ALSINA URUGUAY PARTICIPATES AS A PANELIST AT THE FIRST EUROPEAN INVESTMENT FORUM IN URUGUAY
Alsina Uruguay participated as a panelist at the First European Investment Forum in Uruguay, held on June 21 and 22 in Montevideo and organized by the European Union Delegation and the Institute Uruguay XXI, where companies from Europe and the region interested in the trade and investment opportunities offered by Uruguay as a privileged gateway to Latin American markets got together.
The Forum held several panels in which more than 700 people gathered to discuss issues related to international trade between Latin America and the European Union (EU), as well as technical meetings in which attendees were able to see the Production of services and logistics of the country, and “B2B” meetings.
Germán Falco Michel participated in the event as representative of Alsina next to several representatives of Uruguay’s energy, infrastructure and agricultural sectors, such as the Minister of Transport and Public Works, Víctor Rossi, Uruguay’s Minister of Economy and Finance, Danilo Astori, Minister of Energy, Industry and Mining, Carolina Coss, Marcos Taranto from the Uruguayan Construction Chamber, Rubén Martínez from South American Logistics, Stephane Jaumot from Auraxis or Federico Gutierrez from Cementos Uruguay, who encouraged Europe to invest in the country and stressed Uruguay’s economic and political stability as a key factor when it comes to investing in the South American country.
Astori stressed that Uruguay “has managed to double its investment rate in recent years”, even surpassing the Chilean rate, one of the best examples of foreign investment in relation to its gross domestic product (GDP). Likewise, the head of the Uruguayan Economy pointed out that the country still has challenges ahead, such as the development of its infrastructure, an aspect considered central to attracting foreign investment. For his part, Rossi stressed the need to reform the Uruguayan railway system in the context of an eventual installation of the second pulp mill of the Finnish UPM paper mill in the country. The head of Transport pointed out that there is a “good response from European entrepreneurs who are interested in participating in infrastructure projects”.