3.6 Ecuador Additional Services

Overview

Ecuador has capacity for service provision but not in great scale. For more information on company contact details, please see the following link:  4.11 Additional Services Contact List

Accommodation

Accommodation services are readily available in most cities, meeting security requirements. Regarding departments, now the offer is higher with the demand. In large cities there is capacity to support a large influx of demand, but in small cities it is more limited. Contact details can be found in page 4.11.

Electricity and Power

The most important measure in the energy balance of Ecuador is the total consumption of 22.14 billion kWh of electric energy per year. Per capita this is an average of 1,332 kWh.

Ecuador could provide itself completely with self-produced energy. The total production of all electric energy producing facilities is 25 bn kWh, split between fossil fuels and renewable sources (mainly hydroelectric plants), which is 113% of the countries own usage. Despite this, Ecuador is trading energy with foreign countries. Along with pure consumptions the production, imports and exports play an important role. Natural gas or crude oil are also used. 

In 2013 Ecuador began execution of a plan to increase capacity by more than 3,000MW. These projects include: Coca Codo Sinclair, Paute-Sopladora total generation will be 487MW), Minas San Francisco, total generation will be 276MW), Toachi-Pilatón. total generation will be 253MW), Delsi Tanisagua, total generation will be 116MW), Manduriacu, Termogas Machala, a power plant that is fueled by natural gas coming from the Amistad block in the Gulf of Guayaquil, and other thermal generation and non-conventional renewable energy projects (including privately run solar generation of 20MW in Imbabura, Manabí, and El Oro. Additionally, to reduce costs at times when hydro generation will be insufficient, the plan is to generate power with natural gas or locally produced fossil fuels. 

The construction of the extra high voltage system of 500KV was built to connect Coca Codo Sinclair’s generation with the Inga (Pichincha province), Tisaleo (Tungurahua province) and Chorrillos (Guayas province) substations.

In Ecuador the standard voltage is 120 V and the frequency is 60 Hz. 

(Sources: https://theodora.com/wfbcurrent/ecuador/ecuador_energy.htmlhttps://www.worlddata.info/america/ecuador/energy-consumption.php)

Financial Services

The country’s largest banks are Banco Pichincha with about USD 10 billion in assets, Banco Pacifico with about USD 5.2 billion, Banco Produbanco with about USD 4 billion, and Banco Guayaquil with about 3.9 billion. Ecuador adopted the U.S. dollar as the official currency in 2000.

Banco del Pacifico

The Banco del Pacífico is a state financial institution of Ecuador. It is currently the second bank with the highest profits in the country, surpassed only by Banco Pichincha. It also has a rating of AAA- of the risk control agency CRH Humphreys SA, surpassed only by Banco Pichincha and Banco Guayaquil.

Company Overview

Company Name

Banco del Pacifico

Address

Av. Naciones Unidas, Av. de los Shyris E7-95, Quito

(02) 373-1500

 

Available?

Comments

 

Has IBAN, BIC, or SWIFT number?

Yes

 

Provides currency exchange?

Yes

 

 

Will initiate / receive wire transfers?

Yes

 

Provides Loan / Credit services?

Yes

 

Other Comments or Key Information

Tax of 5% (Impuesto a la Salida de Divisas) over amounts of US$1098

Source: https://es.wikipedia.org/wiki/Banco_del_Pac%C3%ADfico

 

Other Locations

Region(s)

Service Location(s)

Quito

Av. 10 de Agosto N57-125 y Nicolás Arteta

QUITO, PICHINCHA

Telf.: 02-2412142

 

Av. Gonzalo Cordero OE 6-142, CC El Condado, local C 35

QUITO, PICHINCHA

Telf.: 02-2490454

 

Av. El Inca E8-178 y Las Brevas

QUITO, PICHINCHA

Telf.: 02-253557

Other

There is an extensive number of agencies in the country that can be located through province in the following link:

https://www.bancos-ecuador.com/banco-del-pacifico-banos-azuay

 

Handling Equipment

There is availability of freight handling equipment with the large transport companies in the country. In port, the company called Contecon is who has the biggest equipment for freight handling. Contact details can be found in page 4.11, and in 4.4. for Contecon.

Postal and Courier Services

There is a public postal service, but there are also international franchises for national and international correspondence such as Tramaco and Federal Express. Contact details can be found in page 4.11.


Printing and Publishing 
 

There is availability for the publishing and printing services. Contact details can be found in page 4.11.


Taxi Companies
 

Contact details for taxi companies can be found in page 4.11. In Ecuador’s major cities, yellow taxis are common. All of them are required to use a taximeter and most of them do, but on occasions you will be asked to agree on a price instead. The same laws apply in Guayaquil and Cuenca. Everywhere else they either don’t have one or don’t use it. For safety, it is more reliable to call beforehand a taxi company. Uber and Cabify are also present in main cities. 


http://www.ecuadorexplorer.com/html/about_ecuador/getting-around/taxis.html
Source

Vehicle Rental

Contact details for car rental companies can be found in page 4.11. Most big-name car rental companies have offices in Quito, as do a handful of Ecuadorian operators. To rent a car in Ecuador you need to be at least 25 years of age, hold a valid driver’s license, and carry an internationally recognized credit card. Realize, however, that car rental in Ecuador is vastly different from that in the USA or Europe, mainly because there is no CDW (Collision Damage Waiver). 

(Source: http://www.ecuadorexplorer.com/html/car_rental.html)

Waste Management and Disposal Services

Currently in Quito around 2,000 mt of waste are produced every day, which are transported and deposited in a dumping site that is near the limit of its capacity. The Quito Municipality commissioned the company INECO with the Master Plan for Comprehensive Solid Waste Management for the metropolitan district of Quito, aiming to reduce by 5% the production of solid waste per capita in the capital by 2025, increasing by 40% the mechanised collection of waste for 2015 and increasing by 60% the new alternative waste-handling models by 2019. The objective of the project is to review and validate the Plan and the Management Models, with the aim of boosting operating, commercial and organisational efficiency. The project is framed within CAF's Environmental agenda, and complements other supports aimed at improving the quality of life of the inhabitants of the Metropolitan District of Quito, such as financing for the Empresa Pública Metropolitana de Aseo (EMASEO) (Metropolitan Public Cleaning Company) for the acquisition of collection and final disposal equipment for solid residues.  This operation has the potential of impacting on the reduction of greenhouse gasses, opening possibilities for the project to access lines of green financing in the future. (Source: https://www.ineco.com/webineco/en/what-we-do/main-projects/master-plan-comprehensive-waste-management-quito)

Contact details for Waste Management and Disposal Services can be found in page 4.11.

Waste Disposal Non-Hazardous

In the following paragraphs it is described how the waste disposal is managed in the main cities of Ecuador. Contact details for companies can be found in page 4.11.

City of Quito

The city of Quito regulates the Municipal Solid Waste (MSW) final disposal through the ordinance 213. The regulation forbids abandoning any kind of waste in dump yards explicitly, however it mentions the landfill disposal as the appropriate waste management option. This municipal rule also mentions the possibility of producing energy from the MSW as long as the environmental control requirements established by the municipality about waste management (disposal methods and environmental quality standards and control) are implemented together with the project.

The waste management is currently in charge of a public enterprise created with this purpose (EMGIRS) which jurisdiction is exclusive for the Municipality of Quito.

City of Guayaquil

The Municipality of Guayaquil also has established its own regulation to regulate the MSW management . Even though there is no recommendation for a specific final disposal technology, it forbids the incineration close to urban areas. The local regulation does an especial focus on appropriate recommendations for temporary storage considering that the local weather allows a relatively quick MSW decomposition. The MSW management has been assigned to a private agent which operations follow the regulations previously mentioned.

City of Cuenca

Cuenca is the first city in Ecuador that installed a successful waste- to- energy system based on landfill gas collection. Its local norms establish the GAD is responsible of the MSW landfill disposal, nevertheless recycling and other MSW transformation initiatives will be regulated and enhanced by the local Government. The local municipal enterprise on charge of cleanliness (EMAC) is the current manager responsible of this matter.

(Source: https://www.researchgate.net/publication/268389203_Potential_of_Waste-to-_Energy_Implementation_in_Ecuador)

Waste Disposal Hazardous

Ecuador is a signatory to the The Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and Their Disposal. Regarding Waste Electrical and Electronic Equipment, Ecuador has a National Regulation for Hazardous Waste and electronic waste is treated as such. The Ministerial Agreement No. 161 defines the “Regulation for pollution prevention and control of chemical substances, hazardous and special wastes”. National Policy on post consumption of electrical equipment and disuse of electronics, applies the principle of Extended Producer Responsibility (ERP). The Ministry of Environment (as of 2015) is working on the proposal for a technical standard on how to apply the ERP principle to electrical equipment and disuse of electronics. As of 2016 there are nine companies that have an environmental licence to carry out activities in the different phases of waste management, storage, transportation and dismantling. (Source: Torres, 'Sustainable Management of Waste Electrical and Electronic Equipment (WEEE) in Latin America', available at: http://www.itu.int/en/ITU-T/climatechange/Pages/publications.aspx)

Regarding disposal of waste water, the responsibility for establishing sectoral policy is legally vested in the Subsecretaría de Agua Potable y Saneamiento" or Subministry of Potable Water and Sanitation under the Ministry of Urban Development and Housing. However, there is no clear definition of roles and responsibilities between various national and sub-national actors, nor is there an independent regulator of water supply and sanitation services. Stakeholders in the sector include the Ecuadorian State Bank, the Fondo de Inversión Social de Emergencia (FISE) or Emergency Social Investment Fund and several governmental ministries at the national, provincial and municipal level, among others. Ecuador has a National Water and Sanitation Policy, Política Nacional de Agua y Saneamiento under Executive Decree No. 2766 of 30 July 2002. A draft plan for a Water and Sanitation Sector Law was prepared, but has not yet been presented to Congress (Source: https://en.wikipedia.org/wiki/Water_supply_and_sanitation_in_Ecuador).

 

Disclaimer: Inclusion of company information in the LCA does not imply any business relationship between the supplier and WFP / Logistics Cluster, and is used solely as a determinant of services, and capacities.

Please note: WFP / Logistics Cluster maintain complete impartiality and are not in a position to endorse, comment on any company's suitability as a reputable service provider.


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