Argentina Needs To Invest US$290 Billion In Infrastructure By 2024

[soliloquy id=”20222″] Argentina will need to invest US$290 billion over the next ten years in order to finance the myriad large-scale infrastructure projects the country needs to either initiate or expand. The estimates from Argentina consulting firm, E&R, which cautions: “reaching an agreement (with the holdouts) would be critical in order to attract the foreign direct investment (FDI) and secure …

Buenos Aires Retail Real Estate Sector Is Affordable & Stable

[soliloquy id=”20208″] The Buenos Aires retail real estate sector is showing renewed strength as vacancies fall to the single digits and retailers search from prime space along the city’s most traveled avenues and pedestrian streets. A Stable Climate Along The Main Avenues is how La Nacion describes the retail real estate sector in BA, and the recent wave of new …

US$2 Billion Montes del Plata Pulp Mill Begins Production In Uruguay

[soliloquy id=”20197″] Another important chapter in Uruguay’s rapid timber evolution began yesterday when the Montes del Plata pulp mill commenced production in Colonia. The state-of-the-art cellulose plant is the largest industrial project in Uruguay’s history and required an investment of six years and over US$2 billion. Montes del Plata is a joint venture between Chilean forestry company, Arauco, and Finnish …

Argentina Country Risk Falls To Lowest Level In 3 Years

[soliloquy id=”20182″] Exactly one week ago the US Supreme Court rejected Argentina’s appeal in the high-profile debt case with holdout hedge funds led by NML Capital and Aurelius Capital Management stemming from the country’s 2001 default. The week that followed was full of mixed signals, speculation and posturing on both sides of the case. Considering the market’s disdain for uncertainty, Argentine stocks …

Uruguay Forestry Will Soon Be Country’s Most Lucrative Agribusiness

[soliloquy id=”20164″] Uruguay forestry and related activities will soon generate more revenue for the national economy than the other two pillars of Uruguay agribusiness today: meat and soybeans. “Around The Corner”: Forestry As The Great Engine Of The National Economy is the headline of the El Observador analysis which features an interview with the Pedro Soust, the Director of the …