It has been a long time Paraguay has long ceased to be a strange and exotic destination for investment. investment. This was the case until a few years ago, mainly due to its geographic position and the size of its market, compared to the rest of the world. geographical position and the size of its market, compared to those of its main partners, Argentina and Brazil. with those of its main partners, Argentina and Brazil. For some years now, and and has been growing steadily for some years now, investing in Paraguay has Paraguay has been a valued option for companies from all over the world, which recognize the advantages of our country the advantages of our country, compared to the repeated complications of its Mercosur allies. its Mercosur allies.
What data do entrepreneurs and investors look at when deciding on their investments in Paraguay? investments in ParaguayThe first thing an investor looks at is profitability, and we offer it", remarked the Minister of Industry and Commerce, Gustavo Leite, a couple of years ago, before Spanish businessmen who listened to him attentively. "We can talk about giant countries where it is very difficult to make money; we are not."
In which sectors to invest in Paraguay
Putting context of the scenario for companies and investors, and which sectors are profitable to invest in Paraguay, the government has made the the government has made clear the project for the next twenty to thirty years: "to be a powerhouse in food the next twenty to thirty years: "to be a powerhouse in value-added food the logistics center of the region and to be a country led by young people. young people".
Paraguay Paraguay enjoys a privileged climate and land for agriculture, making the agri-food sector the agri-food sector is undoubtedly the sector with the greatest potential.
At On the other hand, the country's infrastructure needs are This also opens up enormous possibilities for large investors and companies involved in the and companies linked to construction and large-scale infrastructure works. infrastructure.
Countries investing in Paraguay
Naturally, Argentina and Brazil lead the list of countries whose companies invest in Paraguay, both because of their proximity and because they are Mercosur partners. the list of countries whose companies invest in Paraguay. But Spain has been Spain, however, has been showing increasing interest and betting on different sectors.
Currently there are more than eleven thousand Spaniards living in Paraguay. In both the financial and insurance In both the financial and insurance sectors, the leading companies are Spanish-owned.
Korean, Japanese and German companies have an important presence in sectors linked to agribusiness, an area in which Paraguay expects greater Spanish participation, which has a lot of know-how in this sector.
Paraguay Paraguay is also making a major effort to clean up its public-sector companies, which are currently undervalued, with a view to making them profitable. sector companies, which are now highly devalued, in order to make them profitable and more attractive to Spanish and other and more attractive to Spanish and other countries' investments, which usually pour substantial capital into the opportunities opened up by privatizations. capital to the opportunities opened up by privatizations and the opening up of other forms of participation and the opening to other forms of private capital participation.
Reasons to invest in Paraguay
The entrepreneurs used to investing in Paraguay often explain that to do so, it is necessary to understand and adapt to the country's culture. it is necessary to understand the country's culture and adapt to it. For those who this aspect of the Paraguayan reality, "the prospects are interesting," in the words of Sebastien Lahaie, a French the prospects are interesting," in the words of Sebastien Lahaie, a Frenchman and CEO of the Abbeyfield Group of the Abbeyfield Group and Director of Sudameris Bank.
"It is a young young country, both in terms of population and institutionalization, and it has a solid base to strengthen solid base to strengthen itself in the long term," is his convergent diagnosis and prognosis. Extremely pragmatic, Lahaie wondered "why are we going to produce in Brazil? if it is 40 percent more expensive".
Another Another Spaniard who is enthusiastic about Paraguay from his own experience is Belarmino Fernández, president of the Arcallana Group, a conglomerate of companies in Paraguay. Fernández, president of the Arcallana Group, a conglomerate of construction, ceramics and financial companies, with more than 35 years construction, ceramics and financial companies, which has been investing in Paraguay for more than 35 years. Paraguay. "You have to know the market and have someone to guide you in its culture. Fernandez often advises Spanish investors, chasing away the ghosts typically linked to the typically linked to trade unions or the burden of social security. social security.
Paraguay: international companies companies
Companies and investors are always attentive to all the variables that guarantee the highest profitability of their investments. At the framework level, Paraguay offers great attractiveness for business. It has also done its homework to facilitate the establishment of companies through SUACE, a simplified procedure for the establishment of foreign investors.
In the same way, it has all the options for different categories of residences in ParaguayGestoría en Paraguay is a leader in this area. Strategically located in the World Trade Center of Asuncion, we are the support and allies of thousands of businessmen and professionals, both Paraguayan and from the rest of the world, who come to take advantage of the growing opportunities and benefits that our country offers for business.
