The regulations include reforms in the stock market, Public-Private Partnerships, telecommunications and free zones.
On the afternoon of this February 22, 2022, the Government of Guillermo Lasso will send to Assembly his second major initiative in economic matters.
The draft Investment Law seeks to underpin the strategy to attract at least $30,000 million new investments until 2025. Of that total, $10,000 million are related to infrastructure projectsespecially highways.
According to Roberto Salas, technical secretary of Public Private Partnerships (PPP), the regulations simplify and facilitate the processes; In addition, it establishes incentives and real controls so that the actions of the private investors It does not remain only in the works, but it is maintained in the maintenance of the same throughout the years.
Another pillar of the attraction of private investment will be the strengthening of free zones. The project, which the Executive will deliver to the Assemblycontains tax incentives and the freedom that these free zones can be established anywhere in the country.
It aims to achieve the realization of productive projects in sectors such as logistics, telecommunications, tourism, among others
Without a developed stock market there will be no growth
Another pillar of Investment Law it is a comprehensive reform of the stock market. The main objective is that this market really becomes a financing option for companies in the country.
In addition, a new system of controls is configured to avoid, as the Minister of the Economy, Simón Cueva, assured, the repetition of irregular handling and scams such as that of the Police Social Security Institute (Isspol).
At the same time, the regulations present incentives for steps to be taken towards the unification of the two stock exchanges that currently exist in the country. (JS)
DATA.- The Investment Law will be sent with the character of urgent economic, which means that the Assembly You will have a maximum of 30 days to treat it.
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