La Derecha Diario Noboa's tour opened new doors for energy investment in Ecuador
Spain, the UAE, and Israel replied with interest to the projects promoted by the Government
Energy and Mines Minister, Inés Manzano, described President Daniel Noboa's international tour as "successful," focused on promoting energy investments in Europe and the Middle East. During her appearance on TC Televisión, she highlighted the interest of several countries in joining the transformation of the Ecuadorian energy sector.
Spain confirmed its interest in developing a 400-megawatt energy project with storage, while United Arab Emirates showed willingness to invest in the Esmeraldas refinery. This proposal aims to improve refining processes and modernize the use of Ecuadorian crude.
In Israel, the minister signed two memorandums of understanding, one on energy cooperation and another on advanced agriculture. The focus on technological innovation will allow Ecuador to adopt desalination systems and solar energy models with batteries, where that country is a leader.
Meetings in France and the United Kingdom broadened the outlook. Total Energy showed interest in natural gas projects, and technical alliances on conservation and energy security were explored. President Emmanuel Macron's support for these energy projects confirms a new stage of international collaboration.
An integral development strategy
Besides the energy agenda, the tour promoted agricultural exports, youth employment, and support for entrepreneurship. Minister Manzano emphasized that investments have not only economic value but also social value, focusing on sectors that can boost local employment.
Noboa's leadership on this tour marked a change in tone compared to previous models centered on state welfare. Instead, Ecuador is betting on attracting international capital, technology transfer, and productive growth, strategies aligned with a vision for the future.
While socialist models prioritize state control, this new route promotes efficiency, employment, and international cooperation. The energy openness initiated by Noboa is already beginning to show tangible results.
With an international agenda oriented toward development, Daniel Noboa positioned Ecuador as an attractive destination for key energy investments. This vision of openness and modernization demonstrates that the country can advance with strategic alliances instead of relying on outdated models.
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