THE Ecuadorian unit of International Container Terminal Services, Inc (ICTSI), Contecon Guayaquil SA (CGSA), has set up a logistics community in the country aimed at improving the competitiveness of Ecuador businesses in foreign trade.
The first port logistics community in Ecuador and the entire region, the Logistics Community of the Port of Guayaquil (CLPG), has united stakeholders to be involved and serves as a platform for businesses with connections to the Port of Guayaquil in bringing research-based, technical solutions to optimise logistics capabilities within the supply chain.
'This collaborative, innovative and pioneering framework in the region will allow us to improve and optimise the supply chain and processes of importers and exporters operating in the Port of Guayaquil,' says Jose Antonio Contreras, CGSA CEO.
With greater logistics collaboration, businesses will be able to maximise the commercial potential of Ecuador's top commodities, while reducing costs at the same time. 'The creation of the Logistics Community of the Port of Guayaquil creates a unique vehicle to maximise opportunities for growth,' Mr Contreras adds.
The members of the logistic community, companies and business organisation, represent more than 83 per cent of Ecuador's non-oil exports. The most important in volume is the banana trade, which represents 63 per cent of the non-oil exports of the country.
Executive director of the Association of Banana Exporters of Ecuador (AEBE), Eduardo Ledesma, commented that the collaboration between and among different supply chain stakeholders ensures that the country stays on top as the world's largest banana exporter.
'The opening and approach of Contecon Guayaquil to the export sectors of Ecuador has been seen and is perceived with optimism. We, the banana exporters, see with good eyes that this initiative will allow us to reach competitive improvements for the sectors.'
Contecon Guayaquil, ICTSI's largest port project in Latin America, recently made strides towards greater trade facilitation, supporting the local economy through various investments in port infrastructure and technology.
ICTSI has already invested US$325 million for its 20-year concession period to operate the Guayaquil Container and Multipurpose Terminals at the Port of Guayaquil, which will end in 2027.
The first port logistics community in Ecuador and the entire region, the Logistics Community of the Port of Guayaquil (CLPG), has united stakeholders to be involved and serves as a platform for businesses with connections to the Port of Guayaquil in bringing research-based, technical solutions to optimise logistics capabilities within the supply chain.
'This collaborative, innovative and pioneering framework in the region will allow us to improve and optimise the supply chain and processes of importers and exporters operating in the Port of Guayaquil,' says Jose Antonio Contreras, CGSA CEO.
With greater logistics collaboration, businesses will be able to maximise the commercial potential of Ecuador's top commodities, while reducing costs at the same time. 'The creation of the Logistics Community of the Port of Guayaquil creates a unique vehicle to maximise opportunities for growth,' Mr Contreras adds.
The members of the logistic community, companies and business organisation, represent more than 83 per cent of Ecuador's non-oil exports. The most important in volume is the banana trade, which represents 63 per cent of the non-oil exports of the country.
Executive director of the Association of Banana Exporters of Ecuador (AEBE), Eduardo Ledesma, commented that the collaboration between and among different supply chain stakeholders ensures that the country stays on top as the world's largest banana exporter.
'The opening and approach of Contecon Guayaquil to the export sectors of Ecuador has been seen and is perceived with optimism. We, the banana exporters, see with good eyes that this initiative will allow us to reach competitive improvements for the sectors.'
Contecon Guayaquil, ICTSI's largest port project in Latin America, recently made strides towards greater trade facilitation, supporting the local economy through various investments in port infrastructure and technology.
ICTSI has already invested US$325 million for its 20-year concession period to operate the Guayaquil Container and Multipurpose Terminals at the Port of Guayaquil, which will end in 2027.