5 new malls will open their doors this year in Guayaquil.
Mainly on the outskirts of town, to the north and off towards the coast, these new malls illustrate a strong demand for conveniences and shopping currently absent in many areas of Ecuador.
This could be a big opportunity for an investor with some money.
Large convenience stores can be a cash machine and the locals love them, because they make their lives more convenient.
A lot of areas of the coast need large one-stop-shop type stores in order to foster growth.
One interesting play indeed.
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