Sometimes overlooked as business destination, Paraguay presents some aspects that could be used as advantage and offer companies a possibility to settle in South America.
Companies that choose Paraguay will profit from affordable cost and a young and trainable workforce boosted by a demographic bonus (64% of population under 35 y.o.). The country also counts with clean, abundant and competitive energy (Paraguay is Nr.1 generator of renewable energy in LATAM) and a diversity of natural resources.
Paraguay has a relative macroeconomic stability when compared to some of its neighbors and the country offers special investment regimes for industries, such as: maquila regime, law 60/90, raw material regime, automotive regime, free zones, among others. These regimes offer various tax advantages, providing a simpler and more competitive tax scheme among neighboring countries.
Watch our Video:
Raúl Paredes' success story in Paraguay led him to be promoted at PedidosYa quickly. He now compares his experience starting a company from scratch in Paraguay, advantages of operating in the country, of working with local teams, which conditions must be met in order to succeed.
Nikolaus Osiw dives in the relationship between both nations and the opportunities that could be interesting for both countries to benefit from each other. Highlighting the factors and benefits of investing in Paraguay, key sectors that might be interested for Swiss companies, the process to invest, and possibilities of mutual cooperation.
Nothing speaks louder than the example. Nestlé Business Services Latam (NBS), provides internal assistance from Paraguay to 21 countries in the Americas. This meant an investment of US$ 2.2 million dollars when first launched. The objective of this new center is to respond to the increase in the requirement for internal Nestlé services in the coming years. Paraguay is a market of strategic importance with investment plans aimed at the socioeconomic development of the region.
Speakers:
Raúl Paredes – Head of Finance North LATAM at PedidosYa
Economist graduated from the National University of Asunción, with more than 12 years of experience in finance in leading multinational companies in the local market.
He is a professor and also, passionate about innovation and the development of human capital. He is the first Paraguayan to hold a regional position in PedidosYa. Given his success in Paraguay, he now manages the financial strategy for 9 Latin American countries.
Nikolaus Osiw – Director of Competitive Intelligence at the Exports and Investments Network (REDIEX)
Nikolaus Stefan Osiw is Engineer in Territorial and Environmental Planning.
He attended the German Concordia School in Asunción, Paraguay; and the Technical University of Kaiserslautern, Germany. He served as adviser in the technical cabinets of the Ministries of Industry and Commerce, and Finance/Treasury. He has been working at REDIEX since 2008, first as Manager of Commercial Intelligence, then as Director of Business Intelligence, and currently as Director of Competitive Intelligence. In addition, he is a professor at UNIDA University in Paraguay.
Lizzie Kennedy – CEO at Nestlé Paraguay
Lizzie Kennedy is Country Manager of Nestlé Paraguay, she has been with the company for more than 15 years, she started at Nestlé in 2005 as Consumer Marketing Manager, and since then she has developed a great career in Marketing and Sales, successfully leading the launch of new brands and businesses such as KitKat and Nescafé Dolce Gusto. Lizzie is the first Paraguayan and the first woman to lead a corporation like Nestlé Paraguay.
