Buenos Aires-Colonia Bridge Construction Agreement Signed

Patrick Archer buenos aires events, competitiveness, foreign investment, real estate, uruguay, visionaries

Plans for a 43-kilometer bridge spanning the River Plate and connecting Argentina and Uruguay took a giant step forward today with the signing of a construction agreement. The Argentina/China Chamber of Commerce (ACC) signed the agreement with China Dalian International Group (CDIG), the Dalian-based engineering and construction company that specializes in large-scale infrastructure projects outside of China. The signed agreement establishes the …

Buenos Aires-Colonia Bridge Could Move Forward With Chinese Loans

Patrick Archer buenos aires events, foreign investment, tourism, uruguay

Hundreds of Argentine and Chinese executives and trade representatives met this month during the Argentina-China Business Forum 2014 which coincided with the visit of Chinese president Xi Jinping. The delegation of 180 Chinese businessmen arrived this month with Peking’s authorization to invest US$1 billion in Argentina, and a total of 28 bilateral agreements were signed worth US$1.5 billion, according to …

Green Gold Bringing Investors & Tourists To Uruguay Olive Trail

Patrick Archer agribusiness, foreign investment, lifestyle, real estate, tourism, uruguay, wine & vineyards

The Uruguay olive trail gained some Extra Virgin credibility in 2013 when it became only the second country in the Southern Hemisphere to join the prestigious International Olive Council. Now foreign investors and tourists are beginning to take note. Oro Verde (Green Gold) is the title of an El Pais feature article showcasing the growing number of plantations along Uruguay’s …

HNW Argentines Shift Billions To Colonia Banks & Real Estate

Patrick Archer competitiveness, foreign investment, lifestyle, real estate, tourism, uruguay

Bank deposits and real estate investments in the Department of Colonia are surging, according to an article in today’s iProfesional. The Department of Colonia encompasses the historic port city of Colonia del Sacramento, the town of Carmelo where property values are soaring and Nueva Palmira, the most important departure point for Uruguay agricultural exports. The number of Argentines opening new bank …

Carmelo, Uruguay Property Values Have Doubled Since 2008

Patrick Archer aruba, foreign investment, lifestyle, real estate, uruguay

Carmelo is emerging as the coastal Uruguay destination of choice for high-net-worth Argentines, and the trend is reflected in a near doubling of land prices since 2008, according to the Uruguay Real Estate Chamber. “Carmelo, A New Center of Attraction For Argentine Investors” is the front page story in today’s BAE Negocios which points to a wave of new construction …