Paraguay Strengthens Its Industrial Sector for Sustainable Growth

Paraguay is positioning itself as a key hub for investment and industrial development, with the economy projected to grow by 3.6% in 2025, according to the World Bank. The Paraguayan Industrial Union (UIP) aims to enhance local industries by strengthening value chains, improving access to credit, and promoting sustainability through circular economy initiatives.

Strategic investments in energy infrastructure and industrialization will be crucial in driving economic expansion. Sectors like maquila are expected to play a dynamic role in this transformation. UIP President Enrique Duarte emphasized that 2025 will be a pivotal year for Paraguay’s international standing, ensuring long-term growth and competitiveness. (Source: FOCO)