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.
the port operator, together with national government and port authority representatives, recently 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.
“The ZEDE promoted by Contecon Guayaquil S.A., has an unbeatable location, next to the Guayaquil Maritime Port, whose scheme has an absolutely clear and stable regulatory framework that will enable the development of long-term financial and tax planning while also covering activities included in the prioritized sectors of the Ecuadorian economy,” explained José Antonio Contreras, CGSA General Manager.
