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November 19, 2009

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Economy based on nature's best

Since Ecuador is located in a privileged part of the world, and also due to its vigorous landscape, it has a variety of microclimates as well as plenty of sunshine, which makes it suitable to grow high-quality products.

Coffee

Ecuadorian coffee is exported to more than 50 countries and regions, including Germany, Poland, Russia, Colombia, Latvia, England, the USA, and Japan. Ecuador is one of the few countries that produces and exports both species of commercial coffee: Arabica (Coffea arabica) and Robusta (Coffea canephora). This allows it to create excellent mixes that combine and highlight the organoleptic attributes of flavor and aroma with taste and body.

Cocoa

Cocoa has been Ecuador's main export for several decades. Today, Ecuador is the world's largest supplier of fine cocoa. The incomparable flavor and floral aroma of Ecuadorian cocoa beans are unique and renowned all over the world. The Ecuadorian variety "Nacional" is known as "Cocoa Arriba." Main export markets are the United States and Europe Union.

Bananas

Ecuador is the world's No. 1 exporter and No. 4 producer of bananas, with more than 50 years' experience in the cultivation and exportation of this popular fruit.

Thanks to its warm climate conditions, the country supplies bananas all year long, meeting the highest quality standards. The country has 180,000 hectares of plantations in nine provinces, Los Rios, El Oro and Guayas being the largest.

The main export varieties are the Cavendish Valery and Williams. In addition, the country also exports other fresh musa varieties, such as baby bananas, plantains and red bananas.


Manta-Manaus Corridor: Integrating Pacific and Atlantic through Amazon

In 2020, Ecuador hopes to convert Manta into the principal port on South America's Pacific coast. A docking center will connect the rest of the country and much of the northern half of the region through a network of roads and waterways.

This project is known as the Multimodal Project Manta-Manaus because it integrates the modern Manta International Airport, formerly a US military base to combat the production and trafficking of narcotics, several railways and waterways. This multimodal system will make it easy and cost-saving to move cargo and goods from Belm, on Brazil's Atlantic coast, up the Amazon to Manaus, then over to Ecuador and Manta on the Pacific coast.

"Manta's strategic location and relative proximity to the Asian markets gives it an important advantage for cargo transport. This and the depth of the port -- more than 9 meters deep -- are what attracted HPH (Hutchison Port Holdings)," says Andrea Ricaurte, an economic analyst with Ecuador's Analytica Securities.

Strategic appeal

The port itself was awarded as a 30-year concession in 2006 to Hong Kong's HPH. The company has finished initial work of shoring up Manta's existing piers and in September 2008 began construction of a new fishing terminal. The facility will serve local and international boats with a focus on tuna. Manta processes around 30,000 tons of tuna annually.

Major development will begin in 2011 with the construction of container terminals and storage facilities with an aim to make Manta one of the largest ports in the Pacific. When completed in the 2020s, the container hub will handle between 1.6 million and 1.8 million TEUs (20-foot equivalent units) a year. Manta currently handles around 50,000 TEUs a year.

When the road-river system is completed, a feasibility report said, it would allow goods to travel from Brazil to Asia in 20 days, less than half the average time it takes using the Panama Canal. The expansion will easily place Manta third in Latin America in container handling capacity, behind Santos of Brazil with 2.9 million TEUs and Kingston of Jamaica with 2.2 million TEUs. Roses: 400 varieties of love

Ecuador is the place where the best and the largest roses in the world are grown. Thanks to the unique climate benefits of the country, Ecuador roses grown at more than 2,000 meters above sea level are best known for having long stems, large rose heads, intense colors and a long vase life, thus giving the product a competitive advantage with respect to other rose exporting countries.

This together with the large varieties -- more than 400 in less than 4,000 cultivated hectares -- puts Ecuador at the forefront of innovation in the industry. Event FHC China 2009

Ecuador will take part in the 13th International Exhibition for Food, Drink, Hospitality, Food Service, Bakery and Retail Industries through tomorrow at Shanghai New International Expo Center. Its stand is No. 2Q25 in Hall West 3. Websites of Interest


For further information about Ecuador and its projects, please visit the following Websites:

Tourism

www.turismo.gov.ec

www.ecuador.us/tourism

www.ecuador.travel/en

Project Yasuni-ITT

www.yasuni-itt.gov.ec

Project Manta-Manaus

www.investmanabi.com

Commercial Opportunities

www.ecuadorexporta.org/inicio.ks




 

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