Glas highlighted the changes of the productive matrix

The first weekly address of 2015 was led by Vice President JorgeGlas. In it,Glas spoke about changes in the productive matrix, the agreements that were signed to reduce imports and strengthen the Special Development Zones. The Vice President said that this year Ecuador will be...

Private sector signed 900 agreements that replace imports

Food, ceramics, toys, furniture, cosmetics and plastics are among the sectors in which the substitution of imports has been achieved, according to the Government’s aim to change the Productive Matrix. However, this was accelerated after the issuance of Resolution 116 of the...

Change of the productive matrix gives positive results, according to Jorge Glas

The change of the productive matrix begins to yield positive results in the trade balance, according to the Vice President Jorge Glas during the weekly address where he replaced President Rafael Correa. Along with the Minister of Industries, Ramiro González, Glas said that there...

CFN will allocate credits to lower imports

The president of the National Finance Corporation (CFN for its Spanish acronym), Maria Soledad Barrera, in an interview with the El Universo newspaper, said the company plans to spend this year $ 250 million in loans to companies that provide investments to replace imports and to...

20% of motocycle pieces and parts shall be national until 2015

Until June 2015, 20% of parts and pieces of domestic manufacturing will be incorporated in the motorcycles assemblage in Ecuador, in compliance with Ministerial Decree 14-264 of July 22. “The general level of local content of all types of assembled goods is 5% and it will...

CAF approves $ 296 million loan for Ecuador

The Development Bank of Latin America (CAF for its Spanish acronym) has approved two loans totaling $ 296 million in favor of Ecuador. According to yesterday´s reports of the body´s office in Quito. “$ 176 million were approved for the New Educational Infrastructure Program...

Matrix production companies will receive CFN credits

The companies associated with the change of the productive matrix business, the increase of exports and imports substitution, will be benefited with a new credit line for the purchase of assets by the Nacional Finance Corporation (CFN.) The product `Progress´ is comprised of...
The agricultural sector as a new productive matrix

The agricultural sector as a new productive matrix

Trough the change of the productive matrix, the Government seeks to strengthen the sectors in which the country has been distinguished since its origins: agriculture and livestock. “Increasing value in production and diversify it” is one of the challenges, according...