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Tiny Ecuador Invests Big in Tourism

Article Summary:

Over the past four years, Ecuador has invested $828 million in the tourism industry and initiated over 150 specialized tourism projects around the nation.

Photo Credit: New York Post

Original Article Text From Caribbean News Digital via Google Translate :

Ecuador Invested over $ 800 Million in Tourism

Over $828 million was invested in the tourism industry of Ecuador for the last four years, financed by public and private sectors, according to government statistics the South American country.

In a statement, Deputy Minister of Tourism, Luis Falconi, said that in that period were launched about 150 projects around the country.

Among the works mentioned the Walk November 3, opened in 2012 and which was regenerated part of Cuenca gorge. Furthermore, in the island of Puna (Guayas) developed several tourist facilities and Cochasquí (Pichincha) camping area.

Similarly, among the investments announced are the Nueva Loja park and pier of Puerto López (Manabi).

Falconi said that the tourism sector employs about 100 000 people currently, compared to 36 thousand in 2006.

According to Central Bank figures, the accommodation and food sector grew 16.3% in the first quarter of 2012 compared to the same period of 2011 and 20.6% in the second quarter.

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From Caribbean News Digital

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