Why tendering in Ecuador?
Ecuador's government issues tenders for a wide array of projects across sectors like infrastructure, healthcare, education, technology, and energy. However, compared to larger markets like Brazil, Mexico or Colombia, Ecuador's tendering landscape may have fewer opportunities, but they can still be lucrative for companies willing to explore.
Ecuador has made efforts to improve transparency and fairness in its procurement processes. However, companies should be aware of potential challenges related to bureaucracy and adherence to procurement regulations.