发布时间：2019-11-05
China has now become the second largest trading partner in Latin America, and Latin America has also become the second largest destination for China's overseas investment after Asia. As of 2017, the stock of Chinese enterprises' direct investment in Latin America has reached 387 billion US dollars. Especially in Uruguay, foreign direct investment (FDI) has reached a historical level. In the past decade, Uruguay has become one of the major foreign direct investment destinations in South America in terms of GDP. The favorable business environment, profitability and Uruguay's investment level all make investors trust Uruguay.
Uruguay XXI has confirmed to attend 11th China Overseas Investment Fair (COIFAIR) held on 28th-29th November at Beijing National Conference Center. Uruguay XXI will set up a booth and participate in China-Latin America International Cooperation Forum.
Uruguay XXI is the agency responsible for the promotion of exports, investments and country image of Uruguay. It works to strengthen the export capacity and competitiveness of Uruguayan companies, promote the country as an attractive destination for productive investments and promote the Uruguay Natural Country Brand in the world. It also provides help and information for those foreign companies seeking to invest in Uruguay, the gateway for the Belt and Road initiative to Latin America.
Uruguay government is paying attention on attracting outbound investment, Uruguay XXI and the Uruguay Embassy to China has cooperated with COIFAIR since 2015, which has greatly improved the investment cooperation between China and Uruguay.
Uruguay's Outstanding Industries
10 Reasons to Invest in Uruguay
1. Political, legal and social stability
Uruguay has a stable democratic system and legal system which ensures a good business environment and regulatory framework.
2. Macroeconomic Stability
Since 2017, Uruguay has reached the highest economic growth period in history, consolidating the 15-year growth trend at an average annual rate of 4.3%.
3. Preferential Market Access
Uruguay is a member of the Southern Common Market and has signed a free trade agreement with Mexico which has become the gateway to a market with a population of 400 million.
4. Investors' Interests
Uruguay provides important incentives for foreign and domestic investors which are related to taxation, free trade zones and free port and airport systems.
5. Easy to do Business
Uruguay guarantees investors equal treatment and no operational restrictions on commercial activities.
6. Modern Logistics
Uruguay has first-class port facilities, road network and free port system, making it the best logistics platform in MERCOSUR and the advantage of a goods distribution center.
7. Technology Leaders
Uruguay occupies a leading position in the Latin American ICT development index (ITU UIT, 2017). In addition, it’s the first and only country in South America to become a D9 member country. D9 is the world's 9 countries with the highest degree of electronic government.
8. Competitive National Talents
Uruguay is the first country to realize the project of one laptop per child. This computer contains complete data, free education, daily use of English and Portuguese, and information about national universities for all.
9. Efficient Energy Policies
Uruguay is one of the countries with the highest investment in clean energy in Latin America and is at the forefront of global wind power generation. In 2018, 97% of electricity came from renewable sources, of which wind power accounted for
38%.
10. Quality of Life
Montevideo has the best quality of life in Latin America. As well as the highest income in the region.
The remarkable development of the country in the past ten years is related to the strong growth of investment. In Uruguay, foreign direct investment (FDI) has reached a historical level. In the past ten years, the country has become one of the major foreign direct investment destinations in South America in terms of GDP. The favorable business environment, profitability and Uruguay's investment level all make investors trust Uruguay.
We Sincerely hope UruguayXXI could cooperate with more Chinese enterprises and create more investment opportunities to prosperous one belt and one road construction between China and Uruguay!
