INSUBCONTINENT EXCLUSIVE:
discussed how their countries could help each other
Landlocked Paraguay needs a route to the sea for its exports
Uruguay has available coastlines for this purpose.Fast forward to August, President Lacalle Pou had good news
Two groups have specific plans
They need government approval to proceed.The first group is PTP, a company already operating in Uruguay
They plan to invest $55 million initially.They want to build a versatile port with a large free zone
This new port could handle different types of ships and create 125 jobs.The second group, Cargo Line from Paraguay, has a bigger plan
They are planning to invest between $200 and $300 million.Paraguayan Firms Plan Sea Access Through Uruguayan Ports
(Photo Internet reproduction)Their focus is a terminal near the city of Dolores
This terminal will handle multiple types of cargo, including cellulose and biofuels.Both companies aim to complete their projects by the
Uruguay hopes to become an essential sea gateway for the region through these projects.Meanwhile, Paraguay sees an opportunity for
much-needed sea access.BackgroundHistorically, landlocked countries like Paraguay have faced challenges in accessing global markets.Being
without a coastline makes exporting and importing goods expensive and complicated
In the past, Paraguay mainly used Argentine or Brazilian ports for this purpose.Uruguay has emerged as another potential partner
The country is strategically located with coastlines along key waterways.These recent port investment plans build upon a longstanding
