“Paraguay will be the next star country in Latin America”

Marcelo Giugale, professor of international economics at Georgetown University and former senior World Bank official, predicted that “Paraguay will be the next star country in Latin America.” Watch the video where the strengths of our country are highlighted. “Paraguay will be the next star country in Latin America,” said economist Marcelo Giugale, who highlighted Paraguay as the potential investment market for this year. It was during the “Oppenheimer presents” program on CNN. “When do investors…

Economic stability draws the attention of more Chilean investors

Exploring new markets and strengthening the bilateral relationship are among the central points of the visit of the Paraguayan delegation to Chile. The Minister of Industry and Commerce, Javier Giménez, commented that the Paraguayan delegation in Chile, led by President of the Republic, Santiago Peña, Its objective is to strengthen the economic relationship between both countries, mainly around meat exports, and to explore new trade agreements and possible Chilean investments in Paraguay. The head of the…

World Bank places Paraguay with the highest growth in the region

In its latest Growth Outlook report for Latin America and the Caribbean (LAC), available since October 4, the World Bank (WB) maintained its estimate from the previous quarter for Paraguay, with a forecast that it will grow by 4. 8% by the end of 2023. The report has a cut-off date of September 22, and the score maintained compared to the previous information stands out, when the organization cut the growth projection for Paraguay from 5.2% to 4.8% for this year. While the expansion for 2024 showed a forecast…

The Chaco Region in Paraguay received US$148 million of investment in the past five years (and in 2022, it exported US$900 million)

Chaco is experiencing an acceleration in the increase in investments, especially in recent years, and the execution of infrastructure works is one of the pillars on which the region’s growth will be based. How much capital has been injected into the region in the last five years, and what is needed to turn the Western part of Paraguay into a pole of industrial development? Numbers are the best way to measure the development of an activity or area. And official data shows that in the Chaco, a territory…

Investment in Farmland in 2023

image of Investment in Farmland
Investment in farmland suitable for livestock or crops is the safest investment, especially long-term, i.e. 5 to 10 years. It is an area little studied by modern investors, who have remained in the dot com investors world and have forgotten the traditional investment: farms. Today, the following observation is most certain. Where there is arable land in a stable political environment with clear rules and access to ports, you can make a minimum investment of 9% and a capitalization rate of 4%. These figures…

“Investing in land in Paraguay is very profitable due to the production levels and the potential for further price increases”

Paraguay is and will continue to be very attractive for investment because it has many opportunities, growth potential and a favourable country framework. Those who buy land in Paraguay today will not only be profitable for what they produce, but also for land that still has significant potential for price increases, said Rodrigo Artagaveytia, director of Everdem. He also mentioned that the business of buying and selling land is having a rebound at the beginning of this year. What is the current state of the…

Paraguay BCP: Soya exports tripled at the start of 2019

The Paraguayan economy began in 2019 with different nuances in its foreign trade components. Although soybean (the main export product) had an important jump, it was not enough for global sales to have a greater dynamism. Shipments of soybeans to international markets grew 262.7% in the past month, compared to figures obtained in January 2018, and totaled USD 169.2 million. However, exports as a whole rose by only 2% and totaled USD 997.9 million, reported the Central Bank of Paraguay (BCP) in its report on…

Paraguay is among the best countries to do business in 2019 in the region?

According to Forbes, since 2014, Paraguay’s economy grew at an average rate of 4%, due to strong production and high global prices, while other countries in the region have contracted Chile and Uruguay are still the best countries in South America to do business in 2019, according to a ranking published by the US magazine Forbes. While Paraguay is ranked 5 among the best, according to the table. Thus, over a total of 161 countries analyzed by Forbes on the business possibilities in 2019, Uruguay ranks…
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