BASF Chooses Uruguay For New Financial Service Center

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

BASF has chosen Uruguay as the destination for a new regional financial services center and plans to be fully operational in Montevideo’s World Trade Center by 2016. After spending a year looking for the perfect location to combine North and South America service centers, BASF (BAS.DE) chose Uruguay for its stability, transparency and skilled workforce. According to the company, “Montevideo was chosen as …

US$100 Million Grain Terminal Rising In The Port of Montevideo

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

Construction of the largest and most modern grain terminal in Uruguay is underway in the Port of Montevideo, a US$100 million port project that will transform the way local producers export their grains and wood chips to the world. The new grain terminal, which is expected to begin operation in April 2015, will double the Port of Montevideo’s current capacity …

Chile’s Cambium To Acquire 33,000 Hectares Of Uruguay Timberland

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

Cambium S.A., a leading forestry company which manages over 180,000 hectares (445,000 acres) of timberland in Chile and Uruguay, is planning to acquire an additional 33,000 hectares (81,500 acres) of Uruguay timberland in the Departments of Cerro Largo and Treinta y Tres. Fundraising for the Uruguay timberland acquisition will be managed by Holland’s TMF Group which plans to offer a …

US Chamber of Commerce CEO: “The World Needs More Uruguay”

Patrick Archer agribusiness, competitiveness, foreign investment, real estate, uruguay, us companies, visionaries

Those were the powerful words of U.S. Chamber of Commerce President and CEO Thomas J. Donohue in his formal introduction of Uruguay President Jose Mujica earlier today in Washington.  Before U.S. Businessmen, Mujica Sold Uruguay As A Country To Live and Invest is how the local papers are summarizing the president’s 36-minute presentation this morning at the U.S. Chamber. But …

Uruguay Courting Qatar Airways, Port & Agribusiness Investments

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

Uruguay officials are traveling to Qatar this week with several proposals in hand in hopes of strengthening ties with the Middle East state and encouraging more Qatari investment in Uruguay. The first proposal, adding Qatar Airways flights to Montevideo, will probably be implemented the quickest considering the priority of adding new international routes at Carrasco International. “We view the airline …