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Investment: Uruguay – A National Purpose

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Uruguay’s investment climate has made it a magnet for foreign investment. Industry, ports, hotels and construction are all on the list of projects. Ten years ago, Uruguay’s level of foreign investment barely reached $200 million, but today, the number exceeds $2.7 billion per year. What happened that a small country could increase Foreign Direct Investment (FDI) by an order of magnitude? Historically, Uruguay was one of the Latin American countries that attracted the least amount of foreign investment. Only after 2005, with the arrival of the Botnia cellulose plant, whose construction required an investment of $1.2 billion, did the graph’s […]
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