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BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Companies agree to boost production and replace imports

Posted On 24 Mar 2014
Companies agree to boost production and replace imports

Companies agree to boost production and replace imports

After four months of working on the substitution of imports, the Government points out that there are already results. In the process, it is expected to realize a total of $ 200 million in new exports. In addition, the Ministry of industries and productivity (Mipro) ensures that this year is promised an investment for USD 264 million, and USD 240 million were replaced in the last four months.

According to Minister Ramiro González, 363 agreements have been signed with some 400 companies in the country, to boost local production and go to an import-substitution. However, there are companies that still have problems to import.

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