Marcelo Pazos H. Director Commercial Office of Pro Ecuador in Korea

[email protected]

Capital: Quito (1st. World Heritage of Humanity by UNESCO in 1978) Population: 14’483.499 (Census 2010), 15’520.973 (2013 official projections) (75% urban, and 25% lives in rural places)

Total surface area: 283 561 km² Natural regions: Coast, Andean region, Amazon jungle, Galapagos Islands – 2 Hemispheres – 4 Worlds Currency: US Dollar GDP (PPP): 134.7 billion (2012) Per Capita: $8,800 (est.) Administrative structure: 24 provinces, 1 Metropolitan District (Quito) and 1 Special Regime (Galápagos Islands) Time zone: -5 hours GMT (territory) -6 hours (Galágapos Islands)

Type of Government: Presidential Republic. Ecuador is a constitutional state of rights and justice, social, democratic, sovereign, independent, unitary, intercultural, pluri-national and secular. It is organized as a republic and governed in a decentralized manner. (Political Constitution, Art. 1)

President: Rafael Correa Delgado Official Language: Spanish. Religion:

80.4% Catholics 11.3% Protestants 8.05% atheist and agnostics

(Census 2010)

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•

Ecuador: a stable and safe country for private investment • •

• • •

• •



Ecuador: A trend of stable economic growth 7,8

8 7

6.4

Porcentaje (%)

5

4.3

4.0

4 3

5.9

5.6

6

3.3

5,0 Ecuador

3.1 Latin America América Latinaand y the elCarribean Caribe

2.2

2

1.0

1 0 -1

-1.9

-2 2007

2008

2009

2010

2011

2012

Latin American Average GDP Growth 2007- 2012 = 3.5% ECUADOR = 5% Source: Central Bank of Ecuador

Great Social Cohesion and Human Talent • • • • • • • •

Fair and equal scholarship opportunities for MBA and Ph.D´s abroad

Increased financial support and greater access to education

Investment in graduate scholarships

More time to pay loans (number of years) 398,02

8.49

15

45.68% 5.33

4.65

273,21 7

3.70 5 4 1.28 0.47 1973 a 2006

2007 a 2011

4

15

Higher Education, Science and Technology 2.2

Gasto público en educación superior como % del PIB (2009) 1.8 1.6 1.6 1.3 0.9

0.8 0.6 0.4 0.4

0.5

0.7

0.9

1.1 1.0 1.0

1.1

1.4 1.3 1.3

1.4 1.4

This year Ecuador1.2will 1.3 invest 782 million dollars toward research and technology. 4 1.1 1.0 1.0 0.9 0.9 times the amount of the prior year. The WEF 0.9 0.7 Report indicates that Ecuador has risen 60 spaces in the last 5 years as it relates to innovation.

Fuente: Banco Mundial. Matrícula ESD UNESCO, Data Center

Government capital expenditure in Latin America (2011) – as % of PIB Government expenditure (2011)

Average for Latin America and the Caribbean 5.7%

Source: CEPAL. NOTE: 2011 – latest data available

Average for Latin America and the Caribbean

Ecuador's´unique mega-diversity • • • • • ¨ •

¨

An Ecological Reserve

Yachay: City of Knowledge

VIDEO LINK

MASTER PLAN FOR YACHAY CITY- PHASES OF PROJECT Category Total Area of the Project

Surface (㎡)

Composiction rate(%)

46,003,323

100.0

4,974,273

10.8

431,899

0.9

Industrial Facilities Area

3,451,879

7.6

Tourism Facilities Area

1,140,694

2.5

Yachay City Administration Area

1,036,065

2.3

Knowledge Investigation Public facilities

11,767,023

25.5

Conservation, Protection and Green Areas

23,201,490

50.4

Residential Area Trade and Business Area

First Phase: University Campus Completion

Restoration of heritage cites Restoration of Hacienda San Jose

• University Administrative Offices • Office of the University president • Student help centers

Restoration of El Rosario House (Hacienda San José)

• Housing for professors and and research staff

Restoration of Casa de Zafreros

• Dormitories for students

Restauration of Sugar Mill

• • • •

Classrooms Library Cafeteria Inicial labs for professors

Casas Zafreros San José - Original State BEFORE

Casas Zafreros San José - Current progress NOW

Casas Zafreros San José - Final

Hacienda San José BEFORE

Hacienda San José NOW

Hacienda San José - Final

Patrimonial University Campus

Laboratories and Auditoriums

• Auditorium Style Classrooms • Auditoriums • Laboratories for undergraduate studies • Datacenter • Finished April 2014

Vice President of Academics- Facilities

• Ofices and Show room spaces

• Finished April 2014

New University Campus

Invest in ECUADOR Invest in

Ethical Investments

Four Investment Ethics: 1. Ethics with employees 2. Ethical practices towards the environment 3. Ethics with the State 4. Ethics with consumers

Organic Code of Production - COPCI Quito- December 29th of 2010 Official Registry N°351

• An organic law with specific regulations for each area. • Supports the production process in the stages of production, distribution, exchange, trade, consumption, externalities management and investment oriented to the productive realization of Good Living • Provides tax and non-tax incentives to investments in the Ecuadorian Territory

Prioritized Sectors

Forestry, resulting in manufactured products

Tourism

Petrochemical

Fresh and Processed food

Renewable Energy

Biotechnology and applied software

Pharmaceutics

Metal Works

Logistics services

Imports Substitution Sectors

Chemical substances Pesticides and other chemical Soaps, detergents, products for agricultural use perfumes and toiletries

Radios, TVs and cell phones

Clothing and textile

Chemical products

Leather and shoes

Ceramic products

Home appliances

Ecuador's Legal Framework

Investment Incentives

Business environment

Investment contracts

Safe and profitable investment

Partners in Productive Matrix Change IT/ICT Renewable Energy

Nanotechnology

Prioritized Sectors Life Sciences

Regional Market Demand

Petrochemistry

Offers for High tech local industries

Substitution of Imports

CONTRIBUTION TO THE CHANGE IN THE PRODUCTIVE MATRIX Aggregated Value

Entrepreneurship

Substitution of exports

Prioritized Sectors and Industries PRIORITIZED AREAS OF KNOWLEDGE ICT/IT

LIFE SCIENCES

RENEWABLE ENERGY

NANOSCIENCES

PETROCHEMISTRY

FIRST INDUSTRIES FOR DEVELOPMENT AND STRENGTHENING AGRICULTURE IT COMMUNICATION EQUIPMENT

AGRICULTURE TECHNOLOGIES PHARMACEUTICAL S MEDICAL EQUIPMENT

TOURISM

BIOENERGY

SMART TEXTILES

COSMETICS

APPLIANCES

R&D OIL DERIVATIVES

TRANSPORTATION AND LOGISTICS

R&D PLASTICS

2nd. Phase of the project: High Technology Industries

Areas for industrial development:

Technology Park

R&D Centers

Industrial Park

Production Plants

Investment Components- Yachay Investment Amount Estimated time projection and project phases Total employment numbers; including local staff Professional profile of human talent to hire Expectations of market expansion Potential links with Yachay University

Technology Transfer opportunities Development of R&D