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Transportation in Ecuador

  • Privatization has transformed the transport sector over past decade

    ECUADOR, 2016/02/23 Mayor Jaime Nebot’s decision to the hand the management of the José Joaquín de Olmedo International Airport, the city’s major bus terminal and the Port of Guayaquil over to private firms has turned them into profit-making machines. And the companies in charge are using these profits to fund their expansion plans. The initial thing a visitor notices next landing at José Joaquín de Olmedo International Airport in Guayaquil is waterfalls and orchids. The second is the welcoming faces of well-trained airport staff. Again, they notice the shiny cleanliness of the installations.