Continued low oil prices have impacted the economy and made it susceptible to oil price shocks, due to its reliance - albeit decreasing - ont he oil industry. Subdued economic growth has further impacted Ecuador's liquidity postion, which could cause delays in accessing foreign currency. With the vistory of President Lenin Moreno, the commercial environment is expected to see gradual improvements as he takes a more open and collaborative approach to private and foreign investment. The government is focused on diversifying the economy with planned investment into the energy, infrastructure, and the transportation sector.
- Construction & Infrastructure
- Mining & Metals
- Oil and Gas