RIO DE JANEIRO, BRAZIL - Although foreign direct investment (FDI) is at low levels compared to Latin America's most advanced countries, Paraguay managed to increase it by 8.9% in the midst of the pandemic, according to Economic Commission for Latin America (ECLAC) data.
Thanks to the new investment promotion regulations in force - such as Law 60/90, the Maquila Law and the Investment Guarantee Law - Paraguay was able to attract large investment projects such as Cecon, Paracel and Omega Green.
The country's Vice-Minister of Industry Ramiro Samaniego analyzed the sector at the end of the third quarter . . .