Infrastructure market in Ecuador

Ecuador has a wide range of opportunities in areas including:

  • renewable energy
  • mining
  • roads
  • transportation

Over the past decade, Ecuador's economy has become more resilient, despite global and domestic challenges. After navigating the pandemic and energy constraints, the country continues strengthening key sectors such as:

  • infrastructure
  • renewable energy
  • agriculture
  • aquaculture
  • mining
  • tourism
  • digital innovation

The government prioritizes investment and actively promotes public–private partnerships (P3) to accelerate Ecuador’s development. Supported by a solid legal framework and a growing project pipeline, P3s are driving opportunities in transport, sanitation, and energy.

Key opportunities for Canadian infrastructure companies in Ecuador

Mining

Canadian companies have key opportunities in Ecuador’s mining sector, particularly in the exploration and development of copper, gold, and silver projects. The country seeks to attract foreign investment with a favourable regulatory framework and underexplored mineral reserves. Ecuador’s strategic location and growing infrastructure create a strong environment for joint ventures, technology transfer, and sustainable mining practices. Canadian firms are strategically positioned to lead in responsible resource extraction and contribute to the sector’s modernization.

Roads, ports, and airports

Industry highlights

USD 402.05 million in Canadian exports to Ecuador in 2024 

USD 180 million in government spending allocated to infrastructure in 2024 

11% of Ecuador’s GDP comes from infrastructure. 

1.5 million jobs in Ecuador’s infrastructure sector (direct and indirect) 

Transportation infrastructure is central to Ecuador’s development plan. The government prioritizes highway modernization, logistics corridors, and port upgrades to strengthen trade integration. P3 models are being promoted for major projects, including highways connecting coastal and inland production centers, as well as expansions of seaport and airport facilities. Urban development initiatives such as the new Quito’s Metro highlight the government’s commitment to sustainable mobility.

Energy

This sector is considered the backbone of national competitiveness. Ecuador has abundant hydropower resources, which cover a significant share of domestic demand. To improve energetic resiliency, authorities are promoting new investments in renewable energy (solar, wind, geothermal) and efficient thermal plants. Transmission projects are also planned to integrate renewable capacity and improve connection between regions. 

Water-treatment plants and wastewater systems

Expansion of current infrastructure is required to improve coverage and quality, particularly in growing urban areas. Multilateral financing supports many of these projects, and P3 models are being explored for large-scale urban systems.

Telecommunications infrastructure

Digitalization is seen as essential for competitiveness. Policy initiatives aim to develop a modern digital ecosystem that benefits both domestic enterprises and foreign investors. Telecommunications infrastructure, e-commerce, and fintech services are key to achieve that goal.

Notable challenges for Canadian infrastructure companies in Ecuador

  • P3 projects in Ecuador involve a wide range of stakeholders. Canadian companies must expect to discuss with many stakeholders.
  • The Ecuadorian government invests very little in infrastructure projects. To attract foreign partners, financial solutions will be needed.
  • Having a local partner is highly recommended when doing business in Ecuador to facilitate communication and better understand of the local business culture.

Ecuadorian business landscape

Ecuador has a beneficial location on the Pacific coast, equidistant between major North and South American markets. Its dollarized economy eliminates exchange-rate risk, facilitating trade and financial transactions. The country’s logistical assets are central to its business proposition:

  • Ecuador operates major deep-water ports such as Guayaquil, Manta, and Esmeraldas. Guayaquil is the country’s principal main and one of the busiest in the region for container traffic, serving as a hub for agricultural and industrial exports. Manta and Posorja have been expanding capacity, with private investment supporting modernization to handle larger vessels.
  • Quito’s Mariscal Sucre International Airport is consistently ranked among the most efficient in Latin America. Together with Guayaquil’s José Joaquín de Olmedo Airport, it connects Ecuador with North America, Europe, and regional destinations. These facilities support both passenger and cargo services, making Ecuador attractive for time-sensitive exports like flowers and fresh seafood.
  • The national road system includes the Pan-American Highway, which runs the length of the country and connects Ecuador with Colombia and Peru. Continuous improvements and P3-led projects are expanding logistics corridors that link production zones with ports and urban markets.

Summary

Ecuador is positioning itself as an investment destination that combines natural advantages, strong government commitment to priority sectors, and an expanding role for private capital. The country is opening new spaces for collaboration between public authorities, private investors, and international partners, offering its:

  • growing market
  • dollarized economy
  • modernizing logistics
  • forward-looking development agenda

The infrastructure market offers dynamic opportunities in one of South America’s most strategically located nations.

For more information on Infrastructure in the Ecuador market, please contact Edgar Brito (edgar.brito@international.gc.ca), Trade Commissioner for the Infrastructure sector in Ecuador.

Additional Information

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