The business summit held days ago generated contacts between private parties. Nobis has attracted the interest of several investors for the real estate sector.
The Ecuador Open for Business He left open business opportunities. East It was a space to attract investment for both public projects and private initiatives that took place on November 18 and 19. The Nobis Consortium had the possibility of generating connections with private investors mainly in the real estate area and also for the area of generation of renewable energies and in agro-exports. This is how he explains it José Antonio Ponce, Executive Director of the Nobis Consortium.
It is that the consortium and especially The Pronobis company (part of the group) currently aims to attract investments of at least $ 15 million for an ambitious project “that seeks to turn Ecuador into a real estate and tourism cluster.” That project is already underway and is called Caribbean. It is located in Engabao, one hour from Guayaquil and close to the sea.
It is a real estate development where Nobis has already invested some $ 30 million, and in which the Arawá building with 17 floors and 100 apartments has been erected, of which 70% has already been sold. Additionally, for the beginning of the year it is planned to inaugurate a 25,000 meter perimeter artificial lagoon where you can practice water sports and recreation such as swimming, sailing and kayaking, always with non-motorized water vehicles. In the sector, 20 of the 29 housing units in the Bari building have already been sold, still in plans. The sale of single-family houses has also been very well received.
The resources generated by the international investment sought will be used to continue with the construction of a large hotel, a second stage of single-family homes, among other constructions.
In the Ecuador Open for Business, preliminary contacts could be made with at least three interested in investing in the real estate issue, says Ponce. Potential investors are from Peruvian, American and Chilean origin. An agreement of intent was even signed with one of them for deeper conversations.
In accordance with the Nobis group’s schedule, it is expected to sign an agreement with the potential partner in the first quarter of next year and thus be able to start the construction of the hotel by the end of 2022. The Bari building will begin to be erected in the second half of 2022, while the lagoon will be inaugurated in January or February 2022.
Ponce says that the call for the forum went far beyond his expectations. Thus, they were also able to make contacts for agro-export projects.
He emphasizes that Nobis’ DNA is to be the main local partner for potential international investments in various sectors. Thus he recalled that among their projects they have a trust that they launched in 2021 for agro-export in which they raised $ 10 million to invest in four initiatives. The production of blueberries in Patate near Ambato and the production of orito, ginger and organic pitahaya, in Bucay.
Investments are already being made at these sites and production and export are expected to begin next year. Thus, with all this experience, conversations also began with investors from Peru and Chile, for the signing of potential agreements on agricultural lands in Ecuador. Two important contacts were made, to carry out shared visits to see the potentials of the land, always with Nobis as a partner, explains Ponce.
The executive also explained that in the forum it was possible to notice a particular interest of both entrepreneurs and financiers in matters of cleaner energy. Thus, the group that also has hydroelectric and wind generation projects managed to make contact with two other investors to carry out energy issues.
The Ecuador Open for Business it was a showcase to attract investment. The Government wanted investors from more than 50 countries to be interested in public projects such as refinery concessions, oil fields, infrastructure projects, among others, for a total of $ 30,000 million. The Government has explained that according to its vision, the Investment is an important source of resources that generates employment and productivity. (I)
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