The government of Ecuador is looking for a contractor to finish construction of the Manabi oil refinery. The massive project, south of Manta, has sat mostly idle for seven years following the decision by the government of Venezuela to back out of its partnership on the project. President Lenin Moreno is looking for international bidders and says he hopes to have contract signed by May. Investment to complete the project, known as Refineria de Manabi, is estimated at $8 billion, with a $5 billion million required for construction of the main facility and $3 billion more for supporting facilities such…
Want to read the whole story?
Subscribe to The Cuenca Dispatch and gain full access to this story, weekly issues, plus the entire running archive! With your subscription, you will gain access to all the news you'll need concerning Ecuador as a United States expat.
Get access to our most read articles
- Cuenca expat scene is ‘changing before our eyes’
- Los Perniles
- Immerse yourself in Cuenca’s bountiful markets
- Global warming? Most of the hot air is generated by politicians
- Ecuadorian named to Time magazine’s 100 most influential people list
- What should you bring to Cuenca?
- Artesana Bakery: a love story
- Searching for origin of the word ‘Gringo’
- Cuenca will have a new Ludic Botanical Garden
- The Amazonian tribe defending their land with technology