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Quito, Ecuador – 06-05-2026 Tobar ZVS, a leading law firm in Ecuador, is proud to announce its role as the corporate leading firm and legal advisor to CMOC in the signing of the Exploitation Contract for the construction of the large-scale Los Cangrejos project.
The transaction was led by César Zumarraga, Senior Partner and Head of the Energy, Infrastructure & Natural Resources practice, whose expertise in mining and natural resources transactions spans over three decades. He was supported by Partner Juan Fernando Larrea and Associate Juan Martín Alarcón, alongside the firm’s broader Energy, Infrastructure and Natural Resources team.
Los Cangrejos represents over $ 1.7 billion in investment across a 26-year life-of-mine and is set to significantly bolster Ecuador’s economy and growth. In terms of economic impact, the project will create more than 1,000 direct jobs and approximately 2,000 indirect jobs, prioritizing local recruitment and building capacity in El Oro province.
With more than 30 years advising on mining, energy, and infrastructure transactions in Ecuador and the region, Tobar ZVS brings deep sector knowledge and a proven track record on complex, large-scale projects. Los Cangrejos is the latest milestone in the firm’s continued commitment to supporting clients at the forefront of Ecuador’s resource development.
For more information on Tobar ZVS and our legal services, please visit our website at www.tzvs.ec