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 …

Uruguay Is The Least Violent Country In Latin America

Patrick Archer competitiveness, global rankings, lifestyle, tourism, uruguay

A new regional survey of violence by a Santiago-based non-profit organization finds that Uruguay is the safest country in Latin America measured in terms of homicide rates and other factors. The report validates findings earlier this year showing Uruguay and Argentina are two of the safest countries in the Western Hemisphere. The Latinobarometro Corporation’s 61-page report titled Citizen Safety: The Primary …

Coastal Uruguay Real Estate Sales Exceed US$100 Million a Month

Patrick Archer foreign investment, real estate, uruguay

Coastal real estate in and around Punta del Este continues to be a magnet for foreign investors, and the value of Uruguay homes and apartments sold tops US$100 million per month, according to El Observador. In the most recent twelve-month period examined, properties sold in Maldonado exceeded US$1.4 billion, and in the 28-month period from January 2009 to May 2011, …

More Americans & Brazilians Investing In Uruguay

Patrick Archer foreign investment, global rankings, real estate, uruguay

Foreign investment in Uruguay is shifting in two major ways: the destination and the origin. An interesting analysis today in El Observador: “Real estate investment and construction have replaced land purchases and loans to financial institutions as the primary pole of attraction for foreign capital coming into the country over the last decade.” Outside investors also play a more important …