• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Two corners of Ecuador in the world ranking of the best towns for tourism
Ecuadorian companies promote IDEA law in favor of Ecuador in Washington
Ecuador incorporates 25,000 hectares of paramo to its protected areas
Former comptroller Pólit ‘helped’ a corrupt businessman get an appointment with Correa
Ecuador still has one of the weakest passports in Latin America
The European Union increases its banana consumption
This is how Quaker oats are made, a product that has been in Ecuador for several decades
Economy in 2024: stagnant, without the ITT and with a mining sector in decline
Bird flu detected in dead birds in Galapagos
El Niño phenomenon: alert status changes from yellow to orange in Ecuador

Agroindustrial company has invested $ 7 billion in the country

Posted On 14 Aug 2018

Ecuadornews:

The company Elalco is one of the private companies that bet to invest in Ecuador. The Minister of Foreign Trade, Pablo Campana, visited on Tuesday, August 13, the agro-industrial company to verify the advances in investment.

Elalco, domiciled in the Mulaló parish of the canton Latacunga, in the province of Cotopaxi, has invested seven billion dollars in 4 production lines with export projection. “We attract foreign investments and the companies that operate in the country reinvest in Ecuador,” Campana said on his Twitter account.

Annually, Elalco produces and processes eight thousand cubic meters of wood. In addition, around 200 jobs are generated. The main beneficiaries are inhabitants of the province. In the medium term, the company intends to become one of the main raw material suppliers in Ecuador.

Hours earlier, the minister met with US company Optimar, future client to carry out investment projects in the country. “Ecuador is becoming an ideal country for investments,” added Campana. (I)

Source: https://www.eluniverso.com/noticias/2018/08/14/nota/6904424/saberes-nacionalidad-ai-kofan-encuentro

About the Author
  • google-share
Previous Story

An Ecuadorian is arrested in Mexico with almost two tons of cocaine

Next Story

They denounce Rafael Correa and Galo Chiriboga for the Gonzalez case and others

SEARCH

LATEST NEWS

Two corners of Ecuador in the world ranking of the best towns for tourism

Posted On 28 Sep 2023

Ecuadorian companies promote IDEA law in favor of Ecuador in Washington

Posted On 28 Sep 2023

Ecuador incorporates 25,000 hectares of paramo to its protected areas

Posted On 27 Sep 2023
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net