• 2025.09.06 (Sat)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
MENU
 
Home > Industry

Paraguay Intensifies Efforts to Slash Logistics Costs and Boost Industrial Competitiveness

Yim Kwangsoo Correspondent / Updated : 2025-04-04 17:01:24
  • -
  • +
  • Print

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.]

  • #globaleconomictimes
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
  • #타이완포스트
  • #김포공항
Yim Kwangsoo Correspondent
Yim Kwangsoo Correspondent

Popular articles

  • Paraguayan Chamber of Commerce and Services Unveils New Economic Forecast Indicator

  • A Resonant Chorus of Heritage in Havana: Korean Descendants Celebrate Liberation Day

  • Spain and Portugal Battle Spreading Wildfires Amidst Record Heat

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065600049806121 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Israel Launches Airstrikes on Gaza City After Evacuation Order
  • US "475 people arrested at a Korean company site in Georgia… many are Korean" Official Announcement
  • Danang's Korean Community Takes a Big Leap Toward a New International School
  • Thailand's Political Landscape Shifts as Conservative Anutin Charnvirakul is Elected New Prime Minister 
  • The 10th Ulsan Ulju Mountain Film Festival: A Festival for the Entire Family
  • Russia Urges U.S. to Embrace Arctic Economic Partnership

Most Viewed

1
U.S. Government Acquires Controlling Stake in Intel, Signaling New Era of State-Corporate Alliance
2
Mitsubishi Pulls Out of Japanese Offshore Wind Projects Amid Soaring Costs
3
Brazil Weighs Legal Action as U.S. Tariffs Escalate Trade Tensions
4
The 34th Korean Dance Festival Opens a New Chapter for Daejeon with Dance
5
'K-Pop Demon Hunters' Is This Summer's Unlikely Juggernaut, Captivating U.S. Parents and Surging to Disney-Level Status
광고문의
임시1
임시3
임시2

Hot Issue

'Are you coming to get me?' The Last Plea of a Gazan Girl Resonates at the Venice Film Festival

U.S. Greenlights $32.5 Million in Aid for Nigeria Amid Rising Hunger Crisis

New Ebola Outbreak Confirmed in the DRC, 15 Dead

Nigerian River Tragedy: Overloaded Boat Capsizes, Leaving Dozens Dead

China’s online public opinion manipulation goes beyond Korea

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • 우리방송
  • APEC2025가이드북TV
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
  • Multicultural News
  • Jobs & Workers
  • APEC 2025 KOREA GUIDE