Uruguay President Mujica Courts More Finnish Forestry Investment

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

Uruguay President Jose Mujica is in Helsinki this week encouraging Finnish investors to double down on a country and a sector they have dominated in recent years: Uruguay cellulose pulp production. Yesterday President Mujica and a large delegation of Uruguay government officials met with senior executives at the Helsinki headquarters of UPM, the company that operates Uruguay’s first billion dollar …

Uruguay Forestry Sector Producing Record Electric Power Generation

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

Uruguay’s forestry boom continues to attract record levels of foreign investment in timberland, state-of-the-art pulp mills and biomass power plants. And just as the sector is giving back to Uruguay in the form of widespread conservation and reforestation efforts, timber company power projects are now giving the country something it needs to be more competitive: sustainable and affordable energy. The …

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

Patrick Archer agribusiness, competitiveness, foreign investment, technology, uruguay

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 pulp and …

Uruguay Forestry Will Soon Be Country’s Most Lucrative Agribusiness

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

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 Forestry Division …

Billion-Dollar Pulp Mill Transforms Quiet Corner Of Uruguay

Patrick Archer agribusiness, foreign investment, real estate, uruguay

It won’t officially open for a few more months, but a the Montes del Plata pulp mill is already changing lives, incomes and expectations in a once-quiet corner of Uruguay. Montes del Plata is investing a reported US$1.9 billion on the state-of-the-art facility in Conchillas, and the spillover effects from the mill’s construction have been felt throughout Colonia. Local salaries …