Economy of Ecuador - Current Infrastructure Development

Current Infrastructure Development

The industrial sector has had enormous difficulty to emerge significantly. The industrial sector's main problem is the deficit of energy, which the current government has tackled with the improvement of performance on existing hydro plants, and the creation of new ones. Such projects currently include negotiation of the Coca-Codo hydroplant. Incentives of financing, tributary incentives, tariffs, and others will be implemented, that is intended to benefit areas of tourism, foods process, renewable and alternative energies, bioenergies, pharmaceutical and chemical products, biochemical and environmental biomedecine, services, automotive metallurgical industry, footwear, and automotive parts and pieces, among others.

Read more about this topic:  Economy Of Ecuador

Famous quotes containing the words current and/or development:

    “What in fact have I achieved, however much it may seem? Bits and pieces ... trivialities. But here they won’t tolerate anything else, or anything more. If I wanted to take one step in advance of the current views and opinions of the day, that would put paid to any power I have. Do you know what we are ... those of us who count as pillars of society? We are society’s tools, neither more nor less.”
    —Henrik Ibsen (1828–1906)

    “Women, because of their colonial relationship to men, have to fight for their own independence. This fight for our own independence will lead to the growth and development of the revolutionary movement in this country. Only the independent woman can be truly effective in the larger revolutionary struggle.”
    —Women’s Liberation Workshop, Students for a Democratic Society, Radical political/social activist organization. “Liberation of Women,” in New Left Notes (July 10, 1967)