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Richard Martinez: Companies have stopped contracting
Posted On 10 Feb 2016
Image: El Universo
The Ecuadorian Business Committee, which brings together 50 trade unions of industry, commerce, telecommunications, banking and other sectors, will draw up a list of investments to take advantage of the Law on Public-Private Partnerships (APP). Its president Richard Martinez talks about the perspectives for 2016.
Martinez said that the companies start to report declines in sales, accounts receivable lengthen. “It will be a difficult year, we foresee that there may also be opportunities for companies to identify specific niches that, in different circumstances, had not been observed.”
On the APP law, they will hold an event to provide entrepreneurs the tools for the structuring of the Public-Private Partnerships programs and a parallel catalog that “will take several months to identify foreign investors that may come to complement local investment.”
