The recently appointed Minister of Industry and Productivity, Ramiro Gonzalez, is concerned for the “alarming reduction of foreign investment in the country”, after seeing the report of the Economic Commission for Latin America and the Caribbean (ECLAC), which revealed that Ecuador in 2012 received $ 364 million, while in the same period its neighbors Colombia and Peru got $ 15,823 million and $ 12,240 million, respectively.
Gonzalez said “of course is worrying and the government’s actions will aim to capture a serious foreign investment, with social responsibility in the country.”
He also made a call to the national financial sector to work hand in hand with public entities that promote productive credit “to help generate initiatives like export consortia, which are fundamental for the development of the country and in another countries has produced excellent results “, with the objective of boosting the economy, he added.
According to ECLAC, Brazil takes the lead in attracting foreign investment, with $ 65,272 million, while Paraguay is in the last position with $ 273 million. Ecuador is in penultimate position.