Sofitel Casino Carrasco Opens A New Chapter of Luxury In Montevideo

Patrick Archer arts & entertainment, aruba, creative class, foreign investment, hotels & casinos, lifestyle, real estate, tourism, uruguay

The highly anticipated re-opening of one of Montevideo’s most beautiful landmarks finally took place last evening, a historic event symbolizing triumph over adversity and the undeniable appeal of Uruguay for foreign investors. On a beautiful Thursday evening in Carrasco, hundreds of invited guests, foreign dignitaries and proud Montevideanos gathered at the hotel’s entrance enjoying the sounds of the Philharmonic, champagne …

Melancia Mall & Duty Free Will Tap Brazilian Boom In Rivera

Patrick Archer aruba, real estate, tourism, uruguay

With only fifteen months remaining until the 2014 World Cup, a new wave of real estate investment is flooding the Uruguay/Brazil border. One of the most important retail projects will be the new Melancia Mall & Freeshops in the Uruguayan border town of Rivera. The US$42 million shopping center will feature over 236,000 square feet (22,000 m2) of retail space …

Surging Leather Exports Put Uruguay In The Driver’s Seat

Patrick Archer agribusiness, aruba, foreign investment, uruguay

Uruguay leather exports rose to US$263 million in 2012, and 40% of the increase was due to the surge in the sale of leather hides used in the production of seats for luxury automobiles and aircraft. According to El Pais, Uruguay exported 38,000 tons of leather hides last year, a 12% gain over the 34,000 tons shipped in 2011. Uruguay …

People’s Republic of Carne: Uruguay Beef Exports To China Jump 975%

Patrick Archer agribusiness, foreign investment, uruguay

Uruguay beef exports to China exploded during the first two months of the year making the PRC the number one destination by volume of Uruguay’s number one export. According to a new report from Uruguay XXI, sales of Uruguay frozen beef to China rose 975% during the first two months of 2013 compared to the same period in 2012. Measured …

Uruguay Courts Private Investors For Solar Energy Projects

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

It seems only fitting that a country with the Sun of May on its flag would see a bright future in solar energy. That’s the situation in Uruguay where the government is preparing to open the bid process to private developers seeking to capitalize on the next phase of the country’s ambitious renewable energy initiatives. According to El Observador, Uruguay …