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Home > World

New Food Factory Opens in Minga Guazu, Paraguay, Boosting Local Economy

Graciela Maria Reporter / Updated : 2024-11-20 08:57:15
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Minga Guazu, Paraguay – A new food processing plant, "Alimentos del Este E.A.S.", has opened its doors in Minga Guazu, Alto Paraná Department, marking a significant milestone for Paraguay's food industry. The factory, entirely funded by domestic investment, boasts a production capacity of 150,000 madeleines per hour.

This new facility is expected to revitalize Paraguay's food industry and stimulate local economic growth. By utilizing domestically sourced ingredients such as flour, sugar, vegetable oil, and eggs, the factory will contribute to the growth of Paraguay's agricultural and food sectors.

Javier Giménez, Minister of Industry and Commerce, attended the opening ceremony, commending the company's resilience and adaptability to market changes. He emphasized that this investment will not only create local jobs but also generate a ripple effect, stimulating the entire regional economy.

The factory's management has expressed its intention to expand beyond the domestic market and explore international opportunities. By leveraging locally sourced ingredients, the company aims to establish a competitive presence in the global market and contribute to Paraguay's economic development.

The mayor of Minga Guazu and the governor of Alto Paraná have welcomed the new factory, expressing their optimism about its potential to drive regional economic growth.

The opening of this food processing plant in Minga Guazu represents a significant achievement for Paraguay, demonstrating the country's commitment to industrial development and economic diversification. The combination of government support and private investment is expected to yield positive results for the Paraguayan economy.

[Copyright (c) Global Economic Times. All Rights Reserved.]

Graciela Maria Reporter
Graciela Maria Reporter

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