Foreign Investors, Rating Agencies Maintain Stable Outlook For Uruguay

Patrick Archer agribusiness, competitiveness, foreign investment, global rankings, real estate, uruguay

The countdown to Uruguay’s presidential election at the end of this month is expected to remain uneventful for financial markets and foreign investors. Unlike what transpired last month in Brazil where daily polls and projections had local stocks and the Bovespa soaring one day and plunging the next, the economic outlook for Uruguay is stable regardless of which candidate wins …

Winds Of Change Blow Uruguay Toward Energy Independence

Patrick Archer agribusiness, competitiveness, creative class, foreign investment, real estate, technology, uruguay, visionaries

With presidential elections inching ever closer in Uruguay, the candidates are plastering the capital city of Montevideo with campaign billboards promising a better life and a brighter future. And while most of these adverts feature the requisite, Photoshopped images of the candidates with perfectly-coiffed hair and million-dollar smiles, the most powerful and effective billboard features a lone wind turbine spinning …

Argentine Land Law Limiting Foreign Ownership Remains Unclear

Patrick Archer agribusiness, competitiveness, foreign investment, real estate

Almost three years after being approved, an Argentine law meant to quantify and limit foreign ownership of land is not being enforced due to the fact that provincial governments never completed their territorial audits. Law 26.737, the Law of Lands (Ley de Tierras) approved by Congress in February 2012, sought to cap the total foreign ownership of national land at …

Uruguay President Mujica Courts More Finnish Forestry Investment

Patrick Archer agribusiness, competitiveness, foreign investment, real estate, uruguay

Uruguay President Jose Mujica is in Helsinki this week encouraging Finnish investors to double down on a country and a sector they have dominated in recent years: Uruguay cellulose pulp production. Yesterday President Mujica and a large delegation of Uruguay government officials met with senior executives at the Helsinki headquarters of UPM, the company that operates Uruguay’s first billion dollar …

Uruguay Forestry Sector Producing Record Electric Power Generation

Patrick Archer agribusiness, competitiveness, foreign investment, real estate, uruguay

Uruguay’s forestry boom continues to attract record levels of foreign investment in timberland, state-of-the-art pulp mills and biomass power plants. And just as the sector is giving back to Uruguay in the form of widespread conservation and reforestation efforts, timber company power projects are now giving the country something it needs to be more competitive: sustainable and affordable energy. The …