DFC

                                                                            Main navigation

      
      Who We Are
                            About Us
                      Overview
                      Careers
                            Hiring Paths
                      Career Paths
                      Events
                      DEIA
                      Contact
                      Our People
                            Executive Staff
                      Board of Directors
                      Development Advisory Council
                      What We Do
                            Our Work
                            Regions
                      Sectors
                      Initiatives
                      Active Projects
                      Investment Stories
                      What We Offer
                            Our Products
                            Debt Financing
                      Equity Investments
                      Investment Funds
                      Feasibility Studies
                      Political Risk Insurance
                      Technical Assistance
                      Work With Us
                            Where We Work
                      Investment Policies
                      Eligibility Checklist
                      Apply
                      Our Impact
                            Approach to Impact
                      Transaction Data
                      Reports
                      Transparency
                            Overview
                      Office of Accountability
                      Office of Inspector General
                      Media
                            Newsroom
                      In the News
                      Speeches & Testimony

                                Search...
                Keywords
Apply  Strengthening global supply chains with a modernized port in Ecuador
 Western HemisphereWestern HemisphereMore from Western Hemisphere

    
        InfrastructureInfrastructureMore from Infrastructure
            Challenge

Ports are critical to coastal, export-rich economies such as Ecuador. Despite its dependence on exports for income and jobs, Ecuador has an outdated and congested port infrastructure, much of which is inaccessible to modern ships.

Although much of the produce Ecuador exports is produced in the country's southern El Oro province, it must be shipped by truck for more than 100 miles to reach a suitable port, a time-consuming process that raises the risk of spoilage.

In 2016, the Government of Ecuador prioritized the expansion and modernization of El Oro's local port, Puerto Bolívar.

Solution and Impact

A DFC loan of up to $150 million will support the expansion and modernization of the Puerto Bolívar container port in Ecuador's El Oro province. The project will improve the security of global supply chains by making it more efficient for businesses in Ecuador to import and export goods. Upgrades including the addition of cold storage facilities, modern electrified cranes, and the dredging of approach channels will allow the port to accommodate larger ships, expanding the port's capacity.

The expansion is expected to increase both the overall volume and the quality of goods transited through the port and to increase Ecuador's port traffic capacity by 34 percent.

The port expansion will also create jobs and spur investment in a country that has not yet recovered from COVID-related economic disruptions. The port's expansion is expected to support up to 1,250 direct and indirect jobs, attract up to $750 million of foreign direct investment, and generate more than $100 million in revenue transfers to the local municipality.
 Follow UsStay connected with DFC news and updates!
Sign Up
      
        U.S. International Development Finance Corporation1100 New York Ave NW, Washington, DC 20527Info@dfc.gov | +1 (202) 336-8400
                            
                                                Footer - Quick Links 1
  

        
      White House
                      usa.gov
                      Office of Inspector General
                      Archived Reports
                      Privacy
                      Accessibility
                      Vulnerability Disclosure Form
                      Information Quality Guidelines
                      FOIA
                      EEO Office ×
 Keywords
Apply