Thinking about investing in a city in South America but don’t know which one yet? So you are in the right place. Today I am going to talk to you about the opportunity to start profitable businesses in Machala, Ecuador.
Machala is the perfect combination of natural beauty, modernity and a growing economy.
Today you will get to know a little about Machala and I will give you some business ideas to invest in.
These are the points:
- A bit of Machala, Ecuador.
- Things to do in Machala, Ecuador.
- Profitable businesses in Machala, Ecuador.
- Do you dare to invest in Machala?
I’ll start by giving you 4 profitable businesses in Machala, Ecuador. PAY ATTENTION!
A bit of Machala, Ecuador
Machala is a city in Ecuador and the capital of El Oro Province. It is one of the country’s most important cities and the largest and most populous in the province.
It is located on the shores of the Pacific Ocean that surrounds it with exceptional landscapes and a warm climate and the treatment of its people.
It has a 2020 population estimate of 265,007 inhabitants located at a distance of 189 km from Guayaquil, the most populated city in Ecuador.
It has an industrious and visionary people who have been able to benefit from its great natural wealth and fertile lands.
It is also called the banana capital of the world because of the productivity of its soil for banana cultivation. Three out of ten bananas are exported to Russia, China and the European Union.
In Machala you will find tropical forests, coasts, an island micro-region and highlands that make the city an excellent tourist destination.
The city has a wide hotel infrastructure that offers accommodation alternatives for all types of tourists.
Machala has made steady strides in transforming the city, transforming the parks, streets and avenues.
In addition, modern buildings and markets are built for the benefit of the city.
Get to know the economy of Machala
Machala is one of the economic pillars of Ecuador as it is the seat of important administrative, financial and commercial centers.
It is the world’s largest producer and exporter of bananas, also considered the nation’s green gold, but other products such as rice, coffee and cocoa are also grown.
Every week, more than two million boxes of bananas are exported all over the world through Puerto Bolívar, where extensive import and export activities take place.
Another of the main activities at Machala is captive shrimp production, which is recognized worldwide.
Exceptional industrial and commercial activity takes place in this city, which has become a center for the settlement of important companies.
The city has successfully reduced poverty and continues to make strides in consolidating its economy.
Things to do in Machala, Ecuador
Ecuador has very important credentials to support entrepreneurship and innovation.
In the province of El Oro there is the Municipal Center for Enterprise Development (CEMDE), which supports small and medium-sized entrepreneurs. This center offers physical spaces, technological tools for professional development, training and advice.
Entrepreneurship and national innovation are also supported through projects and programs that encourage the various initiatives of entrepreneurs.
Programs include the Productive Innovation Fund and Ecuador Innova. Both invest in product or service projects that impact Ecuador’s modernization and technology.
On the other hand, several public and private institutions offer funding to help develop and consolidate ideas. Among them are: the National Financial Corporation, CFNthat Guayaquil Bank and the Bank of Machala.
For more information on how to start a business in this city, I suggest you take a look at 15 Profitable Businesses in Ecuador. I’ll show you NOW!
Profitable businesses in Machala, Ecuador
The first step you need to take is a business idea, but success largely depends on your perseverance, perseverance, creativity and resilience to change.
Below I present some profitable business ideas in Machala that you can easily and safely develop and consolidate.
1.- Craft coffee
Machala is an agricultural town that excels in growing coffee, so processing this item is considered a profitable business.
You only need to train yourself in the coffee production process to be able to offer a quality service to your customers.
Setting up a restaurant is one of the profitable businesses in Machala, since it has a very varied gastronomy based on fish, molluscs and crustaceans.
Offer different culinary alternatives and delight your customers with the perfect combination of flavors. A tip: integrate typical dishes not only from Machala but from other parts of the world into your menu.
I recommend you come up with a good name for the restaurant and get ready to run it.
3.- Tour guide
The city’s economic development is boosted by tourism activities, so this is one of the profitable businesses in Machala.
It offers an itinerary where you will include walks to the different landscapes of Machala and to the different attractions that combine nature and modernity.
4.- Community Manager
Being a community manager is one of the profitable businesses in Machala as it does not require large investments to be successful.
They need to understand customers’ needs and offer business people the opportunity to spread information about their products and services via social networks.
5.- Program or app designs
In order to develop management systems, programs or apps, you need to have knowledge of the different programming languages and the customer’s requirements.
You can create an app that allows companies to have direct contact with their customers, or a management system for the organization’s production units.
6.- Fishing Guide
If you have a boat or can buy one, this will be one of the viable business in Machala that will give you great economic reward.
It offers a fishing route and explains to tourists the advantages of the Bolívar port, the methods and the tools for fishing. Immerse them in the adventure of this economic activity.
7.- Plantain flour plant
This is one of the viable businesses in Machala as it is the banana capital of the world. It’s not difficult, but you must have enough capital or a source of funding to purchase the necessary machinery.
The truth is that banana flour is now in high demand by celiacs and could even be exported.
This flour is also widely used in various culinary recipes. With optimism, creativity, organization and perseverance you will be successful.
8.- Hotel, cottage or inn
You can build a hotel, cottage or inn for accommodation of tourists. This is an initiative that requires a large initial capital but is one of the viable businesses in Machala because of the revenue it leaves behind.
If you have crafting skills, this shop is for you. You just have to unleash your creativity and create unique pieces such as baskets, sweaters, decorations for the home, among others.
Courage, with perseverance you will be able to consolidate this business idea.
You can create a modern cafeteria concept where people can not only have a coffee, but also spend a pleasant time with their friends and hold business meetings.
They can offer coffee, cookies, banana cake and a wide range of sweets.
Do you dare to invest in Machala?
If the answer is affirmative, all that remains is to congratulate you, Machala is a beautiful city with a stable economy.
But if you still want to study more ideas, here are some articles about profitable business initiatives in other cities of Ecuador:
Thank you for reading us.
Until next time!