Join the U.S. Department of Commerce Trade Americas and Design & Construction Global Teams for a webinar to learn more about the upcoming infrastructure projects in Paraguay. You will hear from the Economic Officer at the U.S. Embassy in Asunción, the Director for Strategic Projects for the Paraguayan Ministry of Public Works and from a U.S. Company that have won tenders in Paraguay.
Top reasons why U.S. companies should consider exporting to Paraguay:
- Paraguay is a country of 7 million with a rapidly-growing, stable open economy showing roughly 5 percent yearly growth for the last ten years.
- Located in the heart of South America, Paraguay is a MERCOSUR country that enjoys low taxes, low labor costs, and low energy costs, making it ideal for companies looking to manufacture goods for export to larger markets in neighboring Brazil and Argentina.
- Overall, the U.S. enjoys a US$2.6 billion trade surplus with Paraguay, exporting US$2.7 billion in goods to Paraguay in 2017.
- The new, transparency-focused presidential administration plans to invest US$5 billion per year through 2023 on public infrastructure, including roads, bridges, hospitals, schools, and electrical transmission and distribution.
- More than 85 U.S. companies already operate in Paraguay, including agricultural business, retail clothing chains, and numerous restaurant franchises.
- The new, transparency-focused presidential administration plans to invest US $5 billion through 2023 on public infrastructure, including roads, bridges, hospitals, schools, and electricity transmission and distribution.
- More than 92 U.S. companies already operate in Paraguay. In the past eight years, U.S. companies have won more than $132 million in Paraguayan public tenders.
- Paraguayan government leaders look favorably on U.S. companies, but U.S. companies are not always represented across the board in infrastructure bids.
- The United States Embassy in Asunción, Paraguay places a priority on assisting U.S. companies with an interest in bidding on such projects.
- In the near term, Paraguay will look for bidders on a $160 million project to pave a cobblestone road across the Chaco region, a $224 million project to upgrade electrical distribution and transmission lines in the eastern part of the country, and a $600 million city drainage system in Asunción.
- In the medium term, Paraguay will look for a $300 million public-private-partnership (PPP) to expand a main highway between Asunción and Encarnación.
- Separately, tenders will launch for a $1.2 billion water treatment and management system for the Alto Paraguay region, a new $540 million highway across the Chaco region, a $125 million restauration of the Acaray hydroelectric dam, a $30 million expansion to the international airport in Asunción, and several smaller projects for clusters of penitentiary, hospital, and school buildings.
Upcoming Infrastructure Projects in Paraguay: February 7, 1:00pm EST
Entire webinar series includes the following markets: Argentina, Uruguay, Colombia, Peru, Panama, Brazil, Chile, Mexico, Ecuador, the Caribbean, and Central America Regions.
Webinar Series Schedule:
1. Argentina – April 26, 2018
2. Colombia/Perú/Panama – May 17, 2018
3. Chile – June 14, 2018
4. Central America – July 19, 2018
5. Brazil – August 23, 2018
6. Caribbean Region – September 20, 2018
7. Mexico – October 18, 2018
8. Uruguay – November 15, 2018
9. Ecuador – December 13, 2018 @ 1:00 p.m. – 2:15 p.m. EST
10. Guyana- January 24, 2019 – Postponed
11. Paraguay – February 7, 2019 @ 1:00 p.m. – 2:15 p.m. EST
For more information, contact Matt Baker, Design & Construction Global Team Leader at Matt.Baker@trade.gov or Diego Gattesco, Trade Americas Team Leader at