Mexico semiconductor nearshoring opportunities
Mexico semiconductor nearshoring opportunities are particularly promising in states such as Aguascalientes, Baja California, Chihuahua, Jalisco, Querétaro, and Tamaulipas, which have industrial vocations in the automotive and electronic sectors.
Chilean Mining Industry Expansion: Freeport-McMoRan’s $7.5 Billion Investment in El Abra
Freeport-McMoRan, a prominent American mining company, has made a significant stride in the Chilean mining industry by announcing a substantial $7.5 billion investment. This investment aims to extend the operational life of the El Abra mine.
Brazilian Aerospace Company Embraer Signs Contract to Export Aircraft to American Airlines
The Brazilian aerospace company Embraer operates in the Commercial Aviation, Executive Aviation, Defense and Security, and Agricultural Aviation sectors. The company is dedicated to designing, developing, manufacturing, and marketing aircraft and systems, offering after-sales services and customer assistance.
What country will have the first spaceport in Latin America?
The strategic location of the spaceport at Querétaro International Airport, with its robust infrastructure, makes it an ideal hub for aerospace activities. The construction of specialized hangars and facilities will support various aerospace operations, fostering job creation and economic growth.
Microbusinesses in Southern Paraguay are booming
What is there in southern Paraguay that is attracting investments like a magnet? According to the Vice Ministry of MSMEs, in 2023, almost 367,000 economic units had been formalized in Paraguay, of which 88% are microenterprises.
Investment Between Mercosur and the UAE: New Horizons
The Foreign Ministry of Argentina and its fellow MERCOSUR members are promoting a Comprehensive Economic Partnership Agreement with the United Arab Emirates (UAE). Such a partnership will result in four additional opportunities for investment between Mercosur and the UAE.
Bitcoin and beyond: the wave of cryptocurrencies in Latin America
As Latin American nations continue to explore and adapt to the world of cryptocurrencies, the potential for economic transformation and greater financial inclusion becomes increasingly evident, setting the stage for a dynamic future in the digital economy.
Costa Rican Investment Flows Set New Record, Says PROCOMER
The record-setting performance of Costa Rican investment flows in the first quarter of 2024 underscores the country’s growing appeal as a prime destination for foreign direct investment. Costa Rica has demonstrated robust economic resilience, with a remarkable 42% increase compared to the same period in 2023.
Panamanian Path to Mercosur: Business Leaders and Economists Weigh In
Business leaders, producers, and economists welcome Panama's return to seeking integration with economic blocks. Business union leaders see the beginning of the process for Panama's integration into the Southern Common Market (Mercosur) as an opportunity. At his last...
The Leading Country in Latin American Software Development: Exceeds US$ 1 Billion in Exports, Representing 4.3% of GDP
Uruguay has become one of the leading software exporters in Latin America. Despite being a small country with a population of approximately 3.5 million, it has developed a robust and dynamic technology sector.
Fintech in Uruguay is an emerging sector with an annual growth rate of 44%
As fintech in Uruguay and Latin America continues to evolve, it has the potential to transform financial services, promote economic inclusion, and drive sustainable development across the region.
Technology jobs in El Salvador represent 20% of the region’s total
Technology jobs in El Salvador represent 20% of the region’s total. More than 32,000 Salvadorans work in the technology sector. According to the World Bank, approximately 20% of the region’s technological jobs are concentrated in El Salvador.