Guayaquil Ecuador: Businesses closing, sales slump, insecurity, import issues

elcomercio.com reported at the corner of Mendiburo and Escobedo, downtown Guayaquil, Hermes Rodriguez attends a small pharmaceutical distributor in an establishment that is surrounded by enclosed premises, with signs stuck on the roller doors that advertise ‘rent’.

At least there are twelve unoccupied spaces in both senses of that intersection. Only in the building occupied by Rodriguez are five closed establishments. Colleagues note that neighborhood were slowly closing the difficult situation, facing low sales trade in Guayaquil, who turns 481 years of foundational process.

“It’s difficult, hard,” he says, while a warder, who cares cars, laments because there is less movement in the downtown area.

And it’s not the only regret. Property managers Boyacá street from Padre Solano until Oct. 9, are concerned because there are small businesses that closed and rent the vacant space becomes a complicated task.

In that stretch more than a dozen areas for rent unoccupied, who left cell stores sales, technology items, furniture, shoes, and other holiday items.

Carolina Zurita, a property manager to rent premises in the street Boyaca concerned that commercial activity has declined and this has influenced the close of business. “People finds it difficult to rent, say ‘I can no longer continue paying’ must go three months, four months,” says Zurita.

In the center it is small and medium spaces, depending on the footage, are rented between 400 and 1,500 dollars.

Another manager of a downtown building indicates that, over the economic situation, some people have gone for fear of insecurity, the constant changes in policy to import. Read Article