Doing Business in Paraguay: Opportunities, Investment Sectors, Advantages and Pitfalls | World Law Group
[co-authors: Sigfrido Gross Brown, Jorge Ignacio Gross Brown]*In this new series, “Doing Business In,” we asked our members about the current business climate in their countries, investment opportunities, and what others should know about doing business there.
1. What is the current business climate in your jurisdiction, including major political, economic, and/or legal activities on the horizon in your country that could have a big impact on businesses?
Paraguay is steadily reactivating following the pandemic. For the next few years, banking, infrastructure, and construction will remain the key pillars of economic development. Paraguay has a focused agenda to keep investing in public infrastructure with support from the financial system.
On the other hand, the agro-exporting sector (soy, wheat, corn, and meat products) and the fluvial transport industry remained strong during the pandemic and are also a pillar of…
