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Home > Industry

Paraguay Intensifies Efforts to Slash Logistics Costs and Boost Industrial Competitiveness

Yim Kwangsoo Correspondent / Updated : 2025-04-04 17:01:24
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ASUNCIÓN, Paraguay – The Paraguayan government is aggressively pursuing strategies to significantly reduce logistics costs, a move aimed at bolstering the competitiveness of its industries and attracting greater foreign investment. High-ranking officials recently convened with a leading Brazilian logistics firm to explore innovative solutions and forge collaborative partnerships in this critical sector.

In early April, Vice Minister of Industry Marco Riquelme and Vice Minister of Commerce and Services Rodrigo Maluff engaged in productive discussions with a delegation from the Corttex Group, a prominent logistics operator based in Brazil. The central focus of the meeting was to identify key areas for enhancing Paraguay’s logistics efficiency, thereby lowering operational expenses for businesses and creating a more attractive environment for international investors. This initiative aligns with the government’s broader economic agenda to stimulate growth and create employment opportunities.

Vice Minister Riquelme underscored the importance of public-private sector dialogue in overcoming developmental challenges. "Our ongoing engagement with the private sector is crucial for pinpointing and addressing the bottlenecks that hinder our progress," he stated. "For Paraguayan manufacturing to thrive in the global marketplace, improvements in our logistics infrastructure are paramount. The government is steadfast in its commitment to implementing policies that facilitate these advancements." The Ministry of Industry and Commerce (MIC) has emphasized that this collaborative effort with Corttex Group is specifically designed to streamline logistics processes, eliminate unnecessary expenditures, and create a more conducive environment for business operations.

Alejandro Bobbio, a Director at Corttex Group, expressed considerable optimism regarding Paraguay’s proactive approach and the level of technical understanding demonstrated by government representatives. He highlighted the strategic advantages of the Caaguazú region, noting its "well-developed road network" which positions it favorably as a potential logistics hub.

Bobbio further elaborated on potential solutions, suggesting that "the adoption of a transportation system that effectively utilizes large trucks should be seriously considered to maximize logistics efficiency." The Caaguazú region's advantageous geographical location, offering excellent connectivity to major transportation arteries and key agricultural production zones, makes it an ideal candidate for development into a significant logistics center, which could inject considerable dynamism into the local economy.

Recognizing its geographical constraints as a landlocked nation in the heart of South America, Paraguay has placed a strong emphasis on upgrading its logistics and infrastructure capabilities. This recent meeting signifies a deepening of ties with experienced logistics providers from neighboring countries like Brazil, with the goal of implementing tangible and effective cost-saving measures. Industry analysts believe that these discussions represent a pivotal moment for Paraguay, potentially strengthening its industrial foundation, diversifying its economy, and attracting a greater influx of foreign direct investment. The government is expected to announce further steps and policy initiatives in the coming months as this strategic collaboration progresses.

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

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Yim Kwangsoo Correspondent
Yim Kwangsoo Correspondent

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