Startups, Seed Accelerators Gravitate To Palermo Hollywood

Lights! Camera! Seed Capital! The path to becoming the next Instagram or Twitter may pass through perennially cool and increasingly tech-centric Palermo Hollywood. Silicon Valley Is Emerging In The Coolest Neighborhood In Buenos Aires is the headline of Fernando Gutiérrez’s report in today’s El Observador chronicling the recent influx of tech startups and seed accelerators in Palermo Hollywood and simultaneous surge in the …

Uruguay To Invest Over US$2.5 Billion On Infrastructure In 2013

From ports to power plants and highways to high-speed Internet, Uruguay plans to invest US$2.5 billion in infrastructure enhancements nationwide, a figure that could enter the US$4-5 billion range once public/private partnerships (PPPs) are factored in. In a sweeping analysis of the country’s infrastructure priorities, El Observador’s Pedro Dutour says roads are high on the list including Route 21 connecting …

2013 Brings New Ownership, Trains & WiFi For BA Subte

After a tumultuous 2012 marked by a record number of strikes including the marathon 10-day work stoppage last August, the City of Buenos Aires officially assumed control of the Subte on New Year’s Day 2013, and the City wasted little time in announcing long overdue equipment upgrades. This is good news considering the positive correlation between BA property values and …

Uruguay Building Massive Science & Tech Free Trade Zone

Forward-thinking Uruguay is making another massive infrastructure investment in order to court more international companies and domestic innovation in the fields of science and technology. The Parque de las Ciencias (Park of the Sciences) is being built on the outskirts of Montevideo with the stated goal of becoming the most modern free-trade zone in all of Latin America. Companies relocating …

Uruguay’s Fiber Optic Network Boosts Home Internet Speeds

Two years ago Antel announced plans to invest US$100 million to expand Uruguay’s fiber optic network to a quarter of a million homes. As promoted, the network would deliver Internet connection speeds 10-15x faster than the current ADSL technology. So far 145,000 homes are connected, and the high-speed network is beginning to penetrate the country’s interior departments including Colonia, Mercedes, Rocha, …