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About Ecuador

Ecuador is located in South America, and it owes its name to the equinoctial line that crosses it; it's territorial limits are: to the north Colombia, to the south, Peru and to the west it extends in two hundred miles of territorial sea to the Pacific Ocean

It has a surface of 276.840 km2 and a population of 12,4 million habitants. Ecuador possesses a democratic government whose leaders exercise the power in a 4 year period.



Ecuador in Numbers
Area: 276,840 km2
Population: 12,4 millions
PIB 2000: US$ 13.9 BN
Currency: American Dollars (since 2001)
Inflation 2000: 91%
2001 E: 26 %
2002 E: 6%
Exportations 2000: US$ 4.9 BN

El Oro
Province, with its capital Machala, is located south of the coast of Ecuador, and its coordenates are:
Latitude: 9'570.500 N - 9'661.000 S
Longitude: 576.000 E - 682.000 W

The economy of the region is based in the agricultural sector, especially in bananas production; shrimp production has also constituted itself as an important factor of production in the province, as well as the mining of gold. Tourism and industry have good perspectives towards the future.

Administratively its conformed by 14 counties, (Machala, El Guabo, Huaquillas, Pasaje, Santa Rosa, Piñas, Arenillas, Zaruma, Atahualpa, Portovelo, Marcabelí, Balsas, Chilla y Las Lajas) and 41 towns, the capital of the province is the city of Machala, known as "The Word's Capital of Bananas", because its one of its principal products of production and exportation.




 
El Oro is one of the richest provinces of the country. During the first half of the century, one of the biggest mine businesses settled in Portovelo; the northamerican Sadco. In the decade of 1950, wealth extended it's green coat, bananas, which led Ecuador to become the first world exporter of this fruit.

Towards the beginning of the decade of 1970, an unexplored industry began, the cultivation of shrimp, which along with bananas, overcame petroleum in the generation of income for the country. Its land is fierce and its products, cocoa, coffee, bananas are exceptional because of their aroma and flavor.

Its capital, Machala, a lonely village with only 7549 neighbors, now with 250 thousand habitants, soon became one of the largest growing cities in the country.


 

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