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More additional strategic
advantages that Uruguay offers: |
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Strategic location for distribution of goods to key consumer points in the
Mercosur |
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One of the most well-educated labor force in Latin America (97% literacy rate)
as consequence that the whole education
is free from the Primary one (children from 3 until
the 11 years of age), Secondary (12 up to 17 years of age) until
High School or Superior (Faculties focused for educational area
under the control of the University of the Republic). |
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Large bilingual population
with a secondary
language in English or Portuguese |
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Centralized routes and well-built infrastructure from Montevideo to Brazil, Argentina, Paraguay and Chile,
where is produced more than 80% of
South America
Gross Domestic Product (GDP).
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The Spanish language that is spoken in
Uruguay, is the most accepted in the whole Hispanic area, making
of this country, the most appropriate place to
install Customers
Attention Centers |
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Covering of 95% of current water, 99
electricity%. |
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From the 30 of September of 1997, Uruguay
has its system of communication and
telephony 100 digital%, being the first in Latin
America and one of the exclusive 6 countries of the
world with this feature |
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Historically without natural disasters,
without epidemics, without religious conflicts, without racial
conflicts, and one of the highest levels of personnel safety of
Latin America |
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According to latest
Environmental Sustainability Index (ESI)
produced by a team of environmental experts at Yale and Columbia
Universities and released at the World Economic Forum January 27
in Davos, Switzerland, Uruguay ranks in
the third position, behind Finland and Norway,
among 146 countries.
Click here so see PressRelease.pdf
http://www.yale.edu/esi/ESI2005_Main_Report.pdf |
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No restrictions on foreign trade operations
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Free trade zones
supported in an attractive legislation, oriented to capture
foreign companies that they want to be installed inside them |
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Foreign business
oriented legislation, including specialized laws as
Foreign Trade Zones Law and SAFI Holdings Law, and the Promotion
and Protection of national and foreign investment Law. |
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Investors may freely transfer abroad their
capital and profits from the investment. |
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The best option to
develop investments and business with seriousness in Latin
America.
According to the latest Transparency International Corruption
Perceptions Index 2004, produced by Transparency Internacional,
Uruguay ranks in the 28th position,
among 146 countries.
If we only consider Latin America
countries, Uruguay is the Second (2nd) more transparent country
for International Investment, only behind and very
close of Chile (1st position).
http://www.transparency.org/cpi/2004/cpi2004.en.html |
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Finally, the recently report published
recently by United States Department of State, titled
"2005 INVESTMENT CLIMATE STATEMENT -
URUGUAY" it is very eloquent about the excellent
conditions in that country for the foreign investors
http://www.state.gov/e/eb/ifd/2005/43043.htm |

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Uruguay is the best
strategic choice for the international companies interested in
developing business in Latin America region.
Uruguay gathers excellent logistics, attractive regulatory scheme for
foreign investments, telecommunications 100% digital, modern financial
system and one of the most cultured populations in the continent.
ECA (Etchegaray
Consultants & Associates) is located at downtown
Montevideo, the capital of Uruguay,
in the best point of the city, from you can access in few minutes to all strategic sites
of input and output from and toward the country, as Montevideo Port and Carrasco International Airport.
Montevideo, is also the city where the headquarters of the main
administrative organ of the Mercosur resides: the "Secretary
of the Mercosur"
http://www.mercosur.org.uy/espanol/sinf/varios/2.HTM
Mercosur is a customs union that was
established in 1995, made up initially by Brazil, Argentina, Uruguay and
Paraguay, by means of a trade liberalization which included a
progressive and automatic process of elimination of tariffs for all of
the tariff universe, though with lists of exceptions which should be
eliminated progressively.
Obviously, this includes the adoption of a common external tariff. To
facilitate and complement this program aimed at promoting commercial
exchange, a harmonization of macroeconomic and sectorial policies is
contemplated. The participation of the two largest South American
economies, Brazil and Argentine, together with the increasing
liberalization that the other economies of the region have experimented,
has led other countries to join the agreement, as has been the case with
Chile, Peru and Bolivia.
With time, it is probable that Mercosur will attract new members and
shall become the most import economic union in Latin America.
For these reasons, the geopolitical importance of Uruguay has become a significant factor for companies selecting Uruguay as the regional center of their business operations.
Few Latin American countries can boast the stability and safety that
Uruguay enjoys. Due to its long history of political and social
stability |
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