Technology Hub in Latin America
The Paraguayan government, through Vice Minister Eduardo Gustale, presented the country's competitive advantages to 20 top executives from the Latin American financial and technology sectors. The presentation, held during the Fintech Iberoamerica Summit, aimed to solidify Paraguay's position as a hub for investment and digital development in the region.
The Government of Paraguay It has deployed its strategy to attract foreign capital in the technology sector, presenting its opportunities and competitive advantages to a delegation of 20 CEOs, founders and senior executives from banks and companies fintech de América LatinaThe meeting was led by the deputy minister. Eduardo Gustale and is part of the celebration of the Paraguay Tech Week and the Fintech Iberoamérica Summit en Asunción, events organized by the Cámara Paraguaya de Fintech.
Macroeconomic and fiscal strengths as a pillar of attraction
During his presentation, the deputy minister Gustale He detailed the key factors that make Paraguay in a high-value investment destination. Among them, the following stood out: macroeconomic stability consolidated over more than two decades, a factor that has allowed the country to achieve investment gradeThis is complemented by sustained economic growth, rigorous fiscal discipline, and a highly competitive tax system.
In addition to economic indicators, the country's structural advantages were highlighted. The availability of a predominantly young workforce , its strategic location as a gateway to the region's main markets, and the abundance of clean and renewable energy are key differentiators for establishing high value-added operations, particularly in the technology sector.
An incentive framework designed for investment and exports
The deputy minister also presented the range of instruments and incentive programs currently in place to facilitate the establishment and expansion of businesses. These mechanisms are designed to optimize the operations of both local and international companies, promoting everything from export-oriented production to high-tech assembly.
The event included a panel discussion featuring the Deputy Minister of Trade and Services, Alberto Sborovskyand the Deputy Minister of SMEs, Gustavo GiménezBoth officials of Ministerio de Industria y Comercio They outlined government actions to strengthen the business environment, with a special focus on supporting micro, small, and medium-sized enterprises (MSMEs) and startups to improve their access to financing tools.
| Investment Incentive Tool | Main goal |
|---|---|
| Maquila Regime | Production of goods and services for export with tax benefits. |
| Investment Law No. 60/90 | It provides guarantees and tax exemptions to national and foreign capital investment. |
| Free trade zone | Areas for industrial and service activities with special customs and tax treatment. |
| Raw Materials Regime | It facilitates the import of inputs for production destined for export. |
| High-Tech Product Assembly Law | It encourages the technological component assembly industry. |
| Paraguay Investor Pass | Program to expedite residency for foreign investors. |
A fintech ecosystem in full expansion
The dialogue with Latin American executives addressed the progress of Paraguay en digital transformationThe development of new financial services and the progressive integration of technology into business processes were highlighted. The authorities present emphasized the growth of the ecosystem. fintech Paraguayan and the need to continue promoting an environment that facilitates the innovation and financial inclusion.
Finally, the importance of greater collaboration between the public sector, financial institutions, technology companies, startups, and investors was emphasized . The meeting not only showcased the country's advantages but also fostered strategic connections with potential partners interested in exploring opportunities in the Paraguayan market.
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