ICTSI Ecuador unveils special economic zone at the Port of Guayaquil
Contecon Guayaquil S.A. (CGSA), International Container Terminal Services, Inc.’s subsidiary in Ecuador, welcomes the creation of a special economic zone at the country’s main seaport as an immense opportunity to boost the country’s foreign trade.
On 20 April, the port operator, together with national government and port authority representatives, formally presented its Declaration of Special Economic Development Zone (ZEDE) – a high-impact project that aims to strengthen the competitiveness of Ecuador’s exports.
ZEDE will be situated in an area adjacent to the Port of Guayaquil – considered a prime and strategic location due to the port’s interconnectivity with the country’s main production centers, other maritime ports, and airports – creating a hub of strategic interest for national and international investments.