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Two sectors raise private investment
Posted On 29 Jun 2015
Image: Expreso
Private investment has a considerable growth since 2013, and this would thanks to the Production Code, a text approved in 2010, which has been in full force for three years and led to the signing of investment contracts for 4.137 million dollars. The money is distributed in eleven sectors.
Two of them accumulate 77.7% of the capital injections. Mining, for example, has an investment of 2,014 million dollars of a single company in a single project.
In 2013, the Chinese company Ecuacorriente signed the investment contract with the Coordinating Ministry of Production by 2.014 million. The delivered project is Mirador 1 with copper reserves.
Another leading sector is the Oil Services. To date, investment in the segment is 1,200 million.
Other segments with better data are the cement companies, with 300 million dollars, and the metalworking sector, with 210 million dollars. Nataly Cely, Minister of production, regards as positive these injections of resources because these generate employment in the country.
Sources: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8116570&idcat=38269&tipo=2
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