Presentación de la Ministra Nathalie Cely en el Simposio Global de Inversiones “Caminos a la Prosperidad”, organizado por el Club Harvard de Nueva York. 20 de septiembre de 2011
Presentación de la Ministra Nathalie Cely en el Simposio Global de Inversiones “Caminos a la Prosperidad”, organizado por el Club Harvard de Nueva York. 20 de septiembre de 2011
EC 448 tema: Presupuesto general del estado 2016 puesto fondos
Similar a Presentación de la Ministra Nathalie Cely en el Simposio Global de Inversiones “Caminos a la Prosperidad”, organizado por el Club Harvard de Nueva York. 20 de septiembre de 2011
Similar a Presentación de la Ministra Nathalie Cely en el Simposio Global de Inversiones “Caminos a la Prosperidad”, organizado por el Club Harvard de Nueva York. 20 de septiembre de 2011 (20)
Presentación de la Ministra Nathalie Cely en el Simposio Global de Inversiones “Caminos a la Prosperidad”, organizado por el Club Harvard de Nueva York. 20 de septiembre de 2011
1. Ecuador, The Center of Great Opportunities for Ethical Investment New York City- Harvard 4 th . Annual Global Investment Symposium “ Pathways to Prosperity ” September 20th, 2011
10. Record levels of public and private investment well above regional average. Source: BEC Gross fixed capital formation ( GFCF)
11. Ecuador now has a thriving population with higher quality living standards. Household consumption has grown an average of 5.3% in the last ten years. Strong Internal Consumer Demand Source: BEC
31. Significant investment in human talent 6X Fair and equal scholarship opportunities for MBA and Ph.D´s abroad Increased financial support and greater access to education Source: SENPLADES Investment in graduate scholarships More time to pay loans (number of years)
36. Countrywide telecommunications and information technology coverage. Expansion of telecommunication services Sources: Ministry of Telecommunications and Informational Society STA. ELENA SALINAS PUERTO LOPEZ MANTA PORTOVIEJO STO DOMINGO QUEVEDO MACHALA HUAQUILLAS ESMERALDAS EL PANGUI S.P. COFANES SHUSHUFINDI MACAS PUYO TENA COCA NUEVA LOJA GRAL. L. PLAZA SUCUA MENDEZ YANZATZA GUALACEO CUMBARATZA TOTORAS GUAYAQUIL TULCÁN IBARRA QUITO LATACUNGA AMBATO RIOBAMBA AZOGUES CUENCA GUARANDA BABAHOYO 2006:1,413 km of fiber optics 2011: 6,780 km of fiber optics 23 provinces
39. General Investment Incentives Reduction of Income Tax (IT) rate: Reduction from 25% to 22%. 1% each year beginning in 2011. Exemption from the minimum Income Tax calculation for incremental expenses for new jobs or salary increases, purchases of new assets for productivity and technology improvements, cleaner production . For new companies: exemption from the minimum tax payment for the first 5 years. Exemption from Currency Outflow Tax (ISD) for payments sent overseas to pay foreign loans, with a term of over one year and at a rate not higher than that authorized by the Ecuadorean Central Bank (BCE).
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41. Incentives for SME National Guarantees Fund for SME. Benefits to access the stock market. Co-financing programs for development of SME´s (innovation, quality, entrepreneurship). Support programmes to encourage exports from SME´s.
42. Incentives to foster SME productivity Extra income tax deductions for expenditure and investments in the following items: Technical training geared towards R&D and innovative technology (up to 1% of the annual wage and salary expense s ). Expenditures toward improving productivity (up to 1% of sales). Expenditures on the international promotion of the company and its products (up to 50% of promotional and advertising expenses).
43. Green Production For Income Tax calculation purposes, there will be an additional deduction of 100% from the expense of purchasing machinery and equipment for cleaner production and for the implementation of renewable energy systems (solar, Aeolic, or similar).
44. Special Economic Development Zones A further reduction of 5 percentage points on Income Tax for managers and operators of ZEDE on a permanent basis (17% total). If said managers and operators are in a Preferential Sector and it is new investment, 0% income tax applies for 5 years. The import of goods will have a 0% VAT rate. Foreign goods, while they remain in said territory, will have no tariff payments. Managers and operators will have tax credit on the VAT paid on their local purchases of services, supplies, and raw materials for their production processes. Exemption from the Currency Outflow Tax (ISD in Spanish) for payment of imports and payments sent overseas to pay foreign financing.
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46. Incentives for investing in depressed areas Companies making investments in economically depressed areas may take advantage, for the first 5 years, of the additional 100% deduction on expenditure for new jobs created in the area. Priority given to productive investment. A “ depressed area ” will be defined by indicators, such as lower human, economic, and social development.
47. Private investment protection Incentives Agreed arbitration Investment contracts Safe Investment All these instruments of Ecuadorean Law work together to protect private investment
48. Public and Private Partnership towards competitiveness: Productive Transformation Agenda
54. The extent of Ecuador´s Natural Reserves and National Parks is equal to the entire territory of Costa Rica.
55. The Constitution of Ecuador is the first one in the world to recognize the rights of Mother Nature (Pacha Mama: Mother Earth in Kwicha)
56. Ecuador. Where the world is in your hands. Completely different worlds in only a few minutes ’ flight: The Galápagos archipelago, the Pacific Coast, the Andes, the Amazon jungle.
58. Cuenca and Quito: Cultural World Heritage Cities Sangay National Park
59. For several consecutive years, Ecuador has been ranked in First Place as a best place to retire Source: International Living magazine
60. USD $5 BILLION ENERGY AND OIL REFINERY INVESTMENT OPPORTUNITIES
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63. Benefits: Import reduction: USD $3 Billion per year Construction jobs: Direct 25,000 Operations jobs: Direct: 2,500 Indirect: 10,000 Source: Ministry of Electricity and Renewable Energy Pacific Refinery
65. Job generation: Direct: 7,200 Indirect: 25,000 Estimated investment: US.$ 5,1 billion The Mining Sector is being responsibly reactivated under the principles of sustainability and efficiency. Source: Ministry of Electricity and Renewable Energy Mining
66. USD $6 BILLION INFRASTRUCTURE DEVELOPMENT PLAN 2011-2013
68. Ports and Airports Seaports: 2011- 2012 Manta Esmeraldas 2013 Puerto Bolívar Airports: 2011 Baltra: already granted 2012 – 2013 Manta Latacunga Tena Santa Rosa
69. Investment US$1,527 millions Irrigation and Flood Control Projects The national government is investing in public works projects with an focus to will ensure the vital cycle of water, its quality and fair distribution, human consumption, its responsible use, and return to its sources. By 2013, construction of 9 projects will start
Ladies and gentlemen, distinguished members of the audience, friends of the Harvard Club, I am here today to reframe your perception about Ecuador as a country, and tell you, show you, the reality of a government that working to shape a new country paradygm. KEY WORDS: REAL TIME – YOU DECIDE – IMAGINE -
Alusion al centro del planeta – epicenter of business
Growth Drivers.....
The Ecuadorian Economy has expanded at an average of 4.5% over the past ten yearas, while the non oil economy grew 5% annually during the same period
Ecuador has a high growth potential thanks to high investment rates. Above 21% average of Latin America. Gross fixed capital formation ( GFCF)
Agregar un comparativo con unemployment in other latin american countries.
Noticeable drop in poverty rate within rural areas, especially for afro-Ecuadorians, women, and the sub-employed
The poorest now have access to credit and other financial instruments to get out of poverty
Stimulating productive transformation
4 new regional aiports: Tena, Santa Rosa, Macas, Lago Agrio, renovation of 1 international (Latacunga). Delegation of Baltra in Galapagos Island. USD.208 ’ 000.000 invertidos en: Rehabilitación de 10 aeropuertos. Construcción Integral de los aeropuertos Santa Rosa y Tena. Nuevos sistemas de navegación aérea. Concesión del aeropuerto ecológico de Baltr
AHORA: entre 2007 y junio 2011:133 Puentes, 7.530 m. Inversión: USD 401 millones MEGAPUENTES: 1.- Puente Segmental Sobre el Río Babahoyo 1.975m. 2.- Bahía San Vicente 1.980m. 3.- Estuario sobre el Río Esmeraldas 434m. 4.- Napo 590m.