MICSESlide21
17
Updated
or new airports
operated nationwide
86%
9,000
km of new
highway
system
With
a
public
investment
of more
than
USD 8
billion
8
new hydroelectric plants
by
2016
With a public-private investment of over USD 4.5 billion
6
multi-purpose projects of irrigation and flood control
With a public investment surpassing USD 800 million
NATIONAL INDICATORS
Source: MCPEC Slide22
8
₡
kilowatt per hour
Lower energy costs in the region
29
₡
Per
liter
of diesel
1.5
$
Per
cubic
meter
One of the lowest fuel costs for the industry
One of the lowest costs of water in the region
One of the lowest energy costs in the region
COSTS OF ESSENTIAL SERVICES FOR INDUSTRIES
Source: OLADE-
Year
2014
Source:
World
Bank –
Year
2014
Source:
Metropolitan Water and Sanitation Company of QuitoSlide23
THANK YOU
INVESTMENT CATALOG
http://embassyecuador.ca/investments.pdf