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Miami website reveals negotiations for port award in Posorja

One of the biggest foreign investment projects in the recent history of Ecuador, which will inject more than $ 1.200 million in the coming years in the construction of a deepwater port in Posorja, which is planned to be awarded for 50 years to the Dubai Ports World (DP World)...
Posted On 08 May 2016
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Oil contractor would have an offshore structure with MF

Jaime Alberto Escobar owns Baquerizo Oil Services & Solutions S.A. (OSS), the Ecuadorian company has been awarded Petroecuador contracts for $ 30.3 million and at the same time would own with his brother, Juan Andres, an offshore structure created through the Panamanian law...
Posted On 08 May 2016
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The machinery noise is dominant in the Ground Zero Tons of debris are removed in downtown Portoviejo

The noise of construction machines is the only thing that can be heard. Tractors, dump trucks and bulldozers continued last Friday removing tons of debris from the commercial and financial center of Portoviejo, which was ruined by an earthquake three weeks ago. The comings and...
Posted On 08 May 2016
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BanEcuador will grant a quick credit of $ 20,000

The government announced yesterday that a working capital line was created, unsecured and which will be delivered after five days of being requested. During the weekly address, Vice President Jorge Glas announced that an amount up to $ 20,000 would be granted. Veronica Gallardo,...
Posted On 08 May 2016
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“Inquiring of oil czars”

The Attorney General’s cass is diluted in the Justice Commission. The ruling party will investigate everything. Chiriboga made an almost irrefutable presentation, says Luis Fernando Torres. The ruling party recognized it. PAIS Alliance legislator and member of the Board of...
Posted On 08 May 2016
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ISSFA group calls for official rectification

The Support Front of the Institute of Social Security of the Armed Forces (ISSFA) and the Guayas Armed Forces, made up by retired military personnel, released a manifesto rejecting the return of $ 41 million from the sale the Samanes lands and calling for a public rectification...
Posted On 08 May 2016
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Companies opened accounts in Swiss banks

Although the beneficiary of Arkdale is Juan Andres Baquerizo Escobar, the directors of this firm are also executives of the Mossack Fonseca law firm (MF). They are Mirzellia Pinon and Yakeline Perez. This is stated in MF documents leaked by the International Consortium of...
Posted On 08 May 2016
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Ecuador bananas conquer the Chinese market

Thirteen members of the Nueva Vida Association of Small Banana Producers, based in the province of El Oro, will export 9,240 boxes of bananas weekly for 52 weeks to China through a commercial operation of the National Storage Unit. China is a potential major consumer of bananas,...
Posted On 08 May 2016
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Agreement to encourage the reactivation of the shrimp farming sector is approved

Plans for productive reactivation of the shrimp farming sector in the provinces of Manabi and Esmeraldas, the most affected by the earthquake of April 16, were set in an agreement issued yesterday by the Ministry of Environment. The document contains provisions to expedite the...
Posted On 08 May 2016
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