The number of foreign investment proposals coming to
is fast on the rise. So far this year, the Uruguayan government has approved 69 projects totaling over 543 million US dollars and has granted 148 million in tax exemptions. A total of over one billion US dollars of new investment projects are expected to be approved in 2008. Uruguay
The largest new investment project approved in the month of July, 2008, was a plywood production plant by the US Weyerhauser company, representing an investment of over 86 million US dollars.
The largest foreign investment in
The construction of a second large pulp mill was approved by