• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Extra and eco gasoline prices at $2.40 and diesel at $1.75 are already in force in Ecuador
Ministry of Agriculture began the delivery of seeds, inputs and subsidized fertilizers up to 70%
Guillermo Lasso: ‘Now together we begin the task of transforming this peace into progress, well-being and opportunities for all’
Government and Conaie agree to end the strike after a tense morning
Ecuador asks Mexico for a response on bananas and shrimp
Losses in the non-oil export sector amount to $85 million in 16 days of strike
The Government withdraws from the dialogue table after the death of a soldier
Popular oil would arrive in stores from this week at prices ranging from $1 to $1.25
Legislators denounce pressure and threats to vote for the removal of the President of the Republic, Guillermo Lasso
Conaie agrees to meet with representatives of all State powers

Unfinished works at Yachay University

Posted On 13 Sep 2017

Ecuadornews:

 

 

Five buildings abandoned since 2015 due to structural failures, and an overestimation of investments made in Yachay were the main conclusions of the visit made yesterday by President Lenin Moreno to the facilities of the state university.

Moreno toured the abandoned buildings, which would not be rehabilitated until 2019. According to Yachay’s technical manager Jorge Ponce, these were erected without access roads or utility services. To recover them, “no less than $ 50 million” is needed.

The examination was conducted by Jorge Martinez, manager of the Yachay Public Company, since August. He said that the investments in national and international companies announced in the government of Rafael Correa are not real. During the transition, it was stated that the private corporation invested $ 55 million, but “only $ 2,877,000 were invested; this means that neither the $ 284 million that were announced nor the $ 3 billion to install an electric car factory exist.”

The project was approved in 2014 with a budget of $ 1,041 million, of which $ 347 million has been disbursed (68% from state resources and 32% from a credit from China).

To the financial and infrastructure problems is added the current expenditure. The cost of staff is forecast at $ 13.5 million for 746 people, according to figures released yesterday. (I)

 

 

Source: http://www.eluniverso.com/noticias/2017/09/13/nota/6378649/yachay-se-reestructura-mantendra-credito-chino

About the Author
  • google-share
Previous Story

There are letters from the government of Rafael Correa in the computer of Ricardo Rivera

Next Story

EP Petroecuador will export six cargoes of crude

SEARCH

LATEST NEWS

Extra and eco gasoline prices at $2.40 and diesel at $1.75 are already in force in Ecuador

Posted On 01 Jul 2022

Ministry of Agriculture began the delivery of seeds, inputs and subsidized fertilizers up to 70%

Posted On 01 Jul 2022

Guillermo Lasso: 'Now together we begin the task of transforming this peace into progress, well-being and opportunities for all'

Posted On 30 Jun 2022
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net